SoldJan 24, 2024

Listed and Bought with Joe Zhu from RE/MAX Edge

55 Metropolitan Avenue, New York, NY, 11385

$990,000

4
2
2000 sq.
1600 sq.

Apartment

•

1 day on the market

Sold: Jan 24, 2024

What's around 55 Metropolitan Avenue

mixed use in ridgewood

Rare chance to own a major income producing mixed-use property in the prime Metropolitan Ave, Ridgewood.High Proj. Cap Rate! This property consists of one prime commercial store on the ground floor with full finish basement and two excellent condition 2 bedrooms residential units above.Fully renovated few years ago from top to bottom with new electric, new plumbing etc. 3 separate gas boiler and water heater.tenants pay for own utilities. building size is 20Ă—55 and lot size is a 20Ă—80., zoning r6b-C2-4. FAR 2.you could potentially build another 992 square feet. This solid property boasts incredible potential for the new owner to collect an increasingly appreciating rental income. low property tax $5,913.house can be delivered vacant,teannt in place that can stay as well,great for 1031 exchange, investment, or owner use.A truly must see to believe and appreciate property.

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