$1,390,000

Estimated payment $9,214/month

Total Views 2,952
18 Beds
6 Baths
5,200 Sq Ft
$267 Price per Sq Ft

Highlights

  • Heating System Uses Steam
  • 3-minute walk to Seneca Avenue
  • 4-minute walk to Rosemary's Playground
  • Back Yard

About This Home

Six family solid brick building for sale in Ridgewood, Queens. Every unit features three bedroom and one full bathroom. It's well kept building and generates 4.4% cap rate. The basement has front and rear entrance, interior staircase leads to the spacious basement. Minutes away to business district on Myrtle Avenue. You would start collecting incomes at the same day when you close the deal.

Listing Agent

Rui (Nancy) Wu

Listed on: 07/11/2025

Co-Listing Agent

Jian (Carey) Yang

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,681

Year Built

  • Built in 1931

Lot Details

  • 2,717 Sq Ft Lot
  • Lot Dimensions are 100 x 27
  • Back Yard

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 5,200 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 3464

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $5,750
  • Insurance Expense $4,200
  • Utility Expense $700
  • Gross Income $98,836
  • Net Operating Income $61,305

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,681

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Total Bathrooms: 6.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Baths Total Level3: 2.00
  • Beds Total Level1: 6
  • Beds Total Level2: 6
  • Beds Total Level3: 6
  • Borough: Queens
  • Building Footprint Sq Ft: 1836
  • Building Length: 68.00
  • Building Width: 27.00
  • Co List Office Mls Id: 117120
  • Co List Office Phone: (718) 838-2600
  • Confirmed By M L S Y N: Yes
  • Cross Street: Seneca Avenue
  • Cross Street Name2: Onderdonk Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 6
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Stove
  • Rooms Total Level1: 10
  • Rooms Total Level2: 10
  • Rooms Total Level3: 10
  • Fill Sq Ft Total: 5200
  • Building Stories: 3
  • Street Name I D X: Putnam
  • Street Number I D X: 1822
  • Building Style: Triplex
  • Waterfront Present: No
  • Year Built: 1931
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 18
  • Flooring: None
  • Lot Sq Ft: 2717
  • Total Rooms: 30

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 23
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 5750.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 27
  • Zoning: R6B

Rental Info

  • Rent Income: 8236

Multi Family

  • Annual Gross Expense: 37530.72
  • Annual Gross Income: 98836
  • Insurance Expense: 4200.00
  • Property Net Operating Income: 61305.36
  • Unit Count: 6
  • Annual Utility Expenses: 700.00

Tax Info

  • Flip Tax Amount: 19680.72

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $1,390,000 -- $267 / Sq Ft
Source: Brooklyn Board of REALTORS®

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Source: Brooklyn Board of REALTORS®

MLS Number: 494130

Brooklyn Board of REALTORS®

APN: 03463-0023