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Three-Story Six-Unit Walk-Up
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16-45 Summerfield Street, Flushing, NY 11385

A three-story walk-up with six apartments, including five two-bedrooms and one one-bedroom.

Property Size4,545 SF
Days on Market123

Property Features for 16-45 Summerfield Street

General Information

Standard status Active
Size 4,545 SF
Property subtype Multifamily

Additional Details

Multifamily Units 6

Building Details

Stories 3
Tenancy Multi
Listing Agency: Ariel Property Advisors
Listed By: Jason Gold · License #NY 10301214771
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 11:50PM

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 Ariel Property Advisors

Investment Insights

Based on property information with market context.

16-45 Summerfield Street is a three-story, walk-up multifamily building totaling 4,545 square feet and consisting of six apartments. The unit mix is five two-bedroom apartments and one one-bedroom apartment. Five apartments are currently rented averaging roughly $16 per square foot.

The property is located between Cypress Avenue and Wyckoff Avenue in the Ridgewood neighborhood of Queens. It is one block from the L train at the Halsey Street station and within walking distance to Myrtle Avenue, which offers dining, shopping, banking, and fitness options. The surrounding area also includes schools and parks.

Key Highlights

  • 6‑unit multifamily walk‑up on Summerfield Street in Ridgewood, Queens
  • Three‑story building with 4,545 SF and six apartments total
  • Unit mix: five 2‑bedroom apartments and one 1‑bedroom apartment

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,877
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 - A three-story walk-up with six apartments, including five two-bedrooms and one one-bedroom.
Where is this apartment building located?
The property is located at 16-45 Summerfield Street Flushing, NY.
What are key features of this property?
This property features: 6‑unit multifamily walk‑up on Summerfield Street in Ridgewood, Queens; Three‑story building with 4,545 SF and six apartments total; Unit mix: five 2‑bedroom apartments and one 1‑bedroom apartment
(212) 544-9500 Call to check price and availability
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