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603 WOODWARD Avenue, Ridgewood, NY 11385
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$1,999,000
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Home Details for 603 WOODWARD NE Avenue
Price
$1,999,000
Type
Commercial/Industrial
Year Build
1915
County
Queens
Basement
Full
Tax
$29,975
MLS®️ Listing#
807415
On exitrealty.com
263 days
Property Description
This mixed-use property in Ridgewood is an exceptional investment opportunity with strong income potential. Here’s a refined overview:
11 Residential Units- The property includes 11 residential units, providing a reliable tenant base and steady rental income.
5 units are studios and 6 units are one bedroom.
Storefront: The street-level retail space is located in a high-traffic area, offering great visibility and attracting consistent foot traffic.
Gross Annual Income: The property generates a gross annual income of $185,000, indicating strong returns.
Prime Location: Nestled in a vibrant, sought-after neighborhood, the property is conveniently located near shops, restaurants, and major transportation options, enhancing both residential and commercial appeal.
Upgrades: The property features a new roof and furnace, which reduces the need for immediate maintenance and ensures long-term stability.
- Utilities
- Natural Gas Available
- Electricity Available
- Cooling Information
- None
- Heating Information
- Hot Water
- Water Features
- Public
- Basement
- Full
Listing Courtesy: Keller Williams Landmark II - 347-846-1200. Presented by: Michael Bakheet
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. 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 deemed reliable but not guaranteed. Copyright ©2025 OneKey MLS. All Rights Reserved
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