This rent-stabilized three-story building is located in Ridgewood and consists of six residential units. One of the top floor units is vacant, and 1R and 2R are owner-occupied and will be delivered vacant at free-market rates. Unit 1R can be duplexed with the basement for a higher free-market rent. This deal is perfect for an owner/user who wants to occupy the top floor unit and rent the owner occupied units at market value, or an investor who wants to buy a 5.3% cap. All units are railroad two bedroom units and have modern kitchens. Residents are 4 blocks to the M at Forest Avenue and close to multiple bus lines. Many popular Ridgewood spots are within walking distance.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
