Brooklyn, NY 11208,482 Ridgewood AVE
$1,350,000
Est. payment /mo
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2,726 Sqft Lot
New

482 Ridgewood AVE Brooklyn, NY 11208

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EXIT Realty Island Elite

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 906253

Rental Info No

Year Built 1915

Annual Tax Amount $17,844

Lot Size 2,726 Sqft

Acres 0.0626

Property Sub-Type Multi Family

Source onekey2

Property Description

Introducing a solid, all-brick six-family investment property located in the vibrant East New York neighborhood of Brooklyn. This income-producing corner property offers an excellent opportunity for investors seeking strong returns and long-term value.
The building consists of six (1-bedroom) apartments, each well-proportioned and maintaining consistent rental demand. Additional highlights include a finished basement for versatile use and a private 4-car garage, providing rare convenience and enhancing the property's overall value. Ideally situated on the corner of Ridgewood Avenue, the property enjoys close proximity to major transportation options, including the J & Z subway lines as well as B13 and B26 bus routes, ensuring easy commutes throughout Brooklyn and beyond. The neighborhood is bustling with amenities such as shopping centers, restaurants, and grocery stores, while recreational and educational needs are met by Highland Park and Community School District 19.
This property presents a remarkable turnkey investment in a strong rental market with immediate income potential and continued growth opportunities

Location

State NY

County Kings (brooklyn)

Rooms

Basement Common, Finished, Full

Interior

Heating Natural Gas

Cooling None

Flooring Hardwood

Fireplace No

Appliance Electric Oven, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Oven

Exterior

Parking Features Attached

Fence Fenced

Utilities Available Trash Collection Public, Water Connected

View City

Total Parking Spaces 4

Building

Story 3

Foundation Block, Stone

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Ps 159 Isaac Pitkin

High Schools Contact Agent

School District Contact Agent

Others

Special Listing Condition None


Listed by Douglas Elliman Real Estate • Devaykanan Rishudeo

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EXIT Realty Island Elite

Broker | License ID: 10491208909

+1(631) 331-4000

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482 Ridgewood AVE