1823 Bleecker St Flushing, NY 11385
Ridgewood NeighborhoodEstimated payment $11,776/month
About This Home
This semi-detached six-family building in Ridgewood features 1,400 SF of unused air rights, a high rent roll, and excellent air and light.The building consists of three free-market units and three rent-stabilized units.All units have one bedroom, one bathroom, and beautiful hardwood flooring and some are fully renovated with dishwashers and washers/dryers.At three stories high, the building is 3,600 SF and measures 20' x 60'.It sits on a 2,500 SF lot measuring 25'x100'.The building has a gross annual income of approximately $168,240 and has a 6.74% actual cap rate.The building is conveniently located just a short walk from the M train at Seneca Avenue and the L train at Dekalb Avenue.This is an excellent opportunity to invest in a 50% free-market building with a high rent roll and air rights in prime Ridgewood.
Property Details
Home Type
- Multi-Family
Community Details
- Flushing Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,801 | $158,380 | $10,311 | $148,069 |
| 2024 | $19,801 | $158,379 | $11,185 | $147,194 |
| 2023 | $18,135 | $147,839 | $11,460 | $136,379 |
| 2022 | $16,838 | $289,800 | $22,500 | $267,300 |
| 2021 | $16,015 | $276,750 | $22,500 | $254,250 |
| 2020 | $15,196 | $303,750 | $22,500 | $281,250 |
| 2019 | $15,365 | $259,740 | $22,500 | $237,240 |
| 2018 | $14,464 | $113,722 | $11,821 | $101,901 |
| 2017 | $13,326 | $104,770 | $2,442 | $102,328 |
| 2016 | $11,750 | $104,770 | $2,442 | $102,328 |
| 2015 | $7,294 | $84,429 | $2,689 | $81,740 |
| 2014 | $7,294 | $84,429 | $2,824 | $81,605 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2025 10/22/25 | Price Changed | $1,950,000 | +2.6% | -- |
| 10/17/2025 10/17/25 | For Sale | $1,900,000 | -- | -- |
Source: NY State MLS
MLS Number: 11592209
APN: 03434-0043
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