576 Ridgewood Avenue

East New York

$2,300,000
Price
5
Beds
3
Baths
1
1/2 Bath
3,449 Sq. Ft.
$667 / Sq. Ft.
3,449
Sq. Ft.
$667
per Sq. Ft.

Description

Turn-Key Mixed-Use Property in this upcoming neighborhood of Cypress Hill, Brooklyn. This property consists in a store front of about 600 SQFT on the first floor, 3-bedroom apartment on the second floor and 2-1-bedroom apartments on the third floor. This property also includes 3 car attached garages and a full basement. Latest capital improvements are new roof, sprinkler system, new electrical wiring, and new plumbing through out the building, each apartment has its own Navien tankless water heater-wall...Turn-Key Mixed-Use Property in this upcoming neighborhood of Cypress Hill, Brooklyn. This property consists in a store front of about 600 SQFT on the first floor, 3-bedroom apartment on the second floor and 2-1-bedroom apartments on the third floor. This property also includes 3 car attached garages and a full basement. Latest capital improvements are new roof, sprinkler system, new electrical wiring, and new plumbing through out the building, each apartment has its own Navien tankless water heater-wall mounted and new heating radiator. Pro-Forma NOI $137,000, CAP 6%
  1. Listed by James Y Chung • Keller Williams Rlty Landmark
    P: 718-475-2700 C: 718-475-2838 james_chung@kw.com

Property Details for 576 Ridgewood Avenue

Township
Brooklyn
Architectural Style
Store+Dwell
Zoning Description
R5
Community Features
Park,Near Public Transportation
Garage Spaces
3.00
Section Area
Grant Ave
Offer Presentation
Cannot be Present

Location

Listing Courtesy of Keller Williams Rlty Landmark
Add your commute
LISTING UPDATED: 04/16/2024 09:35 PM

Property Details for 576 Ridgewood Avenue

StatusActive
MLS ID3540333
Days on Market33
Taxes$5,750 / year
Maintenance-
Min. Down Pymt-
Total Rooms12.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1920
Lot Size1,640 SF / 20' x 81'
CountyKings County

Building

576 Ridgewood Ave

4 Units3 StoriesBuilt in 1920

Location

Listing Courtesy of Keller Williams Rlty Landmark
Add your commute

Building Information for 576 Ridgewood Avenue

Stories3Residences4Year Built1920Building Size20.17' x 57'Building Sq. Ft3,449.07 SFLot Size1,640 SF / 20' x 81'Building Age-Building Type-

Payment Calculator

$13,031 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,552

Property Taxes

$479

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 576 Ridgewood Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 13
  • Directions: Refer to Google Maps
  • Tax Block: 4136
  • Tax Lot: 23
  • Year Built Effective: 2019
  • Property Attached: No
  • Structure Type: false
  • Levels: Three Or More
  • Property Condition: good
  • New Construction YN: No
  • Flood Zone Report: 0
  • Square Footage Source: Municipality
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Brooklyn 19
  • Elementary School District: Brooklyn 19
  • Elementary School: Ps 7 Abraham Lincoln
  • Middle Or Junior School District: Brooklyn 19
  • Middle Or Junior School: Is 171 Abraham Lincoln
  • High School District: Brooklyn 19
  • High School: High School For Civil Rights
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 4
Room Information
Room 1 Information
  • Room Level: Third
  • Room Type: Additional
  • RoomDescription 1: 2-1-Bedroom Apartments
Room 2 Information
  • Room Level: Second
  • Room Type: Additional
  • Room Description: 1-3 Bedroom Apartment
Room 3 Information
  • Room Level: First
  • Room Type: Additional
  • Room Description: Store Front, 600 SQFT
Room 4 Information
  • Room Level: Basement
  • Room Type: Additional
  • Room Description: Utility, storage
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 04136-0023
  • Tax Map Number: 04136-0023
  • Tenant Pays: Cooking Gas,Electricity,Heat
Income & Expenses Information
Income & Expenses Information
  • Fuel Expense: $1,000.00
  • Other Expense: $7,000.00
Interior and Exterior Features
Interior Features
  • Amenities: Near Public Transportation, Park, Public, Store+Dwell
  • Number Of Kitchens: 4.0
  • Total Rooms: 12
  • Living Area: 3449.0
  • Living Area Units: Square Feet
  • Basement: Full, Unfinished
  • Fireplaces Total: 0
  • Location Amenities: Near Public Transportation
  • Common Walls: No Common Walls
Exterior Features
  • Exterior Property Features: Attached, 3 Car Attached, Park, Near Public Transportation, Corner Lot, Near Public Transit
  • Elevation Certificate: No
  • Construction Materials: Brick
Lot Information
  • Lot Features: Corner Lot,Near Public Transit
  • Lot Size Dimensions: 20.17x81.33
  • Site Features: Park, Near Public Transportation, Corner Lot, Near Public Transit
  • Building Size: 20.17 x 57
  • Building Area Units: Square Feet
Parking
  • Parking Features: Attached, 3 Car Attached
  • Attached Garage: Yes
  • Garage: Yes
Utilities
  • Cooling: Yes
  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Hot Water
  • Heat Fuel Type: Natural Gas, Hot Water
  • Number Of Heating Zones: 4
  • Hot Water: Gas Stand Alone
  • Number Of Separate Gas Meters: 4
  • Sewer: Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 5
Green Features
  • Green Features: Natural Gas, Hot Water

Property History for 576 Ridgewood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 576 Ridgewood Avenue

Taxable ValueLand$36,900Additions$179,100Total$216,000
Home Facts
Total Finished SqFt3,420 SqFtLot Size1,639 SqFtYear Built1920ZoningR5APN3041360023

Schools near 576 Ridgewood Avenue

This home is within Nyc Geog District #19 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 7 Abraham Lincoln
PublicPK to 5

Is 171 Abraham Lincoln
Public6 to 8

Brooklyn Lab School
Public9 to 12

HIGHLAND PARK COMMUNITY SCHOOL
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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576 Ridgewood Avenue is a multi-family home for sale in East New York. This property was listed for sale on March 26, 2024 by Keller Williams Rlty Landmark, it's currently listed at $2,300,000. This listing's school district is Nyc Geog District #19 - Brooklyn. Nearby schools include P.S. 7 Abraham Lincoln, Is 171 Abraham Lincoln and Brooklyn Lab School. 576 Ridgewood Avenue is a 5-bed, 3.5-bath, 3,449 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Rlty Landmark

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.