by RH Advisors

See Home Value
$2,150,000
Multifamily - Off Market

72-04 Forest Avenue

Ridgewood, NY 11385
bedrooms
10 Beds
bathrooms
5 Baths
$2,964,236
RealtyHop Estimate
22.24%
Since Jun 1, 2021
NY-New York
Primary Model

About This Property

Corner Brick Mixed-Use 5 Family + Store w/ Garage & Full Basement!  This is an Investor's Dream! 5.7% CAP Rate! Building is located in prime Ridgewood, bordering gorgeous parks in Glendale and the trendiest restaurants and nightlife in Ridgewood.  Just 5 mins to M train (Forest Ave) 3 blocks to Evergreen Park 7 blocks to the Rosemary's Playground Steps away from all shopping, boutiques, and groceries.  This income-producing property features: - 5 Free Market Apartments (each are 2 Br/ 1 Bath) - Commercial Store is approx. 800 sq. ft (tenants have a 5-year lease) - All Apartments are in good condition, original wood floors that respect its pre-war character and charm: bright exterior, very high ceilings, hardwood floors, tall windows and so much more! - Quiet building. Very well maintained. - Full Basement - 1 Car Garage - Neighborhood highlights include: Art galleries, trendy nightlife bars, famous restaurants and an organic Farmer's market on Saturdays. Great Investment Opportunity!
Unit Size
-
Days on Market
294 days
Land Size
0.06 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,549
HOA Dues
-
Year Built
1931
Last updated: 2 years ago (OneKey MLS #3237340)

Price History

Date / Event Date Event Price
May 18, 2021 Sold $2,150,000
Sold
Jan 20, 2021 In contract -
In contract
Oct 2, 2020 Price Decreased $2,425,000
↓ $100K (4%)
Price Decreased
Aug 24, 2020 Price Increased $2,525,000
↑ $100K (4.1%)
Price Increased
Jul 28, 2020 Listed by Capri Jet Realty Corp $2,425,000
Listed by Capri Jet Realty Corp

Property Highlights

Garage
Interior Details

Bathroom Information

Full Bathrooms: 5

Interior Information

Interior Features: Formal Dining Room, Storage
Flooring Type: Hardwood

Room Information

Rooms: 25

Basement Information

Basement: Full
Exterior Details

Property Information

Has Property Attached
Square Footage: 5951
Square Footage Source: $0
Green Sustainability
Road Responsibility: Public Maintained Road

Building Information

Levels: Three Or More
Building Area Units: Square Feet
Construction Materials: Brick

Lot Information

Lot Features: Corner Lot, Near Public Transit
Lot Size Area: 0.06
Lot Size Units: Acres
Lot Size Acres: 0.06


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Residential
8 Beds
5.5 Baths
4,875 ft²
$451/ft²
$2,200,000 Feb 17, 2022
$2,200,000 May 19, 2022
-
Building Sale
Stu
-
-
$2,550,000 Nov 10, 2020
$2,550,000 May 7, 2021
-
Condo
2 Beds
2 Baths
-
$2,275,000 Mar 18, 2022
$2,275,000 Apr 26, 2022
$630/mo
Townhouse
Stu
-
-
$2,450,000 Jan 24, 2020
$2,450,000 Feb 7, 2022
$211/mo
Townhouse
Stu
-
-
$2,200,000 Mar 9, 2022
$2,200,000 Mar 25, 2022
$1/mo
Townhouse
12 Beds
6 Baths
-
$2,650,000 Mar 1, 2022
$2,650,000 Oct 18, 2022
-
Multifamily
3 Beds
2 Baths
-
$2,788,000 Mar 2, 2023
-
$1,266/mo
Multifamily
6 Beds
5 Baths
-
$1,980,000 Mar 7, 2022
-
$1,952/mo
Multifamily
8 Beds
4 Baths
-
$2,720,000 Sep 29, 2020
-
$1,011/mo
Multifamily
12 Beds
6 Baths
-
$1,999,000 Feb 4, 2023
-
$736/mo
Multifamily
Stu
6 Baths
5,700 ft²
$368/ft²
$2,100,000 Feb 7, 2023
-
-
Multifamily
8 Beds
6 Baths
-
$1,999,000 Oct 24, 2022
-
$1,333/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200728
07/28/2020
10 Bed
5 Bath
-
$2,425,000
bedrooms
10 Bed
bathrooms
5 Bath
$2,425,000
05/18/2021
-
Michael Bifalco
Capri Jet Realty Corp

Building Info

72-4 Forest Avenue 72-4 Forest Avenue, Ridgewood, NY 11385
  • 6 Units
More about this Building
72-4 Forest Avenue
Want to find out who owns 72-4 Forest Avenue, Ridgewood, NY 11385? Get detailed property transactions here .

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