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5,775 sqft

$1,349,000

862 Woodward Avenue, Ridgewood NY, 11385

Price per sqft$233.59
Built in1930
Property size5,775 sqft
Property typeCommercial
Courtesy of RE/MAX Edge, Dazhi Su Listing Contact: 718-288-3835

Overview

Active

Listed Apr 3, 2026

Updated Aug 21

Turnkey six (6) family building in prime Ridgewood, 7% cap rate, well-maintained, railroad style. 7 gas meters and 7 electric meters. Three 3-bedroom apartments and three 2-bedroom apartments. New roof replaced in 2022, new skylight, basement front entrance door, and new boiler in 2023. Close to 5,800 square feet of interior space, building size is 27.5x70, lot size is 27.5x100. Property tax is $19,650. Close to $130,000 great NOI, 7% cap rate. Excellent location, close to all. DHCR available upon request. Motivated seller

Additional information

MLS® ID
980446

Interior Features

Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.06 Acres

Other Property Details

Taxes
$19,554
Tax Frequency
Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Alex Dzhurayev shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 9:52 PM UTC on 8/21/2026. 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.

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