576 Ridgewood Avenue, Brooklyn, NY 11208

$1,900,000

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List Price
$1,900,000
Days on Market
32
MLS#
1019334
Status
ACTIVE
Property Type
Multi Family
Year Built
1920
Property Tax
$6,265
School District
Brooklyn 19
High School
Highland Park Community School
Jr. High
Is 171 Abraham Lincoln
Elementary School
Ps 89 Cypress Hills

Property Description

Welcome to this completely updated 4-Unit Mixed-Use building offering a rare combination of immaculate condition and strong income potential. This 4-unit property consist of one (1) Three-Bedroom Apartment, and two (2) One-Bedroom apartments, one (1) ground-floor retail store, and three (3) attached garage spaces. Each unit is individually metered with its own electric meter and boiler, giving the new owner the flexibility to pass heat and electric costs on to tenants and significantly reduce operating expenses. All three apartments feature brand-new wall-hung Navien tankless water heaters for efficient, on-demand hot water. Major safety and infrastructure upgrades include a full building-wide sprinkler system, plus a new steel staircase running from the ground floor to the third floor. The brand new gas meters and electric smart meters have just been installed, and the building's gas lines passed a full NYC Buildings Department inspection this year. New security gates have also been added throughout the property, including all three garages. Please note, some images have been A.I modified for clarity. Located near major shopping centers and transit lines. This building is ready to start making YOU money!

Additional Information

Acres
0.04
Parking
Garage
Basement
Partially Finished
Heating
Baseboard
Cooling
Wall/Window Unit(s)
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Daylan Bisram (daylan@eastpointre.com) from Listing Office: East Point Realty LLC.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.