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576 Ridgewood Avenue

Cypress Hills, NY 11208
  • $2,280,000
  • STATUS: Active
  • ON SITE: 117 Days
  • MLS #: 3540337
$2,280,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Description

Turn-Key Mixed-Use Property in this upcoming neighborhood of Cypress Hill, Brooklyn. This property consists in a store front of about 600 SQFT on the first floor, 3-bedroom apartment on the second floor and 2-1-bedroom apartments on the third floor. This property also includes 3 car attached garages and a full basement. Latest capital improvements are new roof, sprinkler system, new electrical wiring, and new plumbing through out the building, each apartment has its own Navien tankless water heater-wall mounted and new heating radiator. Pro-Forma NOI $137,000, CAP 6%

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sheil Estate | Coldwell Banker Realty. Data last updated: 2024-07-22T00:18:19.723.
www.sheilestate.com/homes/148917742
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576 Ridgewood Avenue Cypress Hills, NY 11208

  • Price: $2,280,000
  • Status: Active
  • On Site: 117 Days
  • MLS #: 3540337
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1920
Built
Neighborhood:
Brooklyn
County:
Brooklyn
Area:
Brooklyn
Property Description
Turn-Key Mixed-Use Property in this upcoming neighborhood of Cypress Hill, Brooklyn. This property consists in a store front of about 600 SQFT on the first floor, 3-bedroom apartment on the second floor and 2-1-bedroom apartments on the third floor. This property also includes 3 car attached garages and a full basement. Latest capital improvements are new roof, sprinkler system, new electrical wiring, and new plumbing through out the building, each apartment has its own Navien tankless water heater-wall mounted and new heating radiator. Pro-Forma NOI $137,000, CAP 6%
Exterior Features

Business Parking Spaces 3 Cross Street Grant Ave Overhead Door 0 Parking Total 3 Stories Total 3

Interior Features

Heating Natural GasHot Water

Property Features

Building Size 20.17 x 57 Business Type Mixed Current Use Food ServiceResidential Gross Income 156000 MLSArea Minor 13 Net Operating Income 137000 Operating Expense 19000 Potential Rental Income YN Yes Property Sub Type Mixed Use Sewer Sewer Tax Annual Amount 5750 Tax Annual Amount1 5750 Zoning Description R5

Listing courtesy of James Chung of Keller Williams Rlty Landmark: 718-475-2700
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sheil Estate | Coldwell Banker Realty. Data last updated: 2024-07-22T00:18:19.723.
 
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Sheil Estate | Coldwell Banker Realty
338 Route 202
Somers NY, 10589