16-92 Grove Street
$1,980,000
6
3
3,980
3,980
$497
Description
Welcome to a prime investment opportunity in Ridgewood! This property features two residential units and a commercial storefront housing a laundromat, generating a total monthly income of $9,500. Each residential unit offers three bedrooms and one bathroom, with the added convenience of two car garages. Spacious building size 20X62 with low property taxes of just $6,414 per year and tenants responsible for all utilities, the return on investment stands at an impressive 5.6%. Situated in a highly...Welcome to a prime investment opportunity in Ridgewood! This property features two residential units and a commercial storefront housing a laundromat, generating a total monthly income of $9,500. Each residential unit offers three bedrooms and one bathroom, with the added convenience of two car garages. Spacious building size 20X62 with low property taxes of just $6,414 per year and tenants responsible for all utilities, the return on investment stands at an impressive 5.6%. Situated in a highly accessible location with easy transportation access, this property presents a rare chance for investors to secure steady returns in a thriving area. Don't miss out on this great opportunity!
- Listed by Fei Guo • Skylux Realty IncP: (718)-500-2231 C: (516)-587-9113 fei@skyluxny.com
- Listed by Anna Huang • Skylux Realty IncP: (718)-500-2231 C: (516)-587-9113 feihouma@gmail.com
Property Details for 16-92 Grove Street
Township
Queens
Architectural StyleTwo Story
Community FeaturesPark,Near Public Transportation
Garage Spaces2.00
Section AreaCypress Ave
Offer PresentationCannot be Present
LISTING UPDATED: 10/02/2024 12:12 AM
Property Details for 16-92 Grove Street
Status | Active |
---|---|
MLS ID | 3582428 |
Days on Market | 51 |
Taxes | $6,426 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 10.0 |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 1915 |
Lot Size | 2,000 SF |
County | Queens County |
Building Information for 16-92 Grove Street
Stories-Residences2Year Built1915Building Size-Lot Size2,000 SFBuilding Age-Building Type-
Property Information for 16-92 Grove Street
Property History for 16-92 Grove Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 16-92 Grove Street
This home is within New York City Geographic District #24.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
P.S. 81 Jean Paul Richter PublicPK to 5 | ||
Joseph F Quinn Intermediate School 77 Public6 to 8 | ||
Maspeth High School Public9 to 12 | ||
Learners And Leaders PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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