Active - Mixed Use for sale
1&5 Ridgewood Place, Bushwick, NY 11237
Facts & features
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!
Listed by: Farah Samia C Mosquera • sfarah@myprimerealtor.com • Prime Realty
Co-listed by: Prime Realty
Come see by yourself
Affordability
$20,540/mo
- Mortgage$20,530
- Property tax$11
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
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About Bushwick
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
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.
Fire
Storm
Air quality
Pollen
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.