6415 Myrtle Avenue Ridgewood, NY 11385
MULTI_FAMILY - Other - Ridgewood, NY
- Added:
- May 28, 2026
- Days on Market:
- 48
- Last Refresh:
- Jul 14 at 8:06 am
Property Features for 6415 Myrtle Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 7, Bedroom 1, Bathroom 4, Bedroom 8, Basement, Bedroom 2, Bathroom 1, Bathroom 2
- Interior features
- Original Details
- Basement
- Finished, Full
- Standard status
- Active
- APN
- 03639-0029
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10059
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1927
- Number of units
- 4
- Flooring type
- Laminate, Hardwood
- Building materials
- Brick
- Architectural style
- Other
Listing agent Natalie Ferrigno (718) 791-1365
Listing office Prime America Real Estate Inc 6123 Fresh Pond Rd, Bushwick, NY (347) 725-3142
Listing date May 28, 2026
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.
The property is described as highly visible along Myrtle Avenue, with the surrounding area featuring ongoing residential and commercial activity. Listing remarks also note zoning potential related to R5D and C1-3, which may be of interest to buyers evaluating longer-term positioning.
This offering can fit investors and owner-users looking for a Ridgewood income property with classic pre-war character, an expanded finished basement, and significant outdoor space for tenants or operational flexibility. With the stated zoning potential (R5D and C1-3) as part of the opportunity, it also aligns with buyers who want to review possible future value-add, mixed-use, or redevelopment pathways as they evaluate the property.
Key Highlights
- Multi‑family property built in 1927 with brick construction and pre‑war character
- Approx. 3,000 sq. ft. with a full finished basement plus multiple bedrooms and bathrooms
- Hardwood and laminate flooring throughout; interior includes original details
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $138.6k | $46.20 |
| − Vacancy | −$5.3k | −$1.76 |
| EGI | $133.3k | $44.44 |
| − OpEx | −$60.0k | −$20.00 |
| NOI | $73.3k | $24.44 |
