$3,075,000

Estimated payment $17,409/month

-- Bed
6 Baths
5,625 Sq Ft
$547 Price per Sq Ft

Highlights

  • Property is near public transit and bus stop
  • Wood Flooring
  • Corner Lot

About This Home

Corner mixed-use building in a strong residential and retail corridor Free market, income-producing asset Fully gut-renovated building Four spacious two-bedroom apartments with hardwood floors Two established commercial spaces (daycare and restaurant) Fully finished basement featuring two offices and a private bathroom 5,625 SF building (approx) First floor is ~25'x100', second and third floor are 25'x64' Strong in-place income: $255,354 annual gross with upside NOI: $202,043 6.59% cap rate at asking 7.06% potential cap rate Well maintained and professionally managed Stable tenant mix Commercial tenants cover 40% of property taxes + 50% of DEP Charges Surrounded by established restaurants, cafés, and neighborhood businesses Minutes to Bushwick and Williamsburg, blocks from the L and M trains. Exceptional long-term investment opportunity in one of Queens' most sought-after neighborhoods All boilers replaced within the last 5 years Plumbing systems upgraded within approximately the last 20 years Electrical systems upgraded within approximately the last 20 years Exterior masonry pointed within approximately the last 20 years Major capital improvements already completed Mechanically modernized with low deferred maintenance profile

Listing Agent

Emma Barattini

EVERGREEN REALTY & INVESTMENTS Listed on: 02/25/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 2,500 Sq Ft Lot
  • Corner Lot

Interior Spaces

  • 5,625 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Finished Basement

Location

  • Property is near public transit and bus stop

Community Details

  • Ridgewood Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Percent Basement Finished: Yes
  • FloorHardwood: Yes
  • HamletID: 0
  • LandRentAmount: 0
  • NearBus: Yes
  • NearTrain: Yes
  • Number Of Stories: 3
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: RIDGEWOOD
  • PropertyTownship: QUEENS
  • Prop. Type: Multi-Unit (5+)
  • Renovation Year: 0
  • SForSaleAndRForRental: S
  • USStateAbbreviation: NY
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Fireplaces: 0
  • AboveArea Sq Ft: 5625

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Lot Info

  • Lot Size Sq Ft: 2500
  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 0
  • Total Taxes: 0

Tax Info

  • Tax Year: 0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $18,813 $162,517 $37,798 $124,719
2024 $18,813 $150,480 $42,004 $108,476
2023 $17,420 $139,335 $35,521 $103,814
2022 $15,785 $531,900 $133,650 $398,250
2021 $15,826 $481,950 $133,650 $348,300
2020 $15,593 $468,000 $133,650 $334,350
2019 $14,599 $389,880 $133,650 $256,230
2018 $13,632 $107,181 $44,090 $63,091
2017 $12,623 $99,243 $43,029 $56,214
2016 $12,794 $99,243 $43,029 $56,214
2015 $7,691 $96,164 $52,213 $43,951
2014 $7,691 $89,042 $56,628 $32,414
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2026 02/25/26 For Sale $3,075,000 -- $547 / Sq Ft
Source: NY State MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $185,000 Commercial
Source: Public Records

Source: NY State MLS

MLS Number: 11662546

NY State MLS

APN: 03435-0039

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