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Ridgewood Turnkey Six-Family Building

862 Woodward Avenue, Ridgewood, NY 11358

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For Sale

$1,349,000

MULTI_FAMILY - Ridgewood, NY

Property size:

5,775 SF

Lot size:

0.06 Acres

Price / SF:

$233/SF

HighLights

Turn‑of‑the‑century (1930) six‑family building with a 3/3 mix: three 3‑bedroom units and three 2‑bedroom units
Railroad‑style layout; building dimensions 27.5 x 70 on a 27.5 x 100 lot
Utilities metered separately: 7 gas meters and 7 electric meters
Roof replaced in 2022; new skylight; basement front entrance door replaced; new boiler installed in 2023
Interior space reported at about 5,800 SF
Reported 7% cap rate; property tax listed as $19,650; DHCR available upon request

We can help!

Listing Contact

Dazhi (Simon) Su

For Sale

$1,349,000

MULTI_FAMILY - Ridgewood, NY

Property size:

5,775 SF

Lot size:

0.06 Acres

Price / SF:

$233/SF

Added:: Apr 2, 2026
Days on Market:: 74
Last Refresh:: Jun 14 at 10:06 pm

Property Features for 862 Woodward Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R6B
Bedrooms: 15
Bathrooms: 6
Rooms: Bedroom 10, Bedroom 11, Bathroom 6, Bedroom 15, Bedroom 1, Bedroom 14, Bedroom 4, Bathroom 3, Bathroom 5, Bathroom 2, Bedroom 9, Bedroom 12, Bedroom 6, Bathroom 1, Bedroom 13, Bedroom 2, Bedroom 7, Bathroom 4, Bedroom 5, Bedroom 3, Bedroom 8
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

We can help!

Listing Contact

Dazhi (Simon) Su

Listing agent Dazhi (Simon) Su

Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY

Listing date Apr 2, 2026

MLS# 500211 Listing URL

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.

HighLights

Turn‑of‑the‑century (1930) six‑family building with a 3/3 mix: three 3‑bedroom units and three 2‑bedroom units
Railroad‑style layout; building dimensions 27.5 x 70 on a 27.5 x 100 lot
Utilities metered separately: 7 gas meters and 7 electric meters
Roof replaced in 2022; new skylight; basement front entrance door replaced; new boiler installed in 2023
Interior space reported at about 5,800 SF
Reported 7% cap rate; property tax listed as $19,650; DHCR available upon request

Overview

This is a turnkey six-family building located in Ridgewood. The property features approximately 5,800 square feet of interior space. The building dimensions are 27.5x70, situated on a lot size of 27.5x100. The building is comprised of three 3-bedroom apartments and three 2-bedroom apartments. There are 7 gas meters and 7 electric meters. A new roof was installed in 2022, and a new skylight, basement front entrance door, and boiler were installed in 2023. The property has an excellent location and is close to all amenities. The property tax is $19,650. The net operating income (NOI) is close to $130,000, with a 7% cap rate. DHCR information is available upon request.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Ridgewood
County: Queens
State: New York
Longitude: -73.902418
Latitude: 40.702671

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For sale
Apartment buildings
NY
Ridgewood
11358
862 Woodward Avenue

What type of property is this?

Apartment building - Well-maintained, six-family building in prime Ridgewood location.

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: Turn‑of‑the‑century (1930) six‑family building with a 3/3 mix: three 3‑bedroom units and three 2‑bedroom units; Railroad‑style layout; building dimensions 27.5 x 70 on a 27.5 x 100 lot; Utilities metered separately: 7 gas meters and 7 electric meters

862 Woodward Avenue, Ridgewood, NY 11358

MULTI_FAMILY - Ridgewood, NY

Property Features for 862 Woodward Avenue

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Ridgewood Historic District Two-Family Townhouse

Renovated Two-Family Home with Views

Renovated Two-Family Home with Views

Ridgewood Six-Unit Income Property

Mixed-Use Investment in Ridgewood, NY

Ridgewood Two-Family Restoration Opportunity

Three-Family Triplex with Garage

Ridgewood Mixed-Use Investment Opportunity

Ridgewood Six-Family Brick Building

Ridgewood Multifamily Investment Opportunity

Ridgewood Mixed-Use Investment Opportunity

Two-Family Home with Development Potential

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