$1,395,000
- Beds
- 7
- Baths
- 5.0
- sq ft
- Unknown
71-20 Central Ave, Ridgewood, NY 11385
71-20 Central Ave
New York City, NY 11385
- 128 days on market
- Price drop $55,000↓
Welcome to your next investment opportunity in Glendale, NY! This well-maintained corner brick building boasts a prime location and lucrative potential. Comprising five residential units along with a convenient 2-car garage, this property offers both versatility and convenience. Currently, apartment 1R stands vacant, presenting an immediate opportunity for occupancy or customization. With a potential net annual income of $103,200 upon rental of 1R, and a net income of $72,610, this investment promises substantial returns. The building features four one-bedroom apartments and one spacious three-bedroom unit, catering to a variety of tenant needs. Heating is provided by oil, ensuring comfort throughout the seasons. Located in proximity to Atlas Mall and just a stone's throw away from the express bus on 73rd and Myrtle, commuting into Manhattan is a breeze. Whether tenants seek urban amenities or suburban tranquility, this property offers the best of both worlds. Don't miss out on this exceptional opportunity to add a lucrative asset to your portfolio.<br><br><br><br><br><br>
Details
Property type
Single Family Residence
Lot size
Unknown
Price per sq ft
Unknown
Year built
1900
Annual property taxes
$13,236
HOA
Yes
Price History
08/05/2024
REBNY #RLMX-100218
Price change
$1,395,000
-3.79%
06/14/2024
REBNY #RLMX-100218
Price change
$1,450,000
-6.45%
05/30/2024
REBNY #RLMX-100218
Listed
$1,550,000
Schools & Community
Neighborhood:
Glendale
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 10/05/2024 at 6:40 PM
Listing updated: 09/30/2024 at 12:49 PM
Listed by: Sal Crifasi, Crifasi Realty Associates Inc Phone #: (718) 821-5999
MLS: REBNY #RLMX-100218
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