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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.
| DAYS ON MARKET | 2 | LAST UPDATED | 4/17/2025 |
|---|---|---|---|
| YEAR BUILT | 1931 | COUNTY | Queens |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| BASEMENT | Finished |
| CONSTRUCTION | Block, Brick |
| HEAT | Forced Air |
| LOT | 2800 acre(s) |
| SEWER | Public Sewer |
| STORIES | 3 |
| TAXES | 15205.94 |
| UTILITIES | Natural Gas Available, Natural Gas Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Charles Rutenberg Realty Inc
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