261 Saint Nicholas Avenue

Corner 2 Family + Store & Full Basement! Projected CAP Rate 9%! Building is located in prime Ridgewood, bordering gorgeous parks in Glendale and the trendiest restaurants and nightlife in Bushwick. Just 4 blocks to the L & M trains (Myrtle-Wyckoff Ave); 5 blocks to the M line (Seneca Ave); 10 min walk to Maria Hernandez Park. This Property has huge potential! Delivered vacant! 1st Fl Comm. Space is built full on lot: - Separate back office or extra storage room (17 x 18.5 ft) - Tiled floors - 2 Full baths 2nd Fl Apt: 4BR/1.5BTH - Original wood floor - Bright exterior - Very high ceilings - Tall windows - Rooftop terrace off rear bedrooms - W/D 3rd Fl Apt: 4BR/1.5BTH - Newly renovated unit - Open concept layout - Customized kitchen w/ backsplash - Linoleum floors but original hardwood floors underneath - Recessed lighting - 12 ft ceiling height Other features: Separate meters for each unit; Full semi-finished basement; Quiet building; Very well maintained. Great Investment!