About 1708 Linden
Discover this fully brick, income producing 6-unit property with a basement - utility room, storage space, and backyard, located in an Opportunity Zone with R6B zoning, an excellent investment prospect. Five of the six units are currently occupied, while one recently renovated unit is available for showings. Common areas and staircases have been recently upgraded. Each floor hosts two apartments, each featuring two bedrooms, an additional office space, and one bathroom. All six units are rent-stabilized. Gross Income: $104,496, expenses: $31,000 and Net Operating Income (NOI): $73,496 Tenants are responsible for their own cooking gas and electricity. The property is conveniently located near the M Train and B13 & B38 bus lines, ensuring easy accessibility. For details on rent roll, cap rate, and additional financial information, please contact us.
Features of 1708 Linden
| MLS® # | 490071 |
|---|---|
| Price | $1,095,000 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 5,610 |
| Year Built | 1930 |
| Type | Multi-Family |
| Sub-Type | Multi-Family |
| Status | Active |
Community Information
| Address | 1708 Linden |
|---|---|
| Area | Ridgewood |
| City | Ridgewood |
| County | Queens |
| State | New York |
| Zip Code | 11385 |
Amenities
| Amenities | Secure Lobby, Storage rooms |
|---|---|
| Features | A/C Unit - Window |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Granite, Hardwood, Concrete |
|---|---|
| Heating | Baseboard |
| Fireplace | No |
| # of Stories | 3 |
| Basement | Other |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Asphalt/Tar, Flat |
| Construction | Brick |
| Foundation | Block |
Additional Information
| Date Listed | March 17th, 2025 |
|---|---|
| Days on Market | 87 |
| Zoning | R6B |
| Tax | $19,032 |