**9 FAMILY WITH 2 VACANT UNITS** BRICK** **BRING YOUR BUYERS!** **MATTERPORT TOUR PROVIDED UPON REQUEST**
**Located in a Historically Significant Building composed of 3 large properties, 677 Grandview Ave sits in its Center. Beautiful architecture as well as close proximity to multiple means of travel make this property desirable to both renters as well as investors.**
-1st Floor: (4) Studio/One Bedroom Apts -2nd Floor: (2) Two/ Flex Three Bedroom Apts -3rd Floor: (2) One Bedroom Apts and (1) Two/ Flex Three Bedroom Apt -Full Basement
SHORT WALK TO THE FOREST AVE M-LINE AND MYRTLE WYCKOFF M/L-LINE! THIS IS A FULLY FUNCTIONAL…TURN KEY…INCOME PRODUCER IN RIDGEWOOD, QUEENS
Renters LOVE: - Only a 5 Minute walk to the Forest Ave M-Line Subway. - The walkability of a neighborhood that is fully equipped with what you need just a corner away. - Restaurants, Bars, and Everything In Between. - A Pet-Friendly neighborhood that has been experiencing a wave of Brooklyn Renters looking for a place to call home. *Local Brooklyn Renters have been getting increasingly frustrated with high Brooklyn Rents flooding Ridgewood with a growing art scene and cultured ideas.*
Investors LOVE: - This is an Excellent Rent Roll Opportunity to own a middle property in the Iconic "Matthews Model Flats", the apartment houses that served as Ridgewood's Foundation. Groceries, Delis, Pharmacies, Dining, Bars, Hair and Nails…if your renter needs it…they will find it! -What Makes this Renters Haven Heavenly is the Commutability: -WALKING DISTANCE TO THE SUBWAY: Forest Avenue M-Line is only 5 Minutes Away and Myrtle Wyckoff M/L Line is only 15 Minutes away -WALKING DISTANCE TO THE BUSES: B13, B20, Q39, Q58, - This is a 9 Unit Building and 2 units will be delivered VACANT -This is a Rent Stabilized Building, all Renters are On-Time
- LOCATION, LOCATION, LOCATION!
Other Important Details: -Built in 1914/ Landmarked -Building is R6-B Zoning -Building Size: 34X65 -Lot Size: 34X65.75 -Taxes: $29,916.76 Annually -15 Beds/ 9 Baths 2,210 sqft per floor. Total Building is about 8,840 sqft
Buyers must perform own due diligence. All info deemed accurate but not reliable.
Assessed Value is a combination of the land and additions.
2024
$29,922
(+7.99%)
$428,850
Land 8,550 +
Additions 420,300
2023
$27,709
(+10.05%)
$221,636
Land 4,658 +
Additions 216,978
2022
$25,179
(+7.99%)
$420,750
Land 8,550 +
Additions 412,200
2021
$23,315
(-1.64%)
$365,400
Land 8,550 +
Additions 356,850
2020
$23,704
(+2.09%)
$400,500
Land 8,550 +
Additions 391,950
2019
$23,219
(+15.62%)
$400,500
Land 8,550 +
Additions 391,950
2017
$20,082
$170,489
Land 4,976 +
Additions 165,513
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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