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Image 1 - 16-83 Woodbine St, Ridgewood, New York, 11385 - House for sale
Image 2 - 16-83 Woodbine St, Ridgewood, New York, 11385 - House for sale
Image 3 - 16-83 Woodbine St, Ridgewood, New York, 11385 - House for sale
Image 4 - 16-83 Woodbine St, Ridgewood, New York, 11385 - House for sale
Image 5 - 16-83 Woodbine St, Ridgewood, New York, 11385 - House for sale
Image 6 - 16-83 Woodbine St, Ridgewood, New York, 11385 - House for sale
Image 7 - 16-83 Woodbine St, Ridgewood, New York, 11385 - House for sale
Image 8 - 16-83 Woodbine St, Ridgewood, New York, 11385 - House for sale
Home For Sale In Ridgewood, New York
16-83 Woodbine St, Ridgewood, New York, 11385

Home For Sale In Ridgewood, New York

house for sale
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Listed: 05/07/24

16-83 Woodbine St, Ridgewood, New York, 11385

12 Bed:
4.5 Bath:
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Price
$ 3,65M

About This House

This meticulously renovated mixed-use building, completed in 2023, boasts Nine free market units, comprising Four residential and Five commercial units. It stands as a lucrative income generator, with gross annual income increasing to$278, 544/yr starting October 2024 (for detailed breakdown, refer to our Excel sheet or digital brochure). The residential units feature spacious 3 boxed bedroom layouts with one full bathroom each. Situated in zoneR6B-C24,the property is Not subject to rent control or rent stabilization regulations. Nestled in the heart of Ridgewood, conveniently positioned between the L and M train lines, residents enjoy unparalleled access to amenities, public transportation, and thriving commercial hubs. Ridgewood's allure as an exceptional city underscores the promising investment potential of this property.

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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.