$1,350,000

482 Ridgewood Avenue, Brooklyn, NY 11208

  • 4,590 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon2,727sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $294/sqft
  • Property List Date Icon Listed 1 day ago

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

Listing Status:
Active
Listing Office:
Douglas Elliman Real Estate : 516-669-3700
MLS ID:
906253
  • Appliances: Electric OvenENERGY STAR Qualified AppliancesGas CooktopGas Oven
  • Basement: CommonFinishedFull
  • Flooring: Hardwood
  • A/C: None
  • Heating: Natural Gas

This listing courtesy of Douglas Elliman Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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