$1,349,000
( $233.59Per Sq Foot )
 $7,242 est/mo Sourced by Back At You

862 Woodward Avenue,Ridgewood, NY 11385

Ridgewood, NY 11385

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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

Details

MLS #980446
Listing TypeFor Sale
StyleMulti-Family
Building Name6
Sub-TypeResale
StatusActive
Year1930
Days On Site199
Listing Provided ByRE/MAX Edge | Dazhi Su

Features

SQ Feet5,775
BasementY
Units6
Acreage0.06

Interior

CoolingWall/Window Unit(s)
HeatingBaseboard

Exterior

Construction MaterialsBrick

Parking

Parking FeaturesNone

Utilities

UtilitiesSee Remarks
SewerPublic Sewer

Taxes

Tax Year2024
Tax Assessed Value423000
Tax Annual Amount19554
Tax Lot0035

Area Information

StateNY
CountyQueens
CityRidgewood
Zip Code11385
School DistrictContact Agent
Elementary SchoolContact Agent
High SchoolContact Agent
Listing VS Median (in 11385)
Price:
$1,349,000
low | high
Med:
$1,149,888
64.759970348406% of Average
sqft:
5,775
low | high
Med:
2,400
100% of Average
$ / sqft:
$234
low | high
Med:
$479
55.108821349148% of Average
On site:
199
low | high
Med:
951.5
20.914345769837% of Average
Sourced by Back At You

Market Activity 11385

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Learn More About This Property

StateNY
CountyQueens
CityRidgewood
Zip Code11385
School DistrictContact Agent
Elementary SchoolContact Agent
High SchoolContact Agent
Listing VS Median (in 11385)
Price:
$1,349,000
low | high
Med:
$1,149,888
64.759970348406% of Average
sqft:
5,775
low | high
Med:
2,400
100% of Average
$ / sqft:
$234
low | high
Med:
$479
55.108821349148% of Average
On site:
199
low | high
Med:
951.5
20.914345769837% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.11M - $1.686M
sqft: 4,000 - 7,000
Nearby Listings Property ImageNearby Listings Details
874 Woodward Avenue Property Photo 1
$1,475,000
874 Woodward Avenue
Ridgewood, NY 11385
1881 Putnam Avenue Property Photo 1
$1,199,000
1881 Putnam Avenue
Ridgewood, NY 11385
Listing Updated: July 9, 2026 at 3:20:25 PM PDT