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603 Woodward Avenue

Ridgewood, NY 11385
  • $2,199,000
  • STATUS: Active
  • ON SITE: 86 Days
  • MLS #: 807415
UPDATED: 237 min ago
$2,199,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1915
County:
Area:

School Ratings & Info

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. 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.

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© 2025 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 Keller Williams Realty NYC Group. Data last updated: 2025-03-18T00:17:26.157.
www.padernachtrealestate.com/homes/158980946
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603 Woodward Avenue Ridgewood, NY 11385

  • Price: $2,199,000
  • Status: Active
  • On Site: 86 Days
  • Updated: 237 min ago
  • MLS #: 807415
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1915
Built
Neighborhood:
New York
County:
Queens
Area:
New York
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. 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.
Exterior Features

Construction Materials Brick Property Attached YN Yes Stories Total 3 Waterfront YN No

Interior Features

Basement Details Full Basement YN Yes Cooling None

Property Features

Building Area Total 5175 Gross Income 185000 Heating Hot Water Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 29975 Tax Source Other Utilities Electricity AvailableNatural Gas Available Water Source Public

Listing courtesy of Michael Bakheet of Keller Williams Landmark II: 347-846-1200
© 2025 OneKey MLS. All rights reserved.


© 2025 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 Keller Williams Realty NYC Group. Data last updated: 2025-03-18T00:17:26.157.
 
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Keller Williams Realty NYC Group
2300 Eastchester Road
Bronx NY, 10469