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Prime Ridgewood location! 297 Saint Nicholas Ave is a 4-story mixed-use investment property featuring approximately 7,260 SF, 7 residential units and 2 commercial units. All residential units are free market, providing diversified residential and commercial income. Approx. 22' x 80' building on a 22' x 91' lot. Established Ridgewood/Bushwick location with convenient access to the L and M subway lines, local amenities, and Manhattan. Asking $3,300,000. Approx. 6.1% cap rate based on current income and expenses. Excellent opportunity for investors seeking a mixed-use property with multiple income streams and long-term potential.
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