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Legal Triplex with Wooded Setting
For Sale
$925,000

10 Sally Lane, Ridge, NY 11961

Residential Income, Ridge, NY

Property SizeContact for details
Lot Size0.75 Acres
Days on Market41

Property Features for 10 Sally Lane

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 3, Bedroom 2
Parking 5
Parking features Off Street, Parking Lot, Driveway
Window features Double Pane Windows
Interior features First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
Basement Partial
Lot features Back Yard, Cleared, Level, Wooded
Elementary school Ridge Elementary School
Middle school Longwood Junior High School
High school Longwood High School
Elementary school district Longwood
Middle school district Longwood
High school district Longwood
Directions William Floyd Pkwy to Middle Country Rd to Sally Lane (South)
Standard status Active
APN 200-326-00-01-00-006-002
Lot size 0.75 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 14356

Utilities

Sewer type Cesspool
Heating system Oil, Hot Water(Heating)
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1960
Number of units 3
Flooring type Laminate, Carpet, Vinyl
Building materials Brick, Vinyl Siding
Architectural style Other
Listing Agency: Coldwell Banker American Homes · Coldwell Banker Real Estate
Listed By: Carmine Capobianco
Added: Jul 23 Changed: Aug 19 Last Checked: Sep 1 at 6:06PM
MLS# 1029889

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This legal three-family residence, documented by certificate of occupancy, is fully occupied and has been maintained with updates. The property includes first-floor bedroom and full-bath accommodations, an eat-in kitchen, basement space, and a combination of laminate, carpet, and vinyl flooring. Heating is provided by oil-fired hot water, with window or wall units for cooling. Public water and a cesspool serve the property.

Set on 0.75 acres in Ridge, the parcel is partially cleared and includes a wooded setting, driveway, parking lot, and off-street parking at the rear. The property is near two major highways, the LIRR, schools, and shopping. Tenants pay their own electric and heat, while ownership covers taxes, water, insurance, and low maintenance expenses. The reported cap rate exceeds 7% this year.

Key Highlights

  • Legal three‑family property by certificate of occupancy
  • Fully occupied with a reported cap rate over 7% this year
  • 0.75‑acre partially cleared parcel with private wooded surroundings

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Law Firm Restaurant Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

99
Businesses Nearby

Demographics for 11961, NY

13,042
Population
6,142
Households
2.1
Avg Household Size
53
Median Age
31%
College-Educated
94%
High-School Grad
15.0 sq mi
ZIP Area
869
Density / Sq Mi
$86,134
Median Household Income
$56,351
Median Earnings
$1,984
Median Rent
$402,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Fully occupied triplex with updated interiors, rear parking, and tenant-paid electric and heat.
Where is this triplex located?
The property is located at 10 Sally Lane Ridge, NY.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Legal three‑family property by certificate of occupancy; Fully occupied with a reported cap rate over 7% this year; 0.75‑acre partially cleared parcel with private wooded surroundings
More about this property
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