Renovated Two-Family
2123 Amory Court Ridgewood, NY 11385
For Sale
$1,888,000
MULTI_FAMILY - Ridgewood, NY
Property Size3,300 SF
Lot Size0.07 Acres
Price / SF$572.12
Days on Market119
Property Features for 2123 Amory Court
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 5, Bathroom 1, Laundry Room, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1
Parking features
Driveway, Underground/Basement
Patio and Porch features
Patio
Interior features
Walk-In Closet(s), Entrance Foyer, Master Downstairs
Fencing
Fenced
Standard status
Active
APN
03362-0037
Size
3,300 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11374
Utilities
Heating system
Natural Gas, Baseboard
Water source
Public
Building Details
Year built
1965
Floors in Building
3
Flooring type
Tile, Hardwood
Building materials
Brick
Listing Agency:
TRADEMARKO REALTY INC
(718) 502-5141
Listed By:
Malgorzata Pieniadz
(718) 502-5141
Added: Apr 2
Changed: Jul 24
Last Checked: Jul 29 at 5:06PM
MLS# 11684976
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully renovated two-family residence is delivered vacant at closing and offers flexible layout options across two above-ground levels plus a finished, ground-level basement with a separate entrance. The first and second floors feature open-concept living with an eat-in kitchen, dining area, and living room flow, while each level includes three bedrooms and a full bathroom. Interior improvements include hardwood floors throughout, updated windows, and a granite kitchen with an oversized island. The basement is fully finished and includes abundant storage, offering versatility for recreation, a home office, gym space, a media lounge, or extended living needs.
Set on a 2,991 sq. ft. lot, the property includes a large private backyard for outdoor entertaining or relaxation. Additional conveniences include a private long driveway and a front-facing garage. Located in Ridgewood near the Bushwick border, the home also references proximity to Bushwick and Williamsburg, with access to nearby transit and major routes, including the L and M subway lines and multiple bus routes, as well as the LIE and BQE, and LaGuardia and JFK airports.
With six bedrooms and two full bathrooms, this configuration suits buyers seeking a spacious owner-occupied setup, a two-unit income plan, or a family-focused layout with extra lower-level flexibility. The listing also notes R5B zoning and a move-in ready condition throughout the home.
Set on a 2,991 sq. ft. lot, the property includes a large private backyard for outdoor entertaining or relaxation. Additional conveniences include a private long driveway and a front-facing garage. Located in Ridgewood near the Bushwick border, the home also references proximity to Bushwick and Williamsburg, with access to nearby transit and major routes, including the L and M subway lines and multiple bus routes, as well as the LIE and BQE, and LaGuardia and JFK airports.
With six bedrooms and two full bathrooms, this configuration suits buyers seeking a spacious owner-occupied setup, a two-unit income plan, or a family-focused layout with extra lower-level flexibility. The listing also notes R5B zoning and a move-in ready condition throughout the home.
Key Highlights
- Fully renovated 2‑family home built in 1965 with approx. 3,300 SF of living space on a 2,991 SF lot
- 6 bedrooms and 2 full bathrooms, with three bedrooms and a full bathroom on each floor
- Hardwood and tile flooring, granite kitchen with an oversized island, and updated windows
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $152.5k | $46.20 |
| − Vacancy | −$5.8k | −$1.76 |
| EGI | $146.7k | $44.44 |
| − OpEx | −$66.0k | −$20.00 |
| NOI | $80.7k | $24.44 |
3,300 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.15M
$1.01M – $1.34M
NOI $80,667 @ 7.0% cap · market cap 4.27%
Second Best
Multifamily LT 5
$780.3K
$682.8K – $910.3K
NOI $54,620 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$2.43M
$2.13M – $2.84M
NOI $170,296 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Turnkey renovated two-family with separate-entry finished basement, backyard, and flexible R5B zoning.
Where is this duplex located?
The property is located at 2123 Amory Court Ridgewood, NY.
What is the asking price?
The asking price for this property is $1,888,000.
What are key features of this property?
This property features: Fully renovated 2‑family home built in 1965 with approx. 3,300 SF of living space on a 2,991 SF lot; 6 bedrooms and 2 full bathrooms, with three bedrooms and a full bathroom on each floor; Hardwood and tile flooring, granite kitchen with an oversized island, and updated windows
