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Listed price in listed location currency (USD).
$950,000

000

MLS® 1007752

Overview

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $14,361
Days Active 0
Lot Size 
Approx. Age 1930
MLS® Number 1007752

Property Address: 1718 Himrod St, Ridgewood, NY, 11385-1414

Average square foot calculated using Size range provided by listing agent.

Description

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. **Contact us today for additional financials and property details.**
MLS® Number1007752
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1930
BasementFinished
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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