MLS#980446
STATUSActive
PROPERTY TYPECommercial -
SCHOOLContact Agent
Property Description
Turnkey six (6) family building in prime Ridgewood, 7% cap rate, well-maintained, railroad style. 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 great NOI, 7% cap rate. Excellent location, close to all. DHCR available upon request. Motivated seller
Property Features
Property Type: Commercial -
Basement: Finished, Full
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Lot Size: 0.06 Acres
Taxes: $19,554
Year Built: 1930
Feature Descriptions
Building Area Total: 5775
Days on Site: 6
Exterior: Brick
On Market Date: 2026-04-03
Parcel Number: 03473-0035
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
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
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862 Woodward Avenue | MLS# 980446
This commercial property located at 862 Woodward Avenue , Ridgewood, NY 11385 is currently listed for sale with an asking price of $1,349,000. Woodward Avenue is located within the Contact Agent school district. Search Ridgewood real estate on www.coldwellbankerchoice.com today.