603 Woodward Avenue, Ridgewood, NY

$1,999,000

Previous Next

5,175

Square feet

About 603 Woodward Avenue

This mixed-use property in Ridgewood is an exceptional investment opportunity with strong income potential. Here’s a refined overview: 11 Residential Units- The property includes 11 residential units, providing a reliable tenant base and steady rental income. 6 units are one bedroom and units are one studios. Storefront: The street-level retail space is located in a high-traffic area, offering great visibility and attracting consistent foot traffic. Gross Annual Income: The property generates a gross annual income of $185,000, indicating strong returns. Prime Location: Nestled in a vibrant, sought-after neighborhood, the property is conveniently located near shops, restaurants, and major transportation options, enhancing both residential and commercial appeal. Upgrades: The property features a new roof and furnace, which reduces the need for immediate maintenance and ensures long-term stability.

Features of 603 Woodward Avenue

MLS® # 807415
Price $1,999,000
Bathrooms 0.00
Internal Footage 5,175
Acres 0.00
Year Built 1915
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 603 Woodward Avenue
City Ridgewood
County Queens
State NY
Zip Code 11385

Amenities

Utilities Electricity Available, Natural Gas Available
Is Waterfront No
Has Pool No

Interior

Heating Hot Water
Cooling None
Fireplace No
# of Stories 3
Has Basement Yes
Basement Full

Exterior

Construction Brick

Additional Information

Date Listed December 21st, 2024
Days on Market 300
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofKeller Williams Landmark II
Contact Info347-846-1200

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?