$1,799,000

Estimated payment $11,011/month

Total Views 402
12 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Flooring
  • Secure Lobby
  • Back Yard

About This Home

Let us presents an exceptional investment opportunity in the heart of Ridgewood. This six-family building is comprised of six spacious two-bedroom, one-bathroom apartments, each designed with functional layouts that maximize living space and natural light.

The property offers investors strong income potential with stable tenancy and a desirable unit mix that appeals to a wide range of renters. Each apartment features comfortable living areas, well-proportioned bedrooms, and classic finishes that provide both practicality and charm.

With its solid construction and well-maintained condition, this building is ideal for long-term ownership or value-add strategies. The configuration of multiple two-bedroom units makes it an attractive asset for both end users seeking rental income and seasoned investors looking to expand their portfolio.

This property stands as a rare find—a true six-family property with consistent rental demand and enduring appeal.

Listing Agent

Alla Ioffe

Exclusive Properties Realty In Listed on: 08/22/2025

Co-Listing Agent

Juda Niayzov

Exclusive Properties Realty In

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,497

Year Built

  • Built in 1930

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back Yard

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 3-Story Property
  • Finished Basement

Kitchen

  • Stove
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 3434

Community Details

Building Details

  • Fuel Expense $7,000
  • Insurance Expense $5,500
  • Utility Expense $500
  • Gross Income $542,880
  • Net Operating Income $58,000

Additional Features

  • 6 Units
  • Secure Lobby

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,497

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 6.00
  • Beds Total Level1: 4
  • Beds Total Level2: 4
  • Beds Total Level3: 4
  • Borough: Queens
  • Co List Office Mls Id: 119830
  • Co List Office Phone: (718) 916-4618
  • Confirmed By M L S Y N: Yes
  • Cross Street: Bleeker
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Air
  • Number Of Families: 6
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Microwave, Refrigerator, Stove
  • Rooms Total Level1: 8
  • Rooms Total Level2: 8
  • Rooms Total Level3: 8
  • Building Stories: 3
  • Street Name I D X: Onderdonk
  • Street Number I D X: 508
  • Year Built: 1930
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 12
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2500
  • Total Rooms: 24

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Block
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 33
  • Roof: Asphalt/Tar

Utilities

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

Fee Information

  • Annual Fuel Expense: 7000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R6B

Rental Info

  • Rent Income: 45240

Multi Family

  • Annual Gross Expense: 12500.00
  • Annual Gross Income: 542880
  • Insurance Expense: 5500.00
  • Property Net Operating Income: 58000.00
  • Unit Count: 6
  • Annual Utility Expenses: 500.00

Tax Info

  • Flip Tax Amount: 14497.00

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
08/22/2025 08/22/25 For Sale $1,799,000 -- --
Source: Brooklyn Board of REALTORS®

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Source: Brooklyn Board of REALTORS®

MLS Number: 495231

Brooklyn Board of REALTORS®

APN: 03434-0033