Listing courtesy of Compass
71-01 Cooper Avenue, #3FAM, Queens, (Glendale), NY, 11385
14 rooms
7 beds
4 Full / 1 Half baths
2005
7101 Cooper Avenue, Ridgewood, NY 11385 Fully Occupied 3-Family | Built 2005 | 3,507 Sq Ft | Package Deal Opportunity Exceptional opportunity to acquire a fully occupied, income-producing 3-family property in the heart of Ridgewood. Constructed in 2005, this modern 20 x 54 building offers approximately 3,250 square feet of livable space, featuring well-proportioned boxed rooms throughout for maximum layout efficiency and rental appeal. Each unit includes: Renovated kitchens Updated bathrooms High-efficiency lighting Clean, modern finishes Tenants are responsible for their own gas, electric, and heat, keeping operating expenses streamlined. The owner covers only property taxes, water, and insurance — creating a predictable and investor-friendly expense structure. The second and third-floor units each feature private balconies, while the first-floor unit enjoys direct access to the backyard — a strong tenant retention feature. Additional Value-Add Potential The property also offers: Opportunity to create a recreational space in the basement Potential to duplex the first floor with the basement (subject to approvals) This provides flexibility for increased rental income or an enhanced owner-user configuration. Rare Package Deal Opportunity This property is being offered together with the adjacent building, creating a rare assemblage opportunity that includes: Four total parking spaces Two-car garage Additional outdoor parking Backyard space Income-producing properties with dedicated parking in Ridgewood are increasingly scarce — making this a standout portfolio acquisition. Ideal For: • Investors seeking stable cash flow • 1031 exchange buyers • Portfolio expansion • End-users looking to offset mortgage with rental income Located in prime Ridgewood near transportation, shopping, restaurants, and neighborhood amenities. A rare opportunity to secure a well-built (2005) income-producing asset with expansion potential in one of Queens’ strongest rental markets.
Status:
Active
Town:
Queens
Type:
Multi-family
Laundry Remarks:
SeeRemarks
Zoning:
R5D
Building Type:
House
Cooling:
Unknown Type
Levels:
3
Maintenance:
0.0000
Amenities:
Outdoor Parking;
Pet Policy:
No Pets
Service Level:
Voice Intercom
Built Size:
20'x54'
OLR #:
RLS20074072
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