862 Woodward Ave
Listing Notes
Turnkey six (6) family building in prime Ridgewood, 7% cap rate, well-maintained, railroad style. 7 gas meters and 7 electric meters. Three 3-bedroom apartments and three 2-bedroom apartments. New roof replaced in 2022, new skylight, basement front entrance door, and new boiler in 2023. Close to 5,800 square feet of interior space, building size is 27.5x70, lot size is 27.5x100. Property tax is $19,650. Close to $130,000 great NOI, 7% cap rate. Excellent location, close to all. DHCR available upon request. Motivated seller
Price in context
Cheaper than 50% of the 24 homes listed nearby right now, which run $899,000 to $1,788,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 18-24 George St | $899,000 | 12 bd · 6 ba |
| 59-05 Catalpa Ave | $900,000 | 12 bd · 6 ba |
| 59-45 Woodbine St | $999,000 | 5 bd · 2 ba |
| 18-58 Cornelia St | $1,100,000 | 18 bd · 6 ba |
| 60-67 Putnam Ave | $1,175,000 | 6 bd · 2 ba |
| 1840 Norman St | $1,200,000 | 4 bd · 2 ba |
| 1822 Putnam Ave | $1,250,000 | 18 bd · 6 ba |
| 1842 Norman St | $1,275,000 | 5 bd · 3 ba |
| 1884 Woodbine St | $1,299,000 | Studio |
| 60-34 69th Ave | $1,299,000 | 5 bd · 2 ba |
| 655 Woodward Ave | $1,299,000 | 12 bd · 6 ba |
| 6051 68th Ave | $1,328,888 | 5 bd · 2 ba |
| 6031 67th Ave | $1,350,000 | 8 bd · 4 ba |
| 804 Onderdonk Ave Unit MULTI-FAM | $1,395,000 | 17 bd · 7 ba |
| 59-17 70th Ave | $1,399,000 | 6 bd · 2 ba |
| 1813 Madison St | $1,480,000 | 6 bd · 4 ba |
| 6016 68th Rd | $1,500,000 | 6 bd · 2 ba |
| 818 Onderdonk Ave | $1,599,000 | 11 bd · 7 ba |
| 5805 69th Ave | $1,628,000 | Studio |
| 5805 69th Ave | $1,628,000 | Studio |
| 6817 Forest Ave | $1,650,000 | 4 bd · 3 ba |
| 686 Fairview Ave | $1,699,000 | 9 bd · 3 ba |
| 6063 Catalpa Ave | $1,750,000 | 6 bd · 4 ba |
| 6050 Putnam Ave | $1,788,000 | 11 bd · 3 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more