Discover a prime investment opportunity in the heart of Ridgewood, Queens. This six-unit, rent-stabilized property offers a stable income stream and is situated in one of New York City's most vibrant neighborhoods. Units: 6 rent-stabilized apartments with annual gross Rent Roll: $113,661 with a Net Operating Income (NOI): $70,191 Recent Upgrades: New boiler installed in 2024; two units feature renovated bathrooms, Ridgewood is renowned for its diverse culinary scene, historic charm, and strong community spirit. Residents enjoy easy access to public transportation, including the M and L subway lines, facilitating convenient commutes to Manhattan and Brooklyn.
Listing By
Agency Name: Charles Rutenberg Realty Inc
Agency Contact: rpfeffer@crrli.net
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
1015 Seneca Avenue | MLS# 979762
This commercial property located at 1015 Seneca Avenue , Ridgewood, NY 11385 is currently listed for sale with an asking price of $1,295,000. Search Ridgewood real estate on www.coldwellbankerchoice.com today.