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15 Beds

6 Bathrooms

5,775 Building Sqft

2,742 Lot Sqft

$1,399,000

862 Woodward Avenue, Ridgewood, New York, 11358

About 862 Woodward Avenue

Active Multi-Family

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 27.5×70, lot size is 27.5×100. 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.

Features of 862 Woodward Avenue

MLS® #
496904
Bedrooms
15
Bathrooms
6
Acres
0.06
Type
Residential
Price
$1,399,000
Building Sqft
5,775
Year Built
1930
Sub-Type
Multi-Family

Community Information

Address
862 Woodward Avenue
City
Ridgewood
County
Queens
State
New York
Zip Code
11358

Listing Information

Agent Name
Dazhi (Simon) Su
Agent Office
RE/MAX Edge

Listing Map

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At a Glance

862 Woodward Avenue

Ridgewood, New York, 11358

$1,399,000

15 Beds

6 Bathrooms

5,775 Building Sqft

2,742 Lot Sqft

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