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Six-Unit Apartment Building
New
For Sale
$1,368,888

16-77 Woodbine Street, Ridgewood, NY 11385

Three residential levels offer a consistent two-apartment-per-floor layout, with recreation and utility areas in the basement.

Property Size5,600 SF
Days on Market7

Property Features for 16-77 Woodbine Street

General Information

Standard status Active
Size 5,600 SF
Property subtype Multi Family

Additional Details

Public Transit Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $19,554

Building Details

Building Size 5,600 SF
Year Built 1930
Buildings 1
Stories 3
Listing Agency: Mitra Hakimi Realty Group LLC
Listed By: Etan Hakimi · License #1014541
Source: Serhant
Added: Oct 19 Changed: Oct 24 Last Checked: Oct 23 at 4:15PM

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 Mitra Hakimi Realty Group LLC

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Investment Insights

Based on property information with market context.

This apartment building contains six residential units arranged across three floors, with two apartments on each level. A basement provides recreation and utility areas. The property was built in 1930, and five of the six units are slated for delivery vacant. Rent-stabilized apartments are also identified as part of the property information.

The building is in Ridgewood, Queens, near neighborhood restaurants, cafes, shops, and parks. Myrtle and Fresh Pond Road shopping and dining corridors are nearby. M train service and local bus routes are within walking distance, with connections across Queens and to Manhattan and Brooklyn.

Key Highlights

  • Six residential units across three floors, with two apartments on each floor
  • Five of the six units are slated to be delivered vacant
  • Basement includes recreation and utility areas

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

5,438
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
View Realmo Analytics

Market

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?
Apartment building - Three residential levels offer a consistent two-apartment-per-floor layout, with recreation and utility areas in the basement.
Where is this apartment building located?
The property is located at 16-77 Woodbine Street Ridgewood, NY.
What is the asking price?
The asking price for this property is $1,368,888.
What are key features of this property?
This property features: Six residential units across three floors, with two apartments on each floor; Five of the six units are slated to be delivered vacant; Basement includes recreation and utility areas
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