1665 Palmetto Street, Ridgewood, NY 11385

$1,000,000

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List Price
$1,000,000
Days on Market
1
MLS#
1062579
Number Of Families
6
Status
ACTIVE
Lot Size
2742

Property 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.

Additional Information

Year Built
1930
School District
Contact Agent
Total Taxes
13132
Heating
Hot Water
Parking
On Street
Basement
Full
Water
Public
Sewer
Public Sewer
Taxes
$13,132

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: John P. Bachas (ybachas@amorellirealty.com) from Listing Office: Amorelli Realty LLC.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.