Ridgewood Six-Unit Income
1015 Seneca Avenue Ridgewood, NY 11385
1015 Seneca Avenue, Ridgewood, NY, 11385
$1,295,000
For Sale
$1,295,000
MULTI_FAMILY - Ridgewood, NY
Lot Size0.06 Acres
Days on Market108
Property Features for 1015 Seneca Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6B
- Rooms
- Basement
- Standard status
- Active
- 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
(516) 575-7500
255 Executive Dr Ste 208, Plainview, NY
Listed by
Donald Oula
(516) 575-7500
Added: Apr 1 Checked: Jul 17 at 7:06 am
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, rent-stabilized property presents an investment opportunity in Ridgewood, Queens. The property is located in a vibrant neighborhood and offers a stable income stream. The building contains six rent-stabilized apartments, generating an annual gross rent roll of $113,661 and a net operating income of $70,191. Recent upgrades include a new boiler installed in 2024, and two units feature renovated bathrooms. The property benefits from its location in Ridgewood, which is known for its diverse culinary scene, historic charm, and strong community spirit. Residents have convenient access to public transportation, including the M and L subway lines, providing easy commutes to Manhattan and Brooklyn. The lot size is 0.0643 acres.
Key Highlights
- Stable Income Stream: Six rent‑stabilized units provide a reliable source of income.
- High Net Operating Income (NOI): $70,191 annually, indicating strong profitability.
- Prime Location in Ridgewood, Queens: Situated in a vibrant and desirable neighborhood.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - Six rent-stabilized units in vibrant Ridgewood neighborhood.
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: Stable Income Stream: Six rent‑stabilized units provide a reliable source of income.; High Net Operating Income (NOI): $70,191 annually, indicating strong profitability.; Prime Location in Ridgewood, Queens: Situated in a vibrant and desirable neighborhood.
