863 Woodward Avenue

$1,675,000
Price
8
Beds
4
Baths
3,400 Sq. Ft.
$493 / Sq. Ft.
3,400
Sq. Ft.
$493
per Sq. Ft.

Description

863 Woodward Avenue is a 4-unit, turnkey investment property located on the border of the Central Ridgewood Historic District.
The building has been renovated and meticulously maintained. It features a shared backyard with direct access from the first-floor apartments, as well as a laundry room and storage lockers in the basement.
The building measures 25.5' x 67', totaling approximately 3,400 square feet. The roof, mechanicals, windows, and facades are all in excellent condition. Additionally, each
...863 Woodward Avenue is a 4-unit, turnkey investment property located on the border of the Central Ridgewood Historic District.

The building has been renovated and meticulously maintained. It features a shared backyard with direct access from the first-floor apartments, as well as a laundry room and storage lockers in the basement.

The building measures 25.5' x 67', totaling approximately 3,400 square feet. The roof, mechanicals, windows, and facades are all in excellent condition. Additionally, each unit is individually metered for electricity and cooking gas. This is an ideal opportunity for a 1031 exchange or a savvy end user to offset their mortgage.

Investment highlights:
-4 tastefully renovated two-bed free market apartments
- Tax class 2A, limiting property tax increases
-Located on tree-lined residential block
-Just 2 blocks to the Forest M train stop, or 0.5 miles to the L train at Myrtle/Wyckoff
-Surrounded by popular venues and restaurants such as TV Eye, Cozy Corner, Rolo's, and many more

*For the complete property setup and financials, please contact the listing broker directly.

Listing Agent

  1. Jeff Valcourt

    Jeff Valcourt

    Listing Agent

    Compass

Amenities

  • Private Yard
  • Hardwood Floors
  • Walk Up
  • Dishwasher
  • Stainless Steel Appliances
  • Gas Oven
  • Total Renovation
  • Renovated Kitchen and Bath

Location

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LISTING UPDATED: 04/17/2024 02:48 PM

Property Details for 863 Woodward Avenue

StatusContract Signed
MLS IDH6291348
Days on Market52
Taxes$883 / month
Maintenance-
Min. Down Pymt-
Total Rooms24.0
Compass TypeTownhouse
MLS TypeMulti Family
Year Built1930
Lot Size2,550 SF / 26' x 100'
CountyQueens County

Building

863 Woodward Ave

4 Units2 StoriesBuilt in 1930

Location

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Virtual Tour

Building Information for 863 Woodward Avenue

Stories2Residences4Year Built1930Building Size25.5' x 67'Building Sq. Ft3,417 SFLot Size2,550 SF / 26' x 100'Building Age-Building Type-

Payment Calculator

$10,024 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,141

Property Taxes

$883

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 863 Woodward 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 863 Woodward Avenue

Taxable ValueLand$31,950Additions$205,650Total$237,600
Home Facts
Total Finished SqFt3,400 SqFtLot Size2,550 SqFtYear Built1930ZoningR6BAPN4034830032

Schools near 863 Woodward Avenue

This home is within New York City Geographic District #24.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
P.S. 88 Seneca
PublicPK to 5

Is 77
Public6 to 8

Maspeth High School
Public9 to 12

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.

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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.

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.