Two-Family Duplex with Finished
6728 Forest Ave, Ridgewood, NY 11385
For Sale
$1,250,000
Pending
Residential Income, Ridgewood, NY
Property Size2,100 SF
Lot Size0.05 Acres
Days on Market187
Property Features for 6728 Forest Ave
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Basement
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
Lot size
Additional Details
Mixed-Use Components
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Number of units
Building materials
Listing Agency:
Winzone Realty Inc
(718) 899-7000
Listed By:
Jenny A. Aguero Rios
(347) 603-3490
Added: May 6
Changed: Nov 6
Last Checked: Nov 8 at 2:06AM
MLS# 995709
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
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This semi-detached two-family duplex offers approximately 2,100 square feet across 11 rooms, including 6 bedrooms and 3 full bathrooms. The property includes a finished basement, a first-floor layout with mixed-use potential, and a second-floor residential apartment. R5B/C1-4 zoning allows residential and commercial use on the first floor, supporting options such as a professional office, storefront, medical practice, or studio. The building is constructed with brick and frame materials and was built in 1930. Natural gas hot-water heating, wall/window cooling units, public water, and public sewer are in place. The property is delivered vacant and includes a 22.67 x 84.08 IRR lot with an 18 x 52 building footprint.
Located at 6728 Forest Ave in Ridgewood, the property is steps from the M and L trains and multiple bus lines, including Q39, Q58, B13, B20, Q98, and Q55. Shopping, restaurants, cafes, and places of worship are also nearby.
Located at 6728 Forest Ave in Ridgewood, the property is steps from the M and L trains and multiple bus lines, including Q39, Q58, B13, B20, Q98, and Q55. Shopping, restaurants, cafes, and places of worship are also nearby.
Key Highlights
- Two‑family duplex with approximately 2,100 square feet of living space
- 11 rooms with 6 bedrooms and 3 full bathrooms
- Finished basement and 18 x 52 building size
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,140
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,382,800
$1.4M
Cap Rate 7%
$987,714
$987.7K
Cap Rate 9%
$768,222
$768.2K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$105.8K $50.40/SF
− Vacancy
−$13.7K −$6.50/SF
EGI
$92.2K $43.90/SF
− OpEx
−$23.0K −$10.97/SF
NOI
$69.1K $32.92/SF
Area
Queens County, NY
Vacancy
12.90%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,382,800
Cap Rate 7%
$987,714
Cap Rate 9%
$768,222
Alternative Uses
Best Use
Office B
$987.7K
$864.3K – $1.15M
NOI $69,140 @ 7.0% cap · market cap 5.53%
Second Best
Apartment 5plus
$733.3K
$641.7K – $855.6K
NOI $51,333 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$1.55M
$1.35M – $1.81M
NOI $108,370 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
4,590
Businesses Nearby
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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
$842,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Ridgewood, NY
Properties on Market for Duplexes in Ridgewood
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Semi-detached brick-and-frame residence with finished basement, mixed-use first-floor potential, and an upper-level apartment.
Where is this duplex located?
The property is located at 6728 Forest Ave Ridgewood, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two‑family duplex with approximately 2,100 square feet of living space; 11 rooms with 6 bedrooms and 3 full bathrooms; Finished basement and 18 x 52 building size
