16-83 Woodbine Street Ridgewood, NY 11385

Multi-Family (2-4 Units) MLS #: 3548046 Courtesy Of eXp Realty

$3,400,000

12 beds | 4 baths | 5 half baths
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Est. Property Tax: $31,753
Estimated monthly payments: $17,509/mo.* (recalculate)

Property InformationDescription

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 zone R6B-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.

Features

  • Age: Over 50 Years Old
  • Appliances: Freezer, Oven, Refrigerator
  • Architecture Style: Other
  • Cooling System: Window Unit(s) A/C
  • Exterior Type: Brick
  • Heating Fuel: Natural Gas
  • Heating System: Hot Water
  • Lot Size: 0.06 Acres
  • Roof Type: Unknown
  • Rooms: Bedroom, Full Bath, Half Bath

MAP & DIRECTIONS

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16-83 Woodbine Street, Ridgewood, NY 11385
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School Information

16-83 Woodbine Street, Ridgewood, NY 11385

Elementary School
Grades KG-5 | Public School
P.S. 239 QUEENS
Ridgewood, NY 11385
1715 Weirfield St
718.­417.2840
Distance: 0.3 mi
School Rating
C+
Student:Teacher Ratio
14:1
Total Students
474
Middle School
Grades 6-8 | Public School
I.S. 77 SCHOOL
Ridgewood, NY 11385
976 Seneca Ave
718.­366.7120
Distance: 0.4 mi
School Rating
B-
Student:Teacher Ratio
12:1
Total Students
779
High School
N/A
Other Nearby Schools Distance Type Grades School Rating
St Brigid School 0.2 mi Private PK-8
Robert E Peary School 0.2 mi Public PK-9
P.s. 81 Jean Paul Richter School 0.3 mi Public PK-5 C-
St Matthias Catholic Academy 0.3 mi Private PK-8
Brooklyn School For Social Justice (the) 0.3 mi Public 9-12 D-
Academy For Excellence In Leadership 0.3 mi Public 9-12 D
Academy Of Urban Planning And Engineering (the) 0.3 mi Public 9-12 C+
Brooklyn School For Math And Research (the) 0.3 mi Public 9-12 C+
All City Leadership Secondary School 0.3 mi Public 6-12 A
I.s. 93 Ridgewood 0.4 mi Public 6-8 B-
P.s. 116 Elizabeth L. Farrell School 0.5 mi Public KG-5 C-
P.s. 86 The Irvington School 0.5 mi Public KG-5 B+
Learners And Leaders 0.5 mi Public PK-5 B+
Bushwick Ascend Charter School 0.5 mi Public KG-8 A-
Math Engineering And Science Academy Charter High School 0.5 mi Public 9-12 B-
Bushwick Community High School 0.5 mi Public 9-12 F
J.h.s. 291 Roland Hayes 0.5 mi Public 6-8 B-
P.s. 151 Lyndon B. Johnson School 0.5 mi Public PK-5 B-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Ridgewood, NY 11385

Median Age: 36.9
Married: 45%
Number of Households: 35,341
Households with Children: 31.7%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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