Six-Unit Rent-Stabilized
For Sale
$1,295,000
1015 Seneca Avenue, Ridgewood, NY 11385
Six rent-stabilized apartments with a 2024 boiler and recently renovated bathrooms in two units.
Property Size5,712 SF
Days on Market138
Property Features for 1015 Seneca Avenue
General Information
Standard status
Active
Size
5,712 SF
Property subtype
Commercial
Zoning
R6B
Additional Details
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$15,145
Building Details
Building Size
5,712 SF
Year Built
1931
Stories
3
Units
6
Tenancy
Multi
Listing Agency:
Charles Rutenberg Realty Inc
(516) 575-7500
Listed By:
Donald Oula
(516) 575-7500
Source:
Cohenandcohenrealty
Added: Apr 1
Changed: Aug 8
Last Checked: Aug 15 at 1:06PM
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.
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.
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
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,580
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
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
