1&5 Ridgewood Place Bushwick NY, 11237
$3,375,000
ML# 3509869
Property Picture

Remarkably Low Taxes: $126.40 for the 2022/2023 tax year at 1 Ridgewood Place $232.96 for 2022/2023 tax year at 5 Ridgewood Place. Finished Basement: With a separate entrance, enhancing the property’s appeal. Renovated Apartments: 70% of the apartments have been renovated, leading to reduced real estate taxes. Zoning: R6, C2-3 zoning, enabling a variety of residential and commercial uses. Location Highlights: Bushwick: A vibrant neighborhood known for its street art, local shops, and diverse cuisine. Proximity: Close to major transportation and 3 shopping centers within a 2.4-mile radius. Exceptional Investment Opportunity: 12 Rent-Stabilized Units in Ideal Combination. Seize this opportunity to invest in the thriving Brooklyn real estate market. High rental income and long-term appreciation potential await. Act now and be part of this exciting venture!

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    Colony Realty Licensed Real Estate Salesperson (631)722-5800 (631)722-5800 broker@colonyrlty.com