Well maintained 6-family rent stabilized building. Property features several capital improvements. Conveniently located to public transportation.
Turnkey Deli & Convenience Store. Excellent opportunity to acquire a fully operational deli and convenience store located in the vibrant Ridgewood neighborhood of Queens. Ideal for owner-operators seeking a manageable, profitable deli/convenience store or entrepreneurs looking to expand into the Ridgewood market or Investors seeking a low-risk, cash-flowing business. Located on a highly visible corner location directly across from Ridgewood Middle School (I.S. 93) surrounded by residential buildings, a public playground, ensuring steady daily foot traffic from students, parents, and local residents. Conveniently located minutes from the M train, this turnkey business is ideal for an owner-operator or investor seeking consistent cash flow with minimal overhead.
Extra-wide solid brick 6 family in prime Ridgewood, 1st time on market in decades, turn key property. Well-maintained, railroad style, high-ceiling basement, 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 gross income and $90,000 NOI, generating 6.4% cap rate at asking price. Excellent location, close to all. Priced to sell. DHCR available upon request.
Incredible opportunity to own a turnkey, income-producing mixed-use brick building in one of Queens’ most desirable and rapidly appreciating neighborhoods. PROPERTY HIGHLIGHTS: * Zoning: R6B – Residential zoning allows for potential future development or expansion (consult architect) * Corner Lot – Excellent exposure and street visibility on a bustling Ridgewood intersection * 3 Residential Units – Fully leased with stable tenants and strong rent roll * 1 Ground-Floor Retail Unit – High-visibility storefront, ideal for continued commercial use * 4 Private Garages – Rare in the area; great for owner use or additional rental income Investment Summary: This is a true turnkey investment offering immediate cash flow and long-term upside in a high-demand rental market. Perfect for 1031 exchange buyers, investors, or owner-users looking for mixed-use flexibility.
Investment Opportunity in Ridgewood, New York Welcome to an exceptional investment property located in the heart of Ridgewood, one of New York’s most established and vibrant neighborhoods. This property offers stability , making it an attractive opportunity for investors and owner-users alike. One unit will be delivered vacant at closing, providing immediate flexibility for personal use or to secure a new tenant . All units are rent-stabilized, ensuring reliable occupancy with solid, long-term tenants. The property benefits from its prime location, with convenient access to public transportation, making commuting to Manhattan and other parts of New York City fast and efficient. Residents enjoy being part of a thriving community with a wide selection of shops, dining, and entertainment just steps away. Whether you are an investor seeking a steady income stream or an owner-user looking to offset your mortgage with rental income, this property offers a unique opportunity. With Ridgewood’s continued growth and strong demand, this is a smart addition to any real estate portfolio.
Solid 6-Family in Prime Ridgewood, NY – Outstanding Investment Opportunity! Well-maintained 6-family property located in the heart of Ridgewood, just minutes from the M & L subway lines. The building generates a gross annual income of $101,000 and features one vacant unit, offering immediate upside potential. The property is in very good condition, features natural gas heating, and is conveniently located near shopping areas, supermarkets, and all neighborhood amenities—
This all-brick, six-family building in the highly sought-after Ridgewood neighborhood presents an exceptional investment opportunity. The property features six spacious two-bedroom apartments along with a full basement, offering additional storage and functionality. Measuring 25 x 75 feet on a 25 x 101-foot lot, the building provides a strong physical footprint and efficient layout. Recent capital improvements include a new roof (2017), a brand-new boiler, new water heaters, storage rooms in the basement, a large skylight in the hallway that brings in abundant natural light, high ceilings, and a beautifully maintained garden yard. These features enhance both tenant appeal and long-term durability, making the property a low-maintenance, income generating asset. Ridgewood charm is further highlighted by its vibrant neighborhood atmosphere. The property is surrounded by a diverse mix of cafés, restaurants, shopping centers, grocery stores, and entertainment venues. Excellent transportation access includes the M line located a short distance away at the Middle Village–Metropolitan Ave station and the M/L MyrtleWyckoff station also within a short distance, providing quick connections to Manhattan, Brooklyn, and Queens. Multiple bus routes, including the Q39, Q58, Q98, and B38 limited, also serve the area, further enhancing connectivity for tenants. Parks, schools, and community amenities are nearby, contributing to Ridgewood’s strong residential demand.
