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Ridgewood, Queens, NY 11385
Property Type
Multi Family
Central AC
No
Year Built
1930
Listing courtesy of John P. Bachas of Amorelli Realty LLC.
Priced to Sell – 6-Family Building in the Heart of Ridgewood Excellent opportunity to acquire a well-maintained 6-family multifamily building in one of Ridgewood’s most historic and desirable sections. The landlord has reserved one vacant unit, allowing for immediate owner occupancy or ease of showing. An owner-occupant can live rent-free while offsetting the mortgage with five income-producing units, or an investor may fully lease the property to maximize returns. This classic property is in very good condition and offers strong long-term investment potential. Located within the Ridgewood Historic District All apartments are railroad-style layouts: · Left-side units: 3 bedrooms / 1 bathroom · Right-side units: 2 bedrooms / 1 bathroom The property is ideally situated just 0.3 miles from the M Train at Fresh Pond Road and steps from multiple bus lines offering direct access to Atlas Park, Queens Center Mall, and the first stop on the M line. Centrally located near local restaurants, retail shops, grocery stores, and with convenient access to neighboring neighborhoods. A solid asset with flexibility, location, and upside—ideal for both investors and end users. **Prospective Purchaser must be aware of Rent Stabilization Laws** 122k Gross Income, For an Offering Memorandum/Income and Expenses please reach out to: Yianni Bachas
0.0653 Acres
0
Queens
Ridgewood
Multi Family
1930
Brick
6
3
1930
Ridgewood
Queens
On Street
Finished
Yes - Wall/Window Unit(s)
Hardwood
Yes
Yes - Steam
0
Public
Total$6,683.64/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
| Address | Size | Sold For |
|---|---|---|
| 605 Onderdonk Avenue #NA #NARidgewood | 1 BR / 1.5 BA | $2,200,000 |
Closed sales recorded by Brown Harris Stevens agents.
Ridgewood, located in western Queens along the Brooklyn border, is a residential neighborhood known for its tree-lined streets, historic brick row houses, and growing cultural scene.
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. 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 deemed reliable but not guaranteed.