681 Woodward Ave Flushing, NY 11385-2488

Property Details for 681 Woodward Ave

Year built

2006

Lot size

0.06 lot acres

Property size

6,833 SF

Zone code

R6B

Property type

Apartment buildings

APN

03478-0008

APU

34780008

Description

This exceptional 7-unit multifamily property, located at 681 Woodward Avenue in the heart of Ridgewood, New York, presents a lucrative investment opportunity for both owner-users and investors. The building boasts a total of 6,833 square feet and sits on a 0.06-acre lot, offering substantial space and potential. The property is currently configured with seven units, including a spacious two-bedroom owner's unit. This owner's unit features a unique duplex design, incorporating a lower-level studio ideal for use as a home office, guest room, or additional living area. The upper level comprises two bright and airy bedrooms, providing ample space for relaxation and rest. A key highlight is the expansive, paved private backyard, perfect for outdoor entertaining or relaxation. The building's prime location offers easy access to a variety of local amenities, including shops, cafes, and public transportation. Convenience is further enhanced by an on-site laundry room for residents. The building itself is in excellent condition, with dimensions of 25 feet by 65 feet, and is priced at $2,799,000. This property represents a rare opportunity to acquire a well-maintained, high-income-generating multifamily building in a highly desirable location. The strong rental income potential, combined with the desirable features and location, makes this an attractive investment prospect.

Location Insight

City

Flushing

County

Queens

State

New York

Longitude

-73.9058

Latitude

40.7053

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments