Multifamily
1 & 5 Ridgewood Place
1 Ridgewood Pl, Brooklyn, NY 11237
Listing Price: $2,750,000
Cap Rate
7.50%
Number of Units
12
GRM
10.83
Price/Unit
$229,167
Price/Gross SF
$339.51
Gross SF
8,100
Investment Overview
Marcus and Millichap is pleased to offer 1 & 5 Ridgewood Place located on a quiet block in the ever-growing Bushwick neighborhood. Spanning 3 stories, this 12 unit asset was built in 2004, approx. 8,100 sq feet.
Investment Highlights
- 12 units, approximately 8,100 sq ft, built in 2004.
- Positioned on a quiet block just off the Myrtle Avenue retail corridor, providing both peaceful surroundings and access to local amenities.
- Directly around the corner from L and M Myrtle-Wyckoff Subway Station and B26, B54, B60, Q39 and Q58 Bus Lines?.
Listing Price: $2,750,000
Cap Rate
7.50%
Number of Units
12
GRM
10.83
Price/Unit
$229,167
Price/Gross SF
$339.51
Gross SF
8,100
Investment Highlights
- 12 units, approximately 8,100 sq ft, built in 2004.
- Positioned on a quiet block just off the Myrtle Avenue retail corridor, providing both peaceful surroundings and access to local amenities.
- Directly around the corner from L and M Myrtle-Wyckoff Subway Station and B26, B54, B60, Q39 and Q58 Bus Lines?.
Investment Overview
Marcus and Millichap is pleased to offer 1 & 5 Ridgewood Place located on a quiet block in the ever-growing Bushwick neighborhood. Spanning 3 stories, this 12 unit asset was built in 2004, approx. 8,100 sq feet.

