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10-15 Seneca Avenue Ridgewood, NY 11385
$1,320,000
  • Commercial
  • Year Built 1931
  • Multi Family
  • ML# 850334

Property Details

Overview

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 apartmentsGross Rent Roll: $110, 115 annuallyNet Operating Income (NOI): $76, 042Building Size: 5, 712 sq ftLot Size: 2, 800 sq ftStories: 3Year Built: 1931Recent Upgrades: New boiler installed in 2024; two units feature renovated bathroomsRidgewood 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.

Key Facts

  • Lot Sq Ft: 2800
  • Taxes: $15,206
  • Sale or Rent: Sale

Additional Features

  • Construction Materials: Block, Brick
  • Stories: 3

Interior & Utilities

  • Heat: Forced Air
  • A/C: None
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $15,206
Listing Information provided courtesy of Charles Rutenberg Realty Inc  doula@rutenbergnyc.com
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