$1,871,974*
●
Multifamily -
Off Market
261 Saint Nicholas Avenue
Ridgewood, NY 11385
8 Beds
6 Baths,
2
Half Baths
3840 Sqft
$1,395,000 - $1,703,000
Reference Base Price*
20.85%
Since Jul 1, 2021
NY-New York
Primary Model
About This Property
Corner 2 Family + Store & Full Basement! Projected CAP Rate 9%!
Building is located in prime Ridgewood, bordering gorgeous parks in
Glendale and the trendiest restaurants and nightlife in Bushwick.
Just 4 blocks to the L & M trains (Myrtle-Wyckoff Ave); 5 blocks to
the M line (Seneca Ave); 10 min walk to Maria Hernandez Park.
This Property has huge potential! Delivered vacant! 1st
Fl Comm. Space is built full on lot: - Separate back office or
extra storage room (17 x 18.5 ft) - Tiled floors - 2 Full baths 2nd
Fl Apt: 4BR/1.5BTH - Original wood floor - Bright exterior - Very
high ceilings - Tall windows - Rooftop terrace off rear bedrooms -
W/D 3rd Fl Apt: 4BR/1.5BTH - Newly renovated unit - Open concept
layout - Customized kitchen w/ backsplash - Linoleum floors but
original hardwood floors underneath - Recessed lighting - 12 ft
ceiling height Other features: Separate meters for each unit;
Full semi-finished basement; Quiet building; Very well maintained.
Great Investment!
The manager has listed the unit size as 3840 square feet.
The manager has listed the unit size as 3840 square feet.
Unit Size
3,840Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$403
Property Type
Multifamily
Property Taxes
$321
HOA Dues
-
Year Built
1931
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2021 | Sold to House Nicholas Llc | $1,500,000 | |
| Sold to House Nicholas Llc | |||
| Jun 11, 2021 | No longer available | - | |
| No longer available | |||
| Mar 3, 2021 | Price Decreased |
$1,549,000
↓ $51K
(3.2%)
|
|
| Price Decreased | |||
| Jan 15, 2021 | Price Decreased |
$1,599,999
↓ $99K
(5.8%)
|
|
| Price Decreased | |||
| Jan 11, 2021 | Relisted | $1,699,000 | |
| Relisted | |||
Show More
Property Highlights
Fireplace
Parking Available
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
8
Beds
6
Baths
-
$1,500,000
Oct 21, 2020
$1,500,000
Nov 29, 2021
$321/mo
Sold
Multifamily
8
Beds
3
Baths
-
$1,450,000
May 10, 2022
$1,450,000
Oct 3, 2022
$691/mo
Sold
Multifamily
8
Beds
4
Baths
-
$1,460,000
Oct 10, 2022
$1,460,000
Mar 6, 2023
$605/mo
Sold
Multifamily
8
Beds
4
Baths
-
$1,150,000
Feb 23, 2021
$1,150,000
Jul 29, 2021
$711/mo
Multifamily
5
Beds
5
Baths
2,376 ft²
$533/ft²
$1,267,500
Sep 14, 2022
$1,267,500
Jan 30, 2023
-
Sold
Multifamily
7
Beds
3
Baths
-
$1,325,000
Feb 1, 2022
$1,325,000
Jul 12, 2023
$593/mo
Active
Townhouse
8
Beds
3.5
Baths
3,000 ft²
$477/ft²
$1,430,000
Apr 17, 2023
-
$986/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
10/21/2020
|
|
8 Bed
|
6 Bath
|
-
|
$1,549,000
8 Bed
6 Bath
|
$1,500,000
-3.16%
11/29/2021
|
-
|
Stella Napolitano
Capri Jet Realty Corp
|
|
09/08/2019
|
|
Studio
|
-
|
6120 ft²
|
$1,999,000
Studio
-
6120 ft²
|
-
-
|
-
|
Joseph Lombardo
Keller Williams Capital Dist
|
Building Info
