Discover a prime investment opportunity in the heart of Ridgewood, Queens. This six-unit, rent-stabilized property offers a stable income stream and is situated in one of New York City's most vibrant neighborhoods. Units: 6 rent-stabilized apartments with annual gross Rent Roll: $113,661 with a Net Operating Income (NOI): $70,191 Recent Upgrades: New boiler installed in 2024; two units feature renovated bathrooms, Ridgewood is renowned for its diverse culinary scene, historic charm, and strong community spirit. Residents enjoy easy access to public transportation, including the M and L subway lines, facilitating convenient commutes to Manhattan and Brooklyn.
Listing By
Agency Name: Charles Rutenberg Realty Inc
Agency Contact: rpfeffer@crrli.net
Shown By
Agent Name: TEAM Property Sisters
Agent Phone: (516) 233-9700
Agency Title: Howard Hanna | Coach Realtors
1015 Seneca Avenue | MLS# 979762
This commercial property located at 1015 Seneca Avenue , Ridgewood, NY 11385 is currently listed for sale with an asking price of $1,295,000. Search Ridgewood real estate on www.hopeandfaithpropertysisters.com today.