MLS#1007752
STATUSActive
PROPERTY TYPECommercial -
SCHOOLContact Agent
Property Description
Investor's Dream in Prime Ridgewood,Queens! This well-maintained 6-Family building offers a rare opportunity to own a stable, income-producing asset in one of Queens' most sought-after neighborhoods. The property features **Six Residential Units, all configured as spacious 2-bedroom, 1-bathroom apartments**, a highly desirable layout that continues to attract strong tenant demand. With a proven rental history, the building generates **$106,500 in annual gross rental income** and produces approximately **$73,400 in net operating income**, offering an attractive **7.73% cap rate** at the asking price of **$950,000**. Located in the heart of Ridgewood, residents enjoy easy access to popular restaurants, caf?s, boutique shopping, parks, nightlife, and multiple public transportation options. The neighborhood's strong rental demand, vibrant atmosphere, and convenient access to Brooklyn and Manhattan make this an excellent long-term investment opportunity. Whether you're looking to expand your portfolio or secure a foothold in one of New York City's most resilient rental markets, this income-producing property checks all the boxes. Don't miss this opportunity to own a cash-flowing multifamily asset in a prime Ridgewood location.
Property Features
Property Type: Commercial -
Basement: Finished
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Radiant
Home Style: Row Dwelling
Lot Size: 0.06 Acres
Taxes: $14,361
Year Built: 1930
Feature Descriptions
Building Area Total: 4875
Days on Site: 2
Exterior: Brick
Flooring: Hardwood
Heating Zones: 1
On Market Date: 2026-06-03
Parcel Number: 03432-0016
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 6
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Water: Public
Local Schools
School District: Contact Agent
Listed By / Shown By
Listing By
Agency Name: Annkey Realty, Inc.
Agency Phone: 347-553-2661
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
Disclaimer:
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1718 Himrod Street | MLS# 1007752
This commercial property located at 1718 Himrod Street, Ridgewood, NY 11385 is currently listed for sale with an asking price of $950,000. Himrod Street is located within the Contact Agent school district. Search Ridgewood real estate on www.coldwellbankerchoice.com today.