1718 Himrod Street, Ridgewood, NY 11385
- $950,000
- List Price
- $950,000
- MLS#
- 1007752
- Number Of Families
- 6
- Status
- ACTIVE
- Lot Size
- 2500
Property 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.
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Additional Information
- Year Built
- 1930
- Style
- Row Dwelling
- School District
- Contact Agent
- Total Taxes
- 14361
- Heating
- Radiant
- Parking
- On Street
- Basement
- Finished
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $14,361
Mortgage Calculator
Listing courtesy of Listing Agent: Thinley Yangkyi (ty@annkey.com) from Listing Office: Annkey Realty, Inc..
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.