Discover a prime investment opportunity in the heart of Ridgewood, Queens. This six-unit, rent-stabilized property offers a stable income stream and is situated in one of New York City's most vibrant neighborhoods.
Units: 6 rent-stabilized apartments
Gross Rent Roll: $110,115 annually
Net Operating Income (NOI): $76,042
Building Size: 5,712 sq ft
Lot Size: 2,800 sq ft
Stories: 3
Year Built: 1931
Recent Upgrades: New boiler installed in 2024; two units feature renovated bathrooms
Ridgewood is renowned for its diverse culinary scene, historic charm, and strong community spirit. Residents enjoy easy access to public transportation, including the M and L subway lines, facilitating convenient commutes to Manhattan and Brooklyn.
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Listing Snapshot
Price
$1,380,000
Days On Site
10 Days
Bedrooms
N/A
Inside Area (SqFt)
5,712 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
2,800 Acres
Year Built
1931
MLS® Number
850334
Status
Active
Property Tax
$15,205.94
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
2 weeks ago
Listing first seen on site
2 weeks ago
Listing updated with changes from the MLS®
General Features
Number Of Stories
3
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
5712
Utilities
Natural Gas AvailableNatural Gas Connected
Water Source
Public
Interior Features
Basement
Finished
Heating
Forced Air
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Exterior Features
Construction Details
BlockBrick
Listing courtesy of Charles Rutenberg Realty Inc doula@rutenbergnyc.com
Based on information submitted to the MLS GRID as of 2025-04-28 05:30 AM EDT.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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