1823 Bleecker Street, Ridgewood, NY 11385

Building Details

Architectural style

Other

Listing agent Emma Barattini Show Phone

Listing office EVERGREEN REALTY & INVESTMENTS 5825 Myrtle Avenue Office 2A, RIDGEWOOD, NY Show Phone

Listing date Oct 17, 2025

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MLS# 11592209 Listing URL

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Overview

This semi-detached, three-story building in Ridgewood is configured as a six-family property. The building has a gross area of 3,600 square feet and measures 20 feet by 60 feet. It occupies a 2,500-square-foot lot measuring 25 feet by 100 feet. The property includes 1,400 square feet of unused air rights. The unit mix consists of three free-market units and three rent-stabilized units. Each unit features one bedroom, one bathroom, and hardwood flooring. Select units have been fully renovated and include dishwashers and washers/dryers. The building generates a gross annual income of approximately $168,240, reflecting a 6.74% actual cap rate. The property is located near the M train at Seneca Avenue and the L train at Dekalb Avenue, offering convenient access to transportation. This property presents an opportunity to invest in a building with a high rent roll and air rights in Ridgewood.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

Location Insight

• Map
• Local Demand

City

Ridgewood

County

Queens

State

New York

Longitude

-73.91094

Latitude

40.705689

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FAQs

What type of property is this?

Apartment building - Six-family building in Ridgewood with high rent roll.

Where is this apartment building located?

The property is located at 1823 Bleecker Street Ridgewood, NY.

What is the asking price?

The asking price for this property is $1,950,000.

What are key features of this property?

This property features: High Gross Annual Income of Approximately $168,240 and a 6.74% Actual Cap Rate; 1,400 SF of Unused Air Rights; 50% Free‑Market Units in a Six‑Family Building