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$ 1,275,000
Est. payment | /mo
2,844 Sqft Lot
$ 1,275,000
Est. payment | /mo
2,844 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 950719
Rental Info No
Year Built 1930
Annual Tax Amount $24,401
Lot Size 2,844 Sqft
Acres 0.0653
Property Sub-Type Multi Family
Source onekey2
Property Description
Priced to Sell – 6-Family Building in the Heart of Ridgewood
Excellent opportunity to acquire a well-maintained 6-family multifamily building in one of Ridgewood's most historic and desirable sections. The landlord has reserved one vacant unit, allowing for immediate owner occupancy or ease of showing. An owner-occupant can live rent-free while offsetting the mortgage with five income-producing units, or an investor may fully lease the property to maximize returns.
This classic property is in very good condition and offers strong long-term investment potential. Located within the Ridgewood Historic District
All apartments are railroad-style layouts:
· Left-side units: 3 bedrooms / 1 bathroom
· Right-side units: 2 bedrooms / 1 bathroom
The property is ideally situated just 0.3 miles from the M Train at Fresh Pond Road and steps from multiple bus lines offering direct access to Atlas Park, Queens Center Mall, and the first stop on the M line. Centrally located near local restaurants, retail shops, grocery stores, and with convenient access to neighboring neighborhoods.
A solid asset with flexibility, location, and upside—ideal for both investors and end users.
**Prospective Purchaser must be aware of Rent Stabilization Laws**
122k Gross Income, For an Offering Memorandum/Income and Expenses please reach out to:
Yianni Bachas
Excellent opportunity to acquire a well-maintained 6-family multifamily building in one of Ridgewood's most historic and desirable sections. The landlord has reserved one vacant unit, allowing for immediate owner occupancy or ease of showing. An owner-occupant can live rent-free while offsetting the mortgage with five income-producing units, or an investor may fully lease the property to maximize returns.
This classic property is in very good condition and offers strong long-term investment potential. Located within the Ridgewood Historic District
All apartments are railroad-style layouts:
· Left-side units: 3 bedrooms / 1 bathroom
· Right-side units: 2 bedrooms / 1 bathroom
The property is ideally situated just 0.3 miles from the M Train at Fresh Pond Road and steps from multiple bus lines offering direct access to Atlas Park, Queens Center Mall, and the first stop on the M line. Centrally located near local restaurants, retail shops, grocery stores, and with convenient access to neighboring neighborhoods.
A solid asset with flexibility, location, and upside—ideal for both investors and end users.
**Prospective Purchaser must be aware of Rent Stabilization Laws**
122k Gross Income, For an Offering Memorandum/Income and Expenses please reach out to:
Yianni Bachas
Location
State NY
County Queens
Rooms
Basement Finished
Interior
Heating Steam
Cooling Wall/Window Unit(s)
Flooring Hardwood
Fireplace No
Exterior
Parking Features On Street
Utilities Available Trash Collection Public
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by Amorelli Realty LLC • John P. Bachas
Nearby Locations
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70 Charles Lindbergh Blvd #201, Uniondale, New York, 11553, USA