Description
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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0BEDS
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0.06ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
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. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sheil Estate | Coldwell Banker Realty. Data last updated: 2025-05-18T07:19:04.8.