1015 Seneca Avenue Ridgewood, NY 11385

Building Details

Year Built

1931

Listing agency Charles Rutenberg Realty Inc d***@rutenbergnyc.com Show Phone

Listed by Donald Oula Show Phone

Source Cohenandcohenrealty

Added: Apr 1 Updated: Jul 22 at 10:40AM Checked: Jul 22 at 10:40AM

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Investment Insights

Based on property information with market context.

This six-unit multifamily property features all apartments as rent-stabilized units. The annual gross rent roll is reported at $113,661 with a stated NOI of $70,191. Recent building improvements include a new boiler installed in 2024, and two units have renovated bathrooms.

The property is located in Ridgewood, Queens and is described as offering access to public transportation, including the M and L subway lines.

The building’s current configuration is straightforward: six residential units within a single income-producing structure, supported by the recent mechanical upgrade and selective bathroom renovations.

Key Highlights

• Six rent‑stabilized apartments in Ridgewood, Queens
• Annual gross Rent Roll of $113,661 and NOI of $70,191
• New boiler installed in 2024

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FAQs

What type of property is this?

Apartment building - Six rent-stabilized apartments with a 2024 boiler and recently renovated bathrooms in two units.

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 in Ridgewood, Queens; Annual gross Rent Roll of $113,661 and NOI of $70,191; New boiler installed in 2024