Ridgewood Turnkey Six-Family
862 Woodward Avenue Ridgewood, NY 11358
For Sale
$1,349,000
MULTI_FAMILY - Ridgewood, NY
Property Size5,775 SF
Lot Size0.06 Acres
Price / SF$233.59
Days on Market120
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
Listing Agency:
RE/MAX Edge
(718) 612-3088
Listed By:
Dazhi (Simon) Su
(718) 612-3088
Added: Apr 2
Changed: Jun 8
Last Checked: Jul 30 at 4:06AM
MLS# 500211
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Investment Insights
Based on property information with market context.
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.
Key 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
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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
