Address
862 Woodward Avenue, Ridgewood, NY
Price
$ 1,349,000
Property Attributes
- MLS#500211
- TypeMulti-Family
- Listing Status Active
- CountyQUEENS
- CityRidgewood
- AreaQueens
- NeighborhoodRidgewood
- Zip11358
- StyleMulti-Family
- Year Built1930
- Taxes$ 19554
- Price$ 1,349,000
- Bedrooms15
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage5775
- Lot Size0.062948 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property 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
| Price History | |
|---|---|
| 4/3/2026 | Listed $1,349,000 |
General Features
| Net Operating Income | 13000.00 |
|---|---|
| Roof | Other |
| Zoning | R6B |
| Electric | Other |
| Stories Count | 3 |
| Property Type | Residential |
| Block | 3473 |
| Cap Rate | 0.01 |
| Lot Number | 35 |
| Yearly Taxes | 19554.00 |
| Transaction Type | Sale |
| Utility Expense | 0.00 |
| Gross Expense | 34200.00 |
| Financing | 1031 Exchange,Bank Mortgage,Cash |
| Building Type | Attached |
| Gross Income | 128917 |
| Status | Active |
| Fuel Expense | 0.00 |
| Construction Materials | Other |
| Cumulative Days on Market | 322 |
| MLS Area | Ridgewood |
| Sub Type | Multi-Family |
| Year Built | 1930 |
| City | Ridgewood |
| Borough | Queens |
| Residential Features | Other |
| DOM | 167 |
| Sale Type | Arm's Length |
| # Families | 6 |
| Public Remarks | 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 |
Interior Features
| Heating Fuel | Other |
|---|---|
| Flooring | Other |
| Hot Water | Other |
| Full Baths | 6 |
| Building Amenities | Bike Rooms,Secure Lobby,Storage rooms |
| Sq Ft Total | 5775 |
| AC Units | 5+ |
| Basement Amenities | Other |
| Beds Total | 15 |
| Total Baths | 6.00 |
Exterior Features
| Exterior | Other |
|---|---|
| Lot Dimensions | 27.42x100 |
| Yard | Other |
| Foundation | Other |
| Lot Sq Ft | 2742 |
| Building Length | 70.00 |
| Building Width | 27.00 |
| Property Panorama YN | Yes |
| Lot Size Length | 100 |
| Lot Size Width | 27 |
| Parking Attrib | Other,None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 11358
Price
Taxes
Year Built
Visits
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