Buy with Yoreevo
$1,988,020
List Price: $1,998,000
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16-92 Grove Street
Apartment in Ridgewood •  building info
6bd • 2ba • 2,000ft² $999 per ft²
Buy with Yoreevo

$1,988,020

List Price

$1,998,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
53
Last price change
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Estimated payment
$11,366
Monthly taxes
N/A
Monthly maintenance
N/A
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 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!

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Building Amenities
Parking Available
History
What it'll cost
Purchase price
$1,998,000
Asking Price: $1,998,000
Term
30 Years
Down Payment
$199,000 (10%)
Min: 10% (199,000)
Rate
6.5 %
Mortgage Amount
$1,798,200
Mortgage Payment
$11,366
Estimated Yoreevo rebate
$9,980
Estimated closing cost
$27,000
Total monthly cost $11,366
Buy your dream home with us and get an estimated
$9,980 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Skylux Realty Inc

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