JoinServicesInsightsPeopleAbout Us
USANYNew York1105 Crypress
View of commercial location | Image 1
Link Copied
$1,600,000

1105 Crypress, New York, NY

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage No
Taxes $7,082
Days Active 1
Lot Size 
Approx. Age 1930
MLS® Number 880906

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This property in Ridgewood is a remarkable investment opportunity! Here’s a streamlined summary of the key features: Location: Prime Ridgewood area, vibrant and bustling, ideal for both commercial and residential use. Property Overview: First Floor: Pharmacy, providing a steady income stream. Second Floor: Newly renovated three-bedroom, one-bathroom unit, currently vacant and ready for new tenants. Third Floor: Three-bedroom, one-bathroom unit (excellent tenant), ensuring consistent rental income. Basement: Separate entrance with flexible usage, currently vacant. Utilities: The property has 3 electricity meters and 3 gas meters, along with a new boiler and new roof, minimizing future maintenance costs. Income Potential: Overall rental income can reach up to $120, 000 annually, translating to approximately $10, 000/month. Return on Investment: Impressive annual return rate of over 7%. Transportation: Convenient access with Bus B20 and a subway station just a 6-minute walk away, providing direct connections to Manhattan and Brooklyn. Nearby Amenities: Close proximity to supermarkets, banks, restaurants, and other shopping conveniences. This combination of commercial viability and residential appeal, along with its strategic location, makes this property a strong candidate for investment.Show Description
MLS® Number880906
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1930
BasementBilco Door(s), Full
Driveway
Garage Spaces
HeatBaseboard
A/CAir Purification System
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing