$2,150,000
●
Multifamily -
Off Market
72-04 Forest Avenue
Ridgewood, NY 11385
10 Beds
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
Financial Details
Tax Map Number: 03576-0030
Tax Annual Amount: $18,590
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
Residential
8
Beds
5.5
Baths
4,875 ft²
$451/ft²
$2,200,000
Feb 17, 2022
$2,200,000
May 19, 2022
-
Condo
2
Beds
2
Baths
-
$2,275,000
Mar 18, 2022
$2,275,000
Apr 26, 2022
$630/mo
Townhouse
12
Beds
6
Baths
-
$2,650,000
Mar 1, 2022
$2,650,000
Oct 18, 2022
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/28/2020
|
|
10 Bed
|
5 Bath
|
-
|
$2,425,000
10 Bed
5 Bath
|
$2,425,000
05/18/2021
|
-
|
Michael Bifalco
Capri Jet Realty Corp
|