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6-Unit Rent-Stabilized Apartment Building
For Sale
$1,295,000

1015 Seneca Avenue, Ridgewood, NY 11385

Updated mechanicals and renovated bathrooms support this multifamily property near M and L subway service.

Property Size5,712 SF
Days on Market153

Property Features for 1015 Seneca Avenue

General Information

Standard status Active
Size 5,712 SF
Property subtype Commercial
Zoning R6B

Taxes and HOA fees

Annual Taxes $15,145

Building Details

Building Size 5,712 SF
Year Built 1931
Stories 3
Units 6
Listing Agency: Charles Rutenberg Realty Inc
Listed By: Donald Oula
Source: Alexandermadisonhomes
Added: Apr 1 Changed: Aug 29 Last Checked: Aug 30 at 5:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Charles Rutenberg Realty Inc

Investment Insights

Based on property information with market context.

Built in 1931, this six-unit multifamily property contains rent-stabilized apartments and is zoned R6B. The building includes a boiler installed in 2024, while two apartments have renovated bathrooms, providing documented updates to both building systems and unit interiors.

Located at 1015 Seneca Avenue in Ridgewood, Queens, the property is near M and L subway service with connections serving Manhattan and Brooklyn. Its Ridgewood setting places the building within a neighborhood recognized in the source information for its culinary offerings, historic character, and community-oriented environment.

Key Highlights

  • Six rent‑stabilized apartments
  • R6B zoning
  • New boiler installed in 2024

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Acupuncture Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,580
Businesses Nearby

Demographics for 11385, NY

100,883
Population
40,175
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
28,023
Density / Sq Mi
$87,365
Median Household Income
$47,335
Median Earnings
$1,959
Median Rent
$842,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated mechanicals and renovated bathrooms support this multifamily property near M and L subway service.
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; R6B zoning; New boiler installed in 2024
More about this property
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