Introducing a rare corner mixed-use asset located at 996 Cypress Avenue in the heart of Ridgewood, Queens. This 4-story walk-up features 15 residential units and 2 commercial spaces, totaling 17 units across 15,744 square feet. Built in 1927, the property sits prominently at the intersection of Cypress Avenue and George Street, offering exceptional street presence and consistent tenant demand. Just 0.1 miles from the L train at Jefferson Street, this is ideally positioned for renters and businesses alike seeking easy access to Manhattan and Brooklyn. With its stable income, strong neighborhood fundamentals, and long term upside potential, this is an outstanding opportunity to own a well-located asset in one of New York City's most dynamic and evolving rental markets.
Thriving Mexican Restaurant with Full Bar in Prime Location Step into a fully operational Mexican restaurant and bar located in a high-traffic, vibrant neighborhood surrounded by popular retail shops, offices, and residential communities. This turnkey opportunity offers everything you need to hit the ground running and capitalize on an established customer base. Highlights: Full Bar & Liquor License – Beautifully designed bar area ideal for happy hour, sports events, and late-night business. Fully Equipped Kitchen – Professional-grade setup ready for high-volume service. Expansive Basement Storage – Includes two walk-in coolers and one walk-in freezer for efficient inventory management. Inviting Dining Atmosphere – Ample seating with authentic décor for a memorable guest experience. Lease Details: Monthly Rent: $10,500 Lease Term: 6 years remaining (with renewal options available). Location Advantages: Situated in a busy commercial corridor with strong foot traffic day and night. Surrounded by trendy boutiques, coffee shops, bars, and residential buildings, ensuring a steady flow of local and visiting patrons. Ideal for dine-in, takeout, and delivery expansion. Growth Potential: Expand hours for brunch, late-night dining, or catering. Leverage the full bar for events, private parties, and community gatherings. Add delivery partnerships or online marketing to boost revenue. This is a rare opportunity to acquire a turnkey restaurant in a prime location with all the infrastructure in place. Perfect for experienced restaurateurs or savvy entrepreneurs ready to build on a proven concept.
508 Onderdonk Avenue presents an exceptional investment opportunity in the heart of Ridgewood. This six-family building is comprised of six spacious two-bedroom, one-bathroom apartments, each designed with functional layouts that maximize living space and natural light. The property offers investors strong income potential with stable tenancy and a desirable unit mix that appeals to a wide range of renters. Each apartment features comfortable living areas, well-proportioned bedrooms, and classic finishes that provide both practicality and charm. With its solid construction and well-maintained condition, this building is ideal for long-term ownership or value-add strategies. The configuration of multiple two-bedroom units makes it an attractive asset for both end users seeking rental income and seasoned investors looking to expand their portfolio. 508 Onderdonk Avenue stands as a rare find—a true six-family property with consistent rental demand and enduring appeal.
Prime 8-Unit Rent-Stabilized Building in Ridgewood - 2 Blocks from the M train Introducing a rare investment opportunity in the heart of Ridgewood, Queens. This well-maintained 8-family brick building offers 9,200 sq ft of living space on a 36x100 lot, zoned R6B. Built in 1930 and substantially renovated in 2020, approximately 90% of the building has been updated with modern finishes while retaining its pre-war charm. The property consists of 1 three-bedroom unit and 7 four-bedroom units, all rent-stabilized, providing steady and reliable cash flow. Tenants are responsible for their own electric and cooking gas, while the landlord covers heat, water, and insurance. Recent upgrades include a full finished basement, updated interiors, and ongoing maintenance that ensures minimal near-term capital expenses. Situated just two blocks from the M train, the property is within walking distance to shops, dining, and essential services, making it a desirable address for tenants. the property offers both stable income and upside potential through continued rent increases in one of NYC's most desirable rental submarkets. Investment Highlights 8 residential units - mix of 1 x 3BR and 7 x 4BR Rent-Stabilized with reliable long-term tenants Gross Income: $191,364 Net Income: $141,964 90% Renovated (modernized interiors, new finishes) Low Maintenance: Professionally managed, clean, and well-kept Transit-Oriented Location: 2 blocks to M train; 30 minutes to Manhattan Upside: Strong demand in Ridgewood + potential package deal with 12 Family In Woodside with an NOI $170K inquire within for more details. Combine with both building will leave you with a total NOI $312K at $5,050,000 That will leave you at a 6% Cap Rate .
