- For Sale $1,349,000
- Property Type Multi-Family
- Property Size 1,890 SF
- Lot Size 0.06 Acre
- Cap Rate % 0.01
- Rental Income / YR $10,743.00
- NOI / YR $13,000.00
- Taxes / YR $19,554.00
- Year Built 1930
- Date Updated Oct 28, 2026
Description
Turnkey six (6) family building in prime Ridgewood, 7% cap rate, well-maintained, railroad style. 7 gas meters and 7 electric meters. Three 3-bedroom apartments and three 2-bedroom apartments. New roof replaced in 2022, new skylight, basement front entrance door, and new boiler in 2023. Close to 5,800 square feet of interior space, building size is 27.5x70, lot size is 27.5x100. Property tax is $19,650. Close to $130,000 great NOI, 7% cap rate. Excellent location, close to all. DHCR available upon request. Motivated seller
Highlights
- Bike Rooms
- Secure Lobby
- Storage rooms
False
Contacts
Dazhi (Simon) Su
RE/MAX Edge
Location
Located at 862 Woodward, Ridgewood, NY 11358, this property is part of the Ridgewood neighborhood and Queens market.
Contact Listing Broker
Dazhi (Simon) Su
RE/MAX Edge
