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6-Unit Rent-Stabilized Apartment Building
For Sale
$1,295,000
Pending

1015 Seneca Avenue, Ridgewood, NY 11385

Commercial Sale, Ridgewood, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market188

Property Features for 1015 Seneca Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R6B
Rooms Basement
Standard status Pending
APN 03575-0003
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 15145

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1931
Floors in Building 3
Number of units 6
Building materials Block, Brick
Listing Agency: Charles Rutenberg Realty Inc
Listed By: Donald Oula
Added: Apr 1 Changed: Aug 27 Last Checked: Oct 5 at 7:06AM
MLS# 979762

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 six-unit multifamily property contains rent-stabilized apartments within a brick-and-block building constructed in 1931. A new boiler was installed in 2024, and two apartments have renovated bathrooms. The property also includes a basement, forced-air heating, and access to natural gas, public water, and public sewer.

Located at 1015 Seneca Avenue in Ridgewood, Queens, the property is positioned near public transportation served by the M and L subway lines. R6B zoning applies to the site.

Key Highlights

  • Six rent‑stabilized apartments
  • New boiler installed in 2024
  • Two units with renovated bathrooms

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Acupuncture Carpet & Flooring Store

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

4,580
Businesses Nearby

Demographics for 11385, NY

100,883
Population
40,175
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
28,023
Density / Sq Mi
$87,365
Median Household Income
$47,335
Median Earnings
$1,959
Median Rent
$842,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Rent-stabilized apartments occupy a brick-and-block building with a 2024 boiler upgrade.
Where is this apartment building located?
The property is located at 1015 Seneca Avenue Ridgewood, NY.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Six rent‑stabilized apartments; New boiler installed in 2024; Two units with renovated bathrooms
More about this property
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