Project Description

Ridgewood, NY | Ridgewood

Asset Type: Multifamily

Transaction Closed

Price:  $1,350,000

No. of Units:  4

No. of Retail: 0

Building Size: 3,850 SF

Building Dimensions: 26.5 ft x 70 ft with a 10 ft Extension in Rear of Property

Investment Highlights

Bestreich Realty Group (BRG) is pleased to announce that it has placed under contract this wide four unit located in the Ridgewood section of Queens. The property features 4 railroad units and has air shafts in the middle of the building on either sides. One first floor unit will be delivered vacant and offers the possibility of a duplex unit with private access to the backyard. The property is built 26.5 ft x 70 ft with a 10 ft by 7 ft extension in the rear of the property on all floors and offers approximately 3,850 square feet. The property sits on a 26.42 ft x 112 ft lot and is zoned R5B.

The property is located less than a block to the Forest Avenue M subway line, offering quick and easy access to Manhattan. It is near an array of strong retail along Myrtle Avenue and Fresh Pond Road. In addition, it is conveniently surrounded by many public schools as well as different playgrounds. Increasingly desirable, Ridgewood has welcomed an influx of renters as well as many new bars, restaurants, cafes, and artisan shops.

Call: (718) 360-8801

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Exclusive Listing Agents

Derek Bestreich
Derek BestreichPresident
Steve Reynolds
Steve ReynoldsVP of Sales
Tom Reynolds
Tom ReynoldsSenior Associate
Brian Davila
Brian DavilaAssociate