$6,500,000
Updated 2 years ago
Off Market

18-15 Linden Street

Ridgewood, Queens | Seneca Ave & Onderdonk Ave

24 Rooms15 Beds10 Baths9,181 Square FeetIncome Property

$6,500,000
floors / apts5 / 9
Lot Size42'x100'
Built Size42'x49'6"
ZoneR6B
Building TypeLow-Rise
RE Taxes$32,316
Price Per SF
$708

Outdoor space and views

  • Backyard
  • Balcony
  • Patio

Building Amenities

  • Virtual Doorman
  • Bike Storage
  • Elevator
  • FIOS
  • Laundry Room
  • Roof Deck
  • Wheelchair Access

Property Description for 18-15 Linden Street

Newly developed 9-unit elevator building with tax abatement. Built on a 42 Ft wide lot with 100 ft depth with a building dimension of 42 x 49.6 yielding almost 2093 SQFT on each floor. Consisting of six 2 bedrooms and three 1 bedrooms.  Each unit comes with its own private outdoor space. Gross monthly income is around 30K.Stately built brick building located in the desirable neighborhood of Ridgewood. This beautifully designed residence offers a perfect blend of comfort, style, and functionality. With an array of impressive features and a prime location, this building is sure to captivate your heart and bring very desirable cap rates. As you step inside, you will be greeted by a spacious, inviting interior with a warm and welcoming ambiance. All units features spacious living rooms, tall ceiling, floor to floor-to-ceiling windows which boast extra sun lights. Every unit provides ample space for all the needs one can ask for. The interior of this home is adorned with a mixture of tiles and hardwood floors with stainless steel appliances and outdoor spaces adding a touch of elegance to every room. The open-concept living room plans allows for seamless flow and natural light to fill the space, creating a bright and airy atmosphere. Venture outside, and you will discover a lovely shared backyard oasis with access to all the units, perfect for relaxation and entertaining. The spacious green backyard provide a picturesque setting for outdoor gatherings or barbecues, For extra entertainment building also provides shared roof deck with beautiful direct views of the Manhattan skyline. Situated in the sought-after neighborhood of Ridgewood bordering with Bushwick this building offers an enviable location. Myrtle Wyckoff Ave Subway stops are just a few blocks away, ensuring convenient access to Manhattan. Also very close to the busy retail strip of Myrtle Ave, and tons of restaurants including (Michelin star Rolo) and a tone of cafes and bars With its remarkable features, prime location, and impeccable design, this building presents an incredible investment opportunity for those seeking a piece of real estate with outstanding returns with very low expenses.

Listing History for 18-15 Linden Street

Now
10/01/2023
$6,500,000
Initial Price by Kashif Khan
Compass
Launch

Building Details for 18-15 Linden Street

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVirtual Doorman
AgePost-War
AccessElevator
Year Built2017
Floors/Apts5/9
Learn More About the Building

Contact Agents

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Ridgewood | Queens

Quick Profile

Unique for being a symbolic and literal bridge between Brooklyn and Queens, Ridgewood incorporates both distinct elements of these boroughs into its persona. Originally considered part of Brooklyn, the neighborhood broke off with Bushwick in the 1700s at a point called, appropriately, Arbitration Rock. When the blackout of 1977 occurred, the residents of Ridgewood only further wanted to dissociate themselves from their Bushwick neighbors as the bedlam that ensued in between the looting and the riots made them feel just a tad superior. 

And yet, just because its zip code changed didn’t mean Ridgewood could ever fully break free from its proximity and entwined identity with Bushwick. Pegged as the next “it” destination and hipster haven to move to circa 2016, Ridgewood has surprised many with its steady pace of growth, therefore well-maintained “neighborhood” feel. 

Rife with quiet blocks filled with quaint, colorful buildings, Ridgewood offers the bodegas and local businesses one also expects of “old world” Brooklyn. An increase in the number of coffee shops, bars and DIY venues have continued its natural association with Bushwick, however, the deeper into the neighborhood you go, the more apparent it becomes that Ridgewood is very much its own very Queensian thing. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 92739TH