Buy with Yoreevo
$1,277,250
List Price: $1,300,000
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482 Ridgewood Avenue
House in East New York •  building info
studio • 2,725ft² $477 per ft²
Buy with Yoreevo

$1,277,250

List Price

$1,300,000

Key Details
Days on market
113
Last price change
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Estimated payment
$8,691/mo
Taxes
$1,487/mo
Maintenance
N/A
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

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Home features
Hardwood floors
Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,300,000
Asking Price: $1,300,000
Term
30 Years
Down Payment
$130,000 (10%)
Min: 10% (130,000)
Rate
6.25 %
Mortgage Amount
$1,170,000
Mortgage Payment
$7,204
Taxes
$1,487
Estimated Yoreevo rebate
$22,750
Estimated closing cost
$48,000
Total monthly cost $8,691
Buy your dream home with us and get an estimated $22,750 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Douglas Elliman

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