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    Ridge, NY Triplex Investment Title is generated by Realmo AI

    10 Sally Lane, Ridge, NY 11961

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    For Sale
    $950,000

    MULTI_FAMILY - Other - Ridge, NY

    Lot size:
    0.75 Acres
    Added:
    Jan 6, 2025
    Days on Market:
    539
    Last Refresh:
    Jun 29 at 5:06 am

    Property Features for 10 Sally Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bedroom 3, Bedroom 5, Basement, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 6
    Parking
    6
    Parking features
    Off Street, Driveway
    Interior features
    First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
    Basement
    Partial, Unfinished
    Standard status
    Active
    Lot size
    0.75 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    14356

    Utilities

    Sewer type
    Cesspool
    Heating system
    Oil
    Water source
    Public

    Building Details

    Year built
    1960
    Number of units
    3
    Flooring type
    Laminate
    Architectural style
    Other

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    Contact an agent
    Carmine Capobianco

    Listing agent Carmine Capobianco

    Listing office Coldwell Banker American Homes 2395 Ocean Ave Ste 1, East Meadow, NY

    Listing date Jan 6, 2025

    MLS# 810219 Listing URL

    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.

    HighLights

    • Legal (by CO) three‑family home currently fully tenanted
    • Rent details: Apt. 1 at $2,650/mo; Apt. 2 and Apt. 3 at $2,350/mo each
    • NOI close to $70,000 per year (pro‑forma attached)
    • Recent updates include newer kitchens and baths, plus a newer roof and oil burners
    • Public water; sewer via cesspool
    • Set on a .75‑acre semi‑wooded lot with private off‑street rear parking

    Overview

    This well-maintained and updated triplex represents an excellent investment opportunity. The property is legally designated as a three-family house, as per the Certificate of Occupancy, and offers substantial income potential. Recent updates include newer kitchens and bathrooms, a newer roof, and updated oil burners. The tenants are responsible for their individual electric and heating expenses, while the owner covers taxes, water, and insurance, resulting in low maintenance expenses. The property is currently fully tenanted. Apartment 1 generates $2650 per month, while Apartments 2 and 3 each contribute $2350 per month. The Net Operating Income (NOI) is close to $70,000 per year. The property is situated in a quiet residential area on a large 0.75-acre semi-wooded lot. It features private off-street parking in the rear and is conveniently located near major highways and the Long Island Rail Road (LIRR). This centrally located property in Suffolk County offers a rare opportunity for generating passive income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Ridge
    County
    Suffolk
    State
    New York
    Longitude
    -72.887479
    Latitude
    40.894259

    FAQs

    What type of property is this?
    Triplex - Well-maintained triplex in Ridge, NY with high income potential.
    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 $950,000.
    What are key features of this property?
    This property features: Legal (by CO) three‑family home currently fully tenanted; Rent details: Apt. 1 at $2,650/mo; Apt. 2 and Apt. 3 at $2,350/mo each; NOI close to $70,000 per year (pro‑forma attached)
    More about this property
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