Buy with Yoreevo
$1,374,517
List Price: $1,399,000
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862 Woodward Avenue
House in Ridgewood •  building info
studio • 2,742ft² $510 per ft²
Buy with Yoreevo

$1,374,517

List Price

$1,399,000

Key Details
Days on market
38
Last price change
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Estimated payment
$9,390/mo
Taxes
$1,638/mo
Maintenance
N/A
Description
Extra-wide solid brick 6 family in prime Ridgewood, 1st time on market in decades, turn key property. Well-maintained, railroad style, high-ceiling basement, 7 gas meters and 7 electric meters. Three 3-bedroom apartments and three 2-bedroom apartments. New roof replaced in 2022, new skylight, basement front entrance door, and new boiler in 2023. Close to 5,800 square feet of interior space, building size is 27.5x70, lot size is 27.5x100. Property tax is $19,650. Close to $130,000 gross income and $90,000 NOI, generating 6.4% cap rate at asking price. Excellent location, close to all. Priced to sell. DHCR available upon request.

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Building amenities
Services and facilities
Fios Available
Parking Available
Building info

History
What it'll cost
Purchase price
$1,399,000
Asking Price: $1,399,000
Term
30 Years
Down Payment
$139,000 (10%)
Min: 10% (139,000)
Rate
6.25 %
Mortgage Amount
$1,259,100
Mortgage Payment
$7,752
Taxes
$1,638
Estimated Yoreevo rebate
$24,483
Estimated closing cost
$51,000
Total monthly cost $9,390
Buy your dream home with us and get an estimated $24,483 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of RE/MAX Edge

Information ©2025, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.