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31528406
31528407

568 Grandview Avenue, New York, NY 11385

JZ
NY 10491212408
$2,300,000
68 days on market
Updated 3 days ago

568 Grandview Avenue

Details
APN 4-03383-0053
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 4
NOI $71,036
Year Built 1917
Acreage 0.040
Zoning R6B

Multifamily | 4 Units

Marketing description

Conveniently located mixed use commercial and residential property in the heart of Ridgewood. Located on a busy intersection in the up and coming Ridgewood. The storefront directly benefits from its excellent location and can serve as a variety of uses; tenant pays $2,100 per month, no lease. The first floor residential unit features 1 bedroom, 1 full bathroom, a living/dining room, and a kitchen; tenant pays $1,500 per month, lease ends 9/30/26. The second floor features 2 bedrooms, 1 full bathroom, a living/dining room, and a kitchen; tenant pays $2,400 per month, no lease. The third floor features 4 bedrooms, 1 full bathroom, a living/dining room, and a kitchen; tenant pays $2,550 per month, lease ends 9/30/26. 4 garages; 2 are currently empty, and 2 are currently occupied, each receive $400 and $350 per month. Landlord pays water and heat, tenants pay all other utilities. Don't miss this chance to own this excellent investment opportunity!
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JZ
NY 10491212408

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$71,036.00
$5,919.67/mo

Valuation Metrics

0
DSCR
3.09%
Cap Rate
3.09%
ROI

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Additional Information

Name
Jamie Zheng
License
10491212408
Brokerage
Jamie Realty Group
Title
Real Estate broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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