16-92 Grove Street, Ridgewood, NY 11385

Other
INR ₹167,080,384
USD $1,998,000
Published on: 11 Mar 2024
Last updated on: 13 Sep 2024
16-92 Grove Street, Ridgewood, NY 11385
16-92 Grove Street, Ridgewood, NY 11385
16-92 Grove Street, Ridgewood, NY 11385
+10
16-92 Grove Street, Ridgewood, NY 11385
  • 10
Property ID: 110090598819
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Key property information

Land Size
2,178.00 sq ft

Mixed Use - Ridgewood, NY

16-92 Grove Street, Ridgewood, NY 11385
Welcome to a prime investment opportunity in Ridgewood! This property features two residential units and a commercial storefront housing a laundromat, generating a total monthly income of $9,500. Each residential unit offers three bedrooms and one bathroom, with the added convenience of two car garages.  Spacious building size 20X62 with low property taxes of just $6,414 per year and tenants responsible for all utilities, the return on investment stands at an impressive 5.6%. Situated in a highly accessible location with easy transportation access, this property presents a rare chance for investors to secure steady returns in a thriving area. Don't miss out on this great opportunity!

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
2,178.00 sq ft
Year Built
1915
Architecture Style
Other
County
Queens
Parcel ID
03443-0032
Provider
CHASE GLOBAL REALTY CORP
Brokerage Office Name
CHASE GLOBAL REALTY CORP
Brokerage Office Phone
(347) 226-0870
Address
16-92 Grove Street, Ridgewood, NY 11385
Contact Agent
55 Northern Blvd Suite 302, Great Neck, NY 11021
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Email enquiry to Skylux Realty Inc

55 Northern Blvd Suite 302, Great Neck, NY 11021
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      Property ID: 110090598819

      Data provided by CHASE GLOBAL REALTY CORP, MLS #: 3536722
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