SOLD FOR $1,675,000
· Sold at asking price · Closed May 30, 2024
$1,675,000
$493 per sq ft
863 Woodward Avenue
MLS® #RLS10971175
Listing by Compass
8
Bedrooms
4
Baths
3,400
Sq. Ft.
1930
Year Built
Sale Details
Property Summary
Description
863 Woodward Avenue is a 4-unit, turnkey investment property located on the border of the Central Ridgewood Historic District. The building has been renovated and meticulously maintained. It features a shared backyard with direct access from the first-floor apartments, as well as a laundry room and storage lockers in the basement. The building measures 25.5' x 67', totaling approximately 3,400 square feet. The roof, mechanicals, windows, and facades are all in excellent condition. Additionally, each unit is individually metered for electricity and cooking gas. This is an ideal opportunity for a 1031 exchange or a savvy end user to offset their mortgage. Investment highlights: -4 tastefully renovated two-bed free market apartments - Tax class 2A, limiting property tax increases -Located on tree-lined residential block -Just 2 blocks to the Forest M train stop, or 0.5 miles to the L train at Myrtle/Wyckoff -Surrounded by popular venues and restaurants such as TV Eye, Cozy Corner, Rolo's, and many more *For the complete property setup and financials, please contact the listing broker directly.
Property Details
Similar Active Listings in Ridgewood
View All
Listing courtesy of Jeffrey Valcourt at Compass. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.