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Gut-Renovated Quadplex with Duplex Units

16-76 Jefferson Avenue, Ridgewood, NY 11385

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Four free-market apartments with laundry and an indoor gym, including duplexed units, suited for owner-investors.

Property Size2,800 SF
Lot Size0.06 Acres
Price / SF$892.86
Days on Market144

Property Features for 16-76 Jefferson Avenue

General Information

Standard status Active
Size 2,800 SF
Lot size 0.06 Acres
Property subtype Multifamily
Zoning R5B
Net Operating Income $157,909

Additional Details

Multifamily Units 4

Building Details

Units 4
Listing Agency: IPRG Investment Property Realty Group
Listed By: Derek Bestreich · License #10991237362
Source: Crexi
Added: Jun 17 Changed: Oct 26 Last Checked: Nov 6 at 6:41AM

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 IPRG Investment Property Realty Group

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Investment Insights

Based on property information with market context.

The property at 16-76 Jefferson Avenue is a four-unit quadplex featuring gut-renovated apartments. Units 1R and 1L are duplexed, creating flexible, multi-level layouts within the building. Across the four apartments, the configuration totals 13 bedrooms and 11 bathrooms. Residents also have access to shared laundry facilities and an indoor gym, supported by the building’s modern, high-end renovation.

The building is on a 25 ft x 100 ft lot and measures approximately 25 ft x 56 ft, for about 2,800 square feet. It is located between Wyckoff Avenue and Cypress Avenue in Ridgewood, Queens, within walking distance to the L and M Subway Lines.

For investors, this is a turnkey, four-unit structure with all apartments positioned as free-market units and a contemporary interior refresh throughout. For tenants, the combination of duplex-style apartment layouts and on-site amenities like laundry and an indoor gym provides practical everyday convenience within a single asset. The property’s compact footprint and clear unit count support straightforward operations for an owner managing or overseeing a multi-family portfolio.

Key Highlights

  • Four gut‑renovated, free‑market apartments at 16‑76 Jefferson Avenue
  • Units 1R and 1L are duplexed
  • Total layout includes 13 bedrooms and 11 bathrooms

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

4,755
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Quadplexes in Queens County, NY

$590 Jul
$621 Aug
$607 Sep
$510 Oct

Properties on Market for Quadplexes in Queens County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four free-market apartments with laundry and an indoor gym, including duplexed units, suited for owner-investors.
Where is this quadplex located?
The property is located at 16-76 Jefferson Avenue Ridgewood, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Four gut‑renovated, free‑market apartments at 16‑76 Jefferson Avenue; Units 1R and 1L are duplexed; Total layout includes 13 bedrooms and 11 bathrooms
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