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New

$1,000,000

6 days on market

1665 Palmetto Street

Ridgewood, NY 11385

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

—

Square feet

1930

Built

Listing narrative

Description

6 Family Rent Stabilized 9.3% CAP Rate Actual Rent Roll, Legal Rents allow for $1k+ more monthly rent 1L $2,397.12 1R $2,050.00 2L $1,764.20 2R $2,253.77 3L $1,257.61 3R $2,096.27 Monthly Total $11,818.97 Annual $141,828 ANNUAL EXPENSES Real Estate Taxes $17,510 Electricity $973 Insurance $8,390 Water / Sewer $7,995 Heating $7,413 Repairs & Maintenance $5,000 Vacancy $4,255 Total Annual $51,536 Buyers must show proof of funds to tour.

Listing agent (MLS): John P. Bachas · Listing brokerage (MLS): Amorelli Realty LLC

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,000,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Multi Family

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

2,740 sqft

Year

1930

Status

New

Days on Market

6

· 8% down, 7% APR, 30yr fixed
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Courtesy of Amorelli Realty LLC