MLS#930045
STATUSActive
PROPERTY TYPECommercial -
SCHOOLContact Agent
Property Description
Extra-wide solid brick 6 family in prime Ridgewood, 1st time on market in decades, turn key property. Well-maintained, railroad style, high-ceiling basement, 7 gas meters and 7 electric meters. Three 3-bedroom apartments and three 2-bedroom apartments. New roof replaced in 2022, new skylight, basement front entrance door, and new boiler in 2023. Close to 5,800 square feet of interior space, building size is 27.5x70, lot size is 27.5x100. Property tax is $19,650. Close to $130,000 gross income and $90,000 NOI, generating 6.4% cap rate at asking price. Excellent location, close to all. Priced to sell. DHCR available upon request.
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Finished, Full
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Lot Size: 0.06 Acres
Taxes: $19,650
Year Built: 1930
Feature Descriptions
Building Area Total: 5775
Days on Site: 152
Exterior: Brick
On Market Date: 2025-10-30
Parcel Number: 03473-0035
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 7
Separate Gas Meters: 7
Sewer: Public Sewer
Units: 6
Utilities: See Remarks
Water: Public
Local Schools
High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent
Listed By / Shown By
Listing By
Agency Name: RE/MAX Edge
Agency Contact: 718-288-3835
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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862 Woodward Avenue | MLS# 930045
This commercial property located at 862 Woodward Avenue, Ridgewood, NY 11385 is currently listed for sale with an asking price of $1,399,000. Woodward Avenue is located within the Contact Agent school district. Search Ridgewood real estate on www.coldwellbankerchoice.com today.