Presenting a prime mixed-use opportunity in the heart of Ridgewood, NY. This corner brick building, located at DeKalb Avenue and Onderdonk Avenue, features a 1,500 sq. ft. ground-floor Use Group 4 medical office currently leased for $4,200 per month on a 10-year lease with 3% annual increases and its own central A/C. The second floor offers two spacious two-bedroom, two-bath apartments, each paying $2,200 per month with tenants responsible for all utilities. Both units are currently without leases, creating flexibility for new ownership. Included in the offering is the adjoining property at 18-60 DeKalb Avenue, a two-story structure with three garages renting for $300 each per month and a two-bedroom apartment above earning $2,000 per month. Together, the properties generate a gross annual income of $138,000 with significant upside potential as the residential units are unleased. Conveniently situated just four blocks from the DeKalb L train and close to Wyckoff Hospital, the property benefits from excellent accessibility. The vibrant Bushwick dining scene, eclectic nightlife, and Ridgewood’s neighborhood charm add to the appeal, making this an outstanding opportunity for investors or end-users alike.
Located just two blocks from the Myrtle–Wyckoff L/M subway station, a major neighborhood hub, the location offers strong visibility and connectivity within one of Queens’ most dynamic retail and residential corridors. One of the commercial spaces may have exclusive access to the backyard and basement, making it especially attractive for businesses or professionals seeking privacy and flexibility. This setup is ideal for an end user looking to occupy a space while collecting additional income, or for an investor seeking stable returns with upside potential. The residential units are currently rented below market, offering a clear path to increased income over time. Zoned C4-3A, the property has 2,668 square feet of unused FAR, presenting a potential opportunity to add up to two additional floors, subject to approvals. Importantly, the property is not within the Ridgewood Historic District, so there are no facade restrictions, allowing for greater design and development flexibility. Surrounded by some of Ridgewood’s most loved destinations—including Julia’s, Rolo’s, Topos Bookstore Café, and TV Eye—this location benefits from a strong, growing local culture and steady demand. Whether you're looking for a long-term hold with development potential or a space to both operate and invest, this building checks all the boxes. Doctor Office: $3,700 projected rent Dentist Office $3,700 3% increase lease expires January 1, 2026, 10 year lease Apt 2L $2,400, 3 bedroom, 1 bath, railroad, no lease Apt 2R $2,200, 3 bedroom, 1 bath railroad, no lease Apt 3L $2,400, 3 bedroom, 1 bath, railroad, no lease Apt 3R $2,200, 3 bedroom, 1 bath, railroad, no lease Estimated Expenses: Fuel: $8,496. Water & Sewer: $2,593 Insurance: $3,600 Common Area Electric: $2,458 (includes Doctors Office) Boiler Inspection: $400
New to the market is this brick, semi-attached 6 family building on a quiet tree-lined block in desirable Ridgewood and close to Bushwick. It is conveniently located to schools, parks, transportation and more. Current income totals $120,012 with operating expenses of $46,189. The full unfinished basement has walk-out access to the front and a Bilco door to the backyard.
