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Image 1 - 1823 Bleecker Street, New York, NY 11385, USA - Duplex for sale

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Home For Sale In Ridgewood, New York

1823 Bleecker Street, New York, NY 11385, USA

Home For Sale In Ridgewood, New York

duplex for sale

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Listed: 01/21/24

1823 Bleecker Street, New York, NY 11385, USA

Studio Bed:

6 Bath:

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Price

$ 1,85M

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About This Duplex

This semi-detached six-family building in Ridgewood features1, 400 SFof unused air rights, a high rent roll, and excellent air and light. The building consists of three free-market units and three rent-stabilized units. All units have one bedroom, one bathroom, and beautiful hardwood flooring and some are fully renovated with dishwashers and washers/dryers. At three stories high, the building is3, 600 SFand measures 20' x 60'. It sits on a2, 500 SFlot measuring 25' x 100.' The building has the potential to produce a gross annual income of approximately$155, 169and has a 6.10% potential cap rate. The building is conveniently located just a short walk from the M train at Seneca Avenue and the L train at Dekalb Avenue. This is an excellent opportunity to invest in a 50% free-market building with a high rent roll and air rights in prime Ridgewood.

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Ridgewood Housing & Living

Household Income

Median household income: $63,799

Number of households: 3,2M

The average household income in New York, NY grew from $60,879 to $63,799 in the past year. This data is an estimate based upon 3,2M households in New York, NY.
The chart below presents how household income is distributed in New York, NY in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New York, NY compared to median property taxes around the country. The prevalent amount of property taxes in New York, NY equals $3k+ , which is more than the national average.

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