MLS # | 850334 |
Construction Year | 1931 |
Taxes (per year) | $15,206 |
Heat type | Hot air |
Bus | 2 min: B20, Q39, Q55 |
4 min: B38 | |
5 min: Q58 | |
6 min: B26 | |
7 min: B13, QM24, QM25 | |
10 min: B52, B54 | |
Subway | 6 min: L |
8 min: M | |
LIRR | 1.6 miles: "East New York" |
2.9 miles: "Nostrand Avenue" | |
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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. © 2025 OneKey™ MLS, LLC