576 Ridgewood Avenue,Brooklyn, NY 11208
Brooklyn, NY 11208
Description
Welcome to this completely updated 4-Unit Mixed-Use building offering a rare combination of immaculate condition and strong income potential. This 4-unit property consist of one (1) Three-Bedroom Apartment, and two (2) One-Bedroom apartments, one (1) ground-floor retail store, and three (3) attached garage spaces. Each unit is individually metered with its own electric meter and boiler, giving the new owner the flexibility to pass heat and electric costs on to tenants and significantly reduce operating expenses. All three apartments feature brand-new wall-hung Navien tankless water heaters for efficient, on-demand hot water. Major safety and infrastructure upgrades include a full building-wide sprinkler system, plus a new steel staircase running from the ground floor to the third floor. The brand new gas meters and electric smart meters have just been installed, and the building's gas lines passed a full NYC Buildings Department inspection this year. New security gates have also been added throughout the property, including all three garages. Please note, some images have been A.I modified for clarity. Located near major shopping centers and transit lines. This building is ready to start making YOU money!
Details
| MLS # | 1019334 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 76 |
| Listing Provided By | East Point Realty LLC | Daylan Bisram |
Features
| SQ Feet | 3,420 |
|---|---|
| Basement | Y |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | R5 |
| Acreage | 0.04 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Parking Features | Garage |
|---|
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 278100 |
| Tax Annual Amount | 6265.64 |
Area Information
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11208 |
| School District | Highland Park Community School |
| Elementary School | Ps 89 Cypress Hills |
| High School | Highland Park Community School |
| Listing VS Median (in 11208) | |
Price: $1,900,000 low | high Med: $890,000 sqft: 3,420 low | high Med: 1,660 $ / sqft: $556 low | high Med: $590 On site: 76 low | high Med: 343.5 | |
Market Activity 11208
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Learn More About This Property
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11208 |
| School District | Highland Park Community School |
| Elementary School | Ps 89 Cypress Hills |
| High School | Highland Park Community School |
| Listing VS Median (in 11208) | |
Price: $1,900,000 low | high Med: $890,000 sqft: 3,420 low | high Med: 1,660 $ / sqft: $556 low | high Med: $590 On site: 76 low | high Med: 343.5 | |
