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6-Unit Rent-Stabilized Apartment Building
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959 Seneca Avenue, Ridgewood, NY 11385

Fully occupied property with updated kitchens and bathrooms, new appliances, and digital doorman access.

Property Size5,850 SF
Lot Size0.06 Acres
Days on Market123

Property Features for 959 Seneca Avenue

General Information

Standard status Active
Size 5,850 SF
Lot size 0.06 Acres
Property subtype Multifamily
Zoning C4-3A
Occupancy 100%
Investment Type Stabilized
Net Operating Income $70,062

Additional Details

Public Transit Yes
Multifamily Units 6

Amenities

digital doorman system
brand new appliances

Building Details

Year Built 1931
Buildings 1
Stories 3
Units 6
Tenancy Multi
Listing Agency: Evergreen Realty and Investments
Listed By: Daniel Barcelowsky · License #NY
Source: Crexi
Added: May 1 Changed: Aug 30 Last Checked: Aug 30 at 3:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Evergreen Realty and Investments

Investment Insights

Based on property information with market context.

This 6-unit apartment building contains six occupied, rent-stabilized residences with a mix of two-bedroom and three-bedroom layouts. The 5,850-square-foot property includes remodeled kitchens and bathrooms, brand new appliances, and a digital doorman system. Average unit size is approximately 975 square feet. Constructed in 1931, the building sits on a 26 x 107.33 lot totaling 2,791 square feet.

The property is zoned C4-3A and offers approximately 2,500+ square feet of additional buildable area under FAR 3. Myrtle–Wyckoff L & M trains are a 5-minute walk away, providing nearby subway access from the Ridgewood location.

Key Highlights

  • Six occupied, rent‑stabilized residential units
  • 5,850 sq ft building on a 2,791 sq ft lot
  • Two‑bedroom and three‑bedroom layouts; average unit size ~975 sq ft

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Acupuncture Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

4,580
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied property with updated kitchens and bathrooms, new appliances, and digital doorman access.
Where is this apartment building located?
The property is located at 959 Seneca Avenue Ridgewood, NY.
What are key features of this property?
This property features: Six occupied, rent‑stabilized residential units; 5,850 sq ft building on a 2,791 sq ft lot; Two‑bedroom and three‑bedroom layouts; average unit size ~975 sq ft
(646) 373-7944 Call to check price and availability
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