This Four-family Home In Ridgewood Is Located On A Quiet, Tree-lined Street And Features Four Comparably Sized Two-bedroom, One-bathroom Apartments. Three Of The Units Are Vacant, And 1r Is Occupied, With The Tenant Currently Paying $1,250 But The Tenant Agrees To Pay Market Rent At $2,500. The Ground Floor Units Have The Potential To Be Duplexed With A Backyard. Once Renovated, This Property Will Boast A 8.6% Cap Rate With A Projected Gross Annual Income Of $139,200, Making It An Attractive Investment Deal In One Of New York City’s Most Popular Neighborhoods.
