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Active - Mixed Use for sale

1&5 Ridgewood Place, Bushwick, NY 11237

Facts & features

Mixed Use Property type
1057 days on Beycome
2,000 sqft Lot size

Why you’ll love it

  • Renovated

Remarkably Low Taxes: $126.40 for the 2022/2023 tax year at 1 Ridgewood Place $232.96 for 2022/2023 tax year at 5 Ridgewood Place. Finished Basement: With a separate entrance, enhancing the property's appeal. Renovated Apartments: 70% of the apartments have been renovated, leading to reduced real estate taxes. Zoning: R6, C2-3 zoning, enabling a variety of residential and commercial uses. Location Highlights: Bushwick: A vibrant neighborhood known for its street art, local shops, and diverse cuisine. Proximity: Close to major transportation and 3 shopping centers within a 2.4-mile radius. "Exceptional Investment Opportunity: 12 Rent-Stabilized Units in Ideal Combination". Seize this opportunity to invest in the thriving Brooklyn real estate market. High rental income and long-term appreciation potential await. Act now and be part of this exciting venture!

Translating description...

Listed by: Farah Samia C Mosquera • sfarah@myprimerealtor.com • Prime Realty

Co-listed by: Prime Realty

Come see by yourself

Affordability

$2,640,000$5,480,000
1%20%
0%90%
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Estimated monthly payment

$20,540/mo

  • Mortgage$20,530
  • Property tax$11
  • HOA fee
  • Homeowners insurance
Due at closing$3,227,700
Down payment held in escrow$812,000
Closing costs$60,900
beycome credit Est.$81,200

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Bushwick

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.

$4,060,000 Listed price

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$81,200 Credit back

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