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$1,050,000
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Property Description
Rare opportunity to own an oversized legal 8 family brick building in the heart of Ridgewood. 9200 SF of interior square footage. 8 Huge 2 bedroom apartments with high ceilings. New boiler and hot water. There are 6 current leases and 2 available units offering great upside potential. Gross annual income for currently occupied 6 Units: $97,933 & Total annual Expenses: $61,000. Current Net Income: $36,933. Apt. Number 1L is vacant, market rate, with projected income $3000/ month. This ground floor unit has access to rear patio & garden. Apartment 2L, $700/month no lease. Projected net income with 8 units rented, $81,333. DHCR available upon request., Additional information: Rental Income:N,vac_perc:12, Building Size:9200
Full Property Details
Full Property Details for 61-19 Woodbine St
General
- Sold For: $1,050,000
- Taxes: $28,000
- Status: Closed
- Type: Commercial
- Source: Long_Island
- MLS ID: L3554117
- Added to Site: 680 day(s) ago
Location
- County: Queens
- Cross Streets: Fresh Pond Rd.
- Driving Directions: see waze
Heating & Cooling
- Heating Type: Natural Gas
Structural Information
- Detached/Attached: Detached
- Stories/Levels: 4
- Stories in Building: 4
- Building Size: 9200
- Sq. Ft. Source: Public Records
- Year Built: 1930
Lot Features
- Lot Size (Sq. Ft.): 3,600
- Lot Dimensions: 36 x 100
- Frontage Feet: 36
- Zoning: R6B
Financial Considerations
- Tax Amount: $28,000
Disclosures and Reports
- Property ID: 03613-0049
- Block: 3613
- Lot Number: 49
Listed by Prime Realty
Sold by Prime Realty
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Schools
Schools serving 61-19 Woodbine St
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Ps 71 Forest 62-85 Forest Ave, Queens, NY 11385 | PK-6 | 0.5 mi |
Is 93 Ridgewood 66-56 Forest Ave, Queens, NY 11385 | 6-8 | 0.4 mi |
Grover Cleveland H.S. 21-27 Himrod St, Queens, NY 11385 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 61-19 Woodbine St
Date
Details
Price
Change
Source
3/06/2025
Sold
$1,050,000
-19.17%
MLS
8/30/2024
Price Reduced
$1,299,000
-10.41%
MLS
8/06/2024
Price Reduced
$1,450,000
-9.32%
MLS
6/28/2024
Price Reduced
$1,599,000
-11.17%
MLS
5/24/2024
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
61-19 Woodbine Street, Ridgewood, NY 11385 (MLS# L3554117) is a Commercial property that was sold at $1,050,000 on March 06, 2025. Want to learn more about 61-19 Woodbine Street? Do you have questions about finding other Commercial real estate for sale in Ridgewood? You can browse all Ridgewood real estate or contact a Coldwell Banker agent to request more information.

