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    10 Sally Ln Ridge, NY 11961

    For Sale
    $950,000

    MULTI_FAMILY - Other - Ridge, NY

    Lot size:
    0.75 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 14 at 10:06 am

    Property Features for 10 Sally Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 6, Bathroom 3, Bedroom 1, Basement, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 2
    Bedrooms
    6
    Bathrooms
    3
    Parking
    6
    Parking features
    Off Street, Driveway
    Interior features
    First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
    Basement
    Partial, Unfinished
    Lot size
    0.75 Acres

    Utilities

    Sewer type
    Cesspool
    Heating system
    Oil
    Water source
    Public

    Building Details

    Year built
    1960
    Number of units
    3
    Flooring type
    Laminate
    Architectural style
    Other

    Coldwell Banker American Homes (800) 270-6318 [email protected]

    Listing agent Carmine Capobianco

    Listing date Dec 3, 2025

    MLS# 810219 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ridge, NY Triplex Investment

    This well-maintained and updated triplex represents an excellent investment opportunity. The property is legally designated as a three-family house, as per the Certificate of Occupancy, and offers substantial income potential. Recent updates include newer kitchens and bathrooms, a newer roof, and updated oil burners. The tenants are responsible for their individual electric and heating expenses, while the owner covers taxes, water, and insurance, resulting in low maintenance expenses. The property is currently fully tenanted. Apartment 1 generates $2650 per month, while Apartments 2 and 3 each contribute $2350 per month. The Net Operating Income (NOI) is close to $70,000 per year. The property is situated in a quiet residential area on a large 0.75-acre semi-wooded lot. It features private off-street parking in the rear and is conveniently located near major highways and the Long Island Rail Road (LIRR). This centrally located property in Suffolk County offers a rare opportunity for generating passive income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ridge
    County
    Suffolk
    State
    New York
    Longitude
    -72.887479
    Latitude
    40.894259

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    FAQs

    What type of property is this?
    Triplex - Well-maintained triplex in Ridge, NY with high income potential.
    Where is this triplex located?
    The property is located at 10 Sally Ln Ridge, NY.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - High Income Potential: Legal three-family house boasting a Net Operating Income (NOI) close to $70,000 per year.; - Fully Tenanted: Generating income with all units currently occupied.; - Updated and Well-Maintained: Features newer kitchens, baths, roof, and oil burners.
    (631) 838-8842
    Request Owner's contact information
    10 Sally Ln Ridge, NY 11961
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    Ridge, NY 11961
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10 Sally Ln Ridge, NY 11961
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