Six-Unit Apartment
For Sale
$1,349,000
862 Woodward Avenue, Ridgewood, NY 11358
Residential, Ridgewood, NY
Property Size5,775 SF
Lot Size0.06 Acres
Price / SF$233.59
Days on Market210
Property Features for 862 Woodward Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6B
Bedrooms
15
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 14, Bedroom 1, Bedroom 11, Bedroom 2, Bathroom 6, Bedroom 15, Bedroom 4, Bathroom 2, Bedroom 10, Bedroom 7, Bathroom 3, Bathroom 4, Bedroom 12, Bedroom 8, Bathroom 5, Bedroom 6, Bedroom 5, Bathroom 1, Bedroom 9, Bedroom 13, Bedroom 3
Subdivision
Ridgewood
Standard status
Active
Size
5,775 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
19554
Building Details
Year built
1930
Floors in Building
3
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
Dazhi (Simon) Su
(718) 612-3088
Added: Apr 2
Changed: Oct 21
Last Checked: Oct 28 at 2:06PM
MLS# 500211
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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
Based on property information with market context.
This six-family apartment building at 862 Woodward Avenue in Ridgewood includes three 3-bedroom apartments and three 2-bedroom apartments in a railroad-style layout. The building measures 27.5x70 on a 27.5x100 lot and was built in 1930. Separate utility metering includes 7 gas meters and 7 electric meters.
Recent improvements include a roof replaced in 2022, a new skylight, a basement front entrance door, and a new boiler installed in 2023. The property is zoned R6B and carries a stated 7% cap rate. DHCR information is available upon request.
Recent improvements include a roof replaced in 2022, a new skylight, a basement front entrance door, and a new boiler installed in 2023. The property is zoned R6B and carries a stated 7% cap rate. DHCR information is available upon request.
Key Highlights
- Six‑family apartment building with three 3‑bedroom and three 2‑bedroom apartments
- Building size: 27.5x70; lot size: 27.5x100
- 7 gas meters and 7 electric meters
Property Analytics
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
4,590
Businesses Nearby
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Business Placement
Demographics for 11358, NY
40,435
Population
13,806
Households
2.9
Avg Household Size
43
Median Age
37%
College-Educated
84%
High-School Grad
2.0 sq mi
ZIP Area
20,218
Density / Sq Mi
$88,729
Median Household Income
$46,875
Median Earnings
$2,086
Median Rent
$967,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Six-family property with updated major building systems and a balanced two- and three-bedroom unit mix.
Where is this apartment building located?
The property is located at 862 Woodward Avenue Ridgewood, NY.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: Six‑family apartment building with three 3‑bedroom and three 2‑bedroom apartments; Building size: 27.5x70; lot size: 27.5x100; 7 gas meters and 7 electric meters
