Things do not seem to be cooling off in the red hot rental market in Ridgewood, as this two-story, four-family home on Jefferson Avenue is listed for $2.6 million.
The approximately 2,800-square-foot building is located at 16-76 Jefferson Ave. and contains a two-bedroom apartment with three baths, and a three-bedroom with three bathrooms on the first floor; and three-bedroom, two-bath and three-bedroom, three-bathroom apartments on the second floor.
The gut-renovated building also comes equipped with a laundry room, gym, furnished roof deck and backyard with a barbecue as common space for the tenants.
Aside from the entire building being listed north of $2.5 million, each of the apartments is currently being rented out an insane $3,900; $4,650; $3,200; and $3,600 respectively, according to Greiner-Maltz Investment Properties.
The apartment is located near the Myrtle/Wyckoff Avenue transportation hub where renters can access the M and L trains as well as several bus routes.
Prices like these may soon become the new norm for Ridgewood, as The Mill, a seven-story residential building on Madison Street which is set to open in September, is listing studio apartments starting at $1,750, one-bedroom units at $2,000, and two-bedroom apartments at $2,500.
