Ed Wieckowski
1718 Himrod Street, Ridgewood, NY, 11385
1930
Row Dwelling
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, cafés, 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.
Status:
Active
Type:
Commercial
Units:
6
Heating:
Radiant
Cooling:
Wall/Window Unit(s)
Basement:
Finished
Parking:
On Street
Acreage:
0.06
Est. Taxes:
$14,361
Assessment
$357,300
Construction
Brick
Utilities
Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
School District:
Contact Agent
Days on Market:
1
MLS #:
1007752
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Annkey Realty, Inc. 347-553-2661