Calling All Investors, Developers, & End-Users!!! 6,500 Sqft. 6 Unit Apartment Building In Ridgewood For Sale!!! The Property Features Excellent Signage, Great Exposure, R6B/C1-4 Zoning, High Ceilings, 6 Parking Spaces, Separate Meters, Low Property Taxes, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Ridgewood In Between Fresh Pond Road, Myrtle Avenue & Metropolitan Avenue!!! The Property Is Situated Minutes From Queens Center & The Metro Mall!!! Neighbors Include Chase Bank, TD Bank, Northwell Health, Extra Space Storage, Stop & Shop, BJ’s, Key Food, Raymour & Flanigan, Pep Boys, Enterprise Rent-A-Car, Hertz, Blink Fitness, Tiger Schulmann’s Martial Arts, Wendy’s, Taco Bell, CVS, Qdoba, White Castle, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: 1R (2 Br. Duplex): $37,200 Ann.; M-M 1L (2 Br. Duplex).: $48,000 Ann.; M-M. 2R (2 Br. Apt.): $43,800 Ann.; Lease Exp.: 8/31/25. 2L (2 Br. Apt.): $40,800 Ann.; M-M. 3R (2 Br. Apt.): $42,000 Ann.; Lease Exp.: 4/30/26. 3L (2 Br. Apt.): $40,800 Ann.; Lease Exp.: 7/31/25. Gross Income: $252,600 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Hot Water Heater: $3,000 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $4,800 Ann Insurance: $3,830 Ann. Taxes: $15,096.40 Ann. Total Expenses: $26,976.40 Ann. Net Operating Income (NOI): $225,623.60 Ann. (6.45% Cap!!!)
Is Smart Money Investing In One Of The Strongest Rent Growth In The Country? Year After Year RIDGEWOOD Makes The List Of NYC TOP NEIGHBERHOOD And It Is Known For Its Historic Charm, Vibrant Streets & Increasing Popularity. Please Do Not Overlook 2056 Gates Ave Because This RENT STABILIZED 6 FAMILY BRICK PROPERTY Is In The Middle Of It All! Considering It Is Situated In A LANDMARKED Section Of RIDGEWOOD, Close To Public Transportation, Restaurants & Coffee Shops It Appears To Be Seriously UNDERAPPRECIATED. Current Yearly Gross Income Is Just Above $100,000 And Around $70,000 Net But The Upside Potential Is Substantial.
6 Family building, Three Floor Plus Basement. Each Floor 1,764 SF With Two Units, All 3 Bedrooms with 1 Full Bathroom. So Total 18 Bedrooms and 6 Bathrooms 2 Blocks to L Train, Close to Shops, New Roof. Best Location! Investor Special. Cap over 6%. Sold As Is
Calling All Investors, Developers & End-Users!!! 9,200 Sqft. Warehouse / Auto Repair Shop With M1-1 Zoning For Sale In Ridgewood!!! The Property Features Great Exposure, Excellent Signage, M1-1 Zoning, 18 Parking Spaces, Private Driveway, Strategically Placed Curb Cut, Waiting Room, High 30’ Ceilings, (4) 22’ Roll-Up Doors, 4 Skylights, Private Office, 3 Phase Power, All New LED Lighting, Accessible Bathroom, Sprinklers, A/C, +++!!! The Property Had A Brand New Roof Installed In 2023!!! The Property Is Located In The Heart Of Ridgewood On Busy Fresh Pond Road Just 1 Block From Metropolitan Avenue!!! The Property Is Situated Midway Between I-495, I-278 & The Jackie Robinson Parkway!!! Neighbors Include Amazon, Costco, Stop & Shop, Extra Space Storage, Safeguard Self Storage, CVS, 7-Eleven, Dunkin’, Petco, Pep Boys, Raymour & Flanigan, Taco Bell, Wendy’s, McDonald’s, Carvel, Lidl, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Value Range Marketing Price $2,850,000.-$3,250,000. Income: Truck & Auto Repair Shop (8,800 Sqft.): 184,644 Ann.; 3% Ann. Inc.; Lease Exp.: 8/21/32. 2nd Floor Office (400 Sqft.): $24,000 Ann. (Available) Pro Forma Gross Income: $208,644 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Snow & Landscape: $0 Ann. Water & Sewