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    Property profile & analytics
    OFF-MARKET Estimated value $675,000
    Investment properties

    2 Maple S Ave, Woodridge, NY 12789

    5,001 SF 0.3 ac lot Built 1950
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US63-2105298
    Property summary
    AI-generated overview

    This exceptional 7,409 square foot property located at 2 Maple Ave S, Woodridge, NY, presents a lucrative investment opportunity for discerning buyers. Situated on a 0.3-acre lot, this mixed-use property boasts approved plans for the immediate development of ten luxury units, making it a truly shovel-ready project. Detailed floor plans are readily available for review, showcasing the thoughtfully designed layout of these upscale residential units. The existing approvals streamline the development process, significantly reducing time and potential hurdles. Beyond the immediate ten-unit development, preliminary plans are also in place for an additional twenty units, expanding the potential rental income and overall return on investment. This presents a unique opportunity to create a substantial multifamily complex in a desirable location. The asking price of $1,350,000 reflects the significant value and potential inherent in this property. The approved plans, combined with the potential for future expansion, position this property as a prime investment for those seeking immediate returns and long-term growth in the Woodridge, NY market. Don't miss this chance to acquire a truly exceptional multifamily development opportunity. All necessary documentation, including approved plans and preliminary plans for the additional units, is available upon request.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1950
    Total area 5,001 SF
    Lot 0.3 ac (13,008 SF)
    Zoning code B
    APN 482801 106.-2-9
    UPID US63-2105298
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $675k
    CAP Approach CAP
    $660k
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $675k
    Owner & transaction history
    2 Maple Realty LLC · 2 yrs held
    2 Maple Realty LLC
    since 2024
    Last sale
    $675,000
    3 recorded transactions
    2024
    $675,000
    2015
    $280,000
    2004
    $150,000
    Zoning & alternative use
    B · Woodridge, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $505,000 +27.4%
    Auto repair, garage $445,000 +12.6%
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