$1,750,000
●
Multifamily -
Off Market
73-20 Forest Avenue
Ridgewood, NY 11385
8 Beds
6 Baths,
1
Half Bath
$1,770,464
RealtyHop Estimate
1.17%
Since Aug 1, 2023
NY-New York
Primary Model
About This Property
*** AMAZING ASSUMABLE FINANCING AVAILABLE***ORIGINAL 15 YEAR
MORTGAGE WITH APPROXIMATELY $750,000 BALANCE AND 13 YEARS REMAINING
AT A 4% FIXED RATE. MONTHLY PAYMENT IS $6,236 WITH $3,700 PRINCIPLE
REDUCTION EACH MONTH. WONDERFUL OPPORTUNITY TO TAKE OVER A FULLY
PERFORMING MIXED USE CORNER PROPERTY WITH UPSIDE POTENTIAL.
PERFECTLY POSITIONED IN HIGHLY DESIRABLE RIDGEWOOD QUEENS. THE
PROPERTY IS FULLY OCCUPIED BY LONG STANDING TENANTS ALL OF WHICH
HAVE BEEN CONSISTENTLY CURRENT ON THEIR RENTAL PAYMENTS. FIRST
FLOOR CONSISTS OF A COMMERCIAL CONVENIENCE STORE AND A SPACIOUS TWO
BEDROOM APARTMENT. BOTH SECOND AND THIRD FLOOR ARE HUGE 6 ROOM,3
BR,2 FULL BATH APARTMENTS WITH THE 2ND FLOOR ENJOYING A LOVELY
COVERED DECK OFF THE REAR BEDROOM. MANY UPDATES HAVE BEEN PERFORMED
INCLUDING 3 NEW KITCHENS AND 2 NEW BATHS. FULL BASEMENT WITH 3
ENTRANCES. LONG STANDING SUPER LIVES IN THE BUILDING. 1 CAR
DETACHED GARAGE AND A PRIVATE DRIVEWAY WHICH ALLOWS FOR 2
ADDITIONAL STREET PARKING SPOTS. CONVENIENT LOCATION NEAR MYRTLE
AVE WITH ALL ITS SHOPPING, DINING AND TRANSPORTATION OPTIONS. THREE
BLOCKS TO THE M TRAIN HALSEY STATION. PERFECT FOR A 1031
EXCHANGE
Unit Size
-
Days on Market
-
Land Size
0.05 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,211
HOA Dues
-
Year Built
1931
Last updated: 10 months ago (OneKey MLS #3493988)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 25, 2023 | Withdrawn | - | |
Withdrawn | |||
Jul 27, 2023 | Listed by O Kane Realty | $1,750,000 | |
Listed by O Kane Realty | |||
Jun 8, 2016 | Sold to Jjm Realty Holdings Llc | $1,250,000 | |
Sold to Jjm Realty Holdings Llc |
Property Highlights
Garage
Parking Details
Has Garage
Parking Features: Private, Detached, 1 Car Detached, Driveway
Garage Spaces: 1
Interior Details
Bathroom Information
Half Bathrooms: 1
Full Bathrooms: 5
Room Information
Rooms: 16
Basement Information
Basement: Full
Exterior Details
Property Information
Has Property Attached
Square Footage: 3609
Square Footage Source: $0
Green Sustainability
Property Condition: Excellent
Building Information
Levels: Three Or More
Building Area Units: Square Feet
Window Features: Skylight(s)
Construction Materials: Brick
Lot Information
Lot Features: Corner Lot, Near Public Transit
Lot Size Area: 0.05
Lot Size Units: Acres
Lot Size Acres: 0.05
Land Information
Water Source: Public
Financial Details
Tax Map Number: 03577-0040
Included In Taxes: Trash
Tax Annual Amount: $14,532
Utilities Details
Cooling Type: None
Heating Type: Natural Gas, Steam
Heating Zones
Sewer : Sewer
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
Sold
Multifamily
8
Beds
4
Baths
-
$1,350,000
Apr 5, 2022
$1,350,000
Dec 29, 2022
$734/mo
Sold
Multifamily
8
Beds
4
Baths
-
$1,400,000
Jul 10, 2019
$1,400,000
Oct 21, 2019
$535/mo
Sold
Multifamily
8
Beds
4
Baths
-
$1,200,000
Aug 22, 2019
$1,200,000
Aug 3, 2020
$732/mo
Sold
Multifamily
9
Beds
4
Baths
-
$1,500,000
Mar 30, 2023
$1,500,000
Sep 13, 2023
$484/mo
Townhouse
8
Beds
3
Baths
3,100 ft²
$548/ft²
$1,700,000
Feb 10, 2022
$1,700,000
Jul 22, 2022
-
Sold
Multifamily
7
Beds
4
Baths
-
$1,405,000
Oct 14, 2019
$1,405,000
Jan 29, 2020
$925/mo
Active
Townhouse
8
Beds
6
Baths
4,000 ft²
$425/ft²
$1,699,000
Mar 2, 2024
-
$969/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/27/2023
|
|
8 Bed
|
6 Bath
|
-
|
$1,750,000
8 Bed
6 Bath
|
-
-
|
-
|
John O Kane
O Kane Realty
|