Property summary
This exceptional mixed-use property at 1639 Summerfield St., Ridgewood, NY 11385, presents a compelling investment opportunity. The fully updated legal two-family dwelling boasts a finished basement and a substantial backyard with convenient front-to-back access. Both apartments have undergone significant renovations. The first-floor unit, currently occupied, features a 3-bedroom, 1-bathroom layout with a new kitchen and bathroom, stainless steel appliances, and updated electrical and… plumbing. The second-floor unit, a vacant 3-bedroom, 1.5-bathroom apartment, is also fully renovated with new kitchen and bathroom, stainless steel appliances, and updated electrical and plumbing. The finished basement includes a full bath and two recently installed electrical panels. This property benefits from its strategic location, just half a block from the L train and close to houses of worship, schools, buses, shopping, restaurants, and breweries. The surrounding area is experiencing rapid development, with nearby new constructions including a 52-unit development and a 132-room hotel with commercial space. Further highlighting the growth potential, the neighboring Western Beef has been demolished to make way for a new multi-unit development, and extensive renovations are underway on other properties in the immediate vicinity. This property also possesses significant Air Rights of 3,026 sq. ft., offering potential for expansion. The Air Rights can be purchased separately. The owner is open to considering all offers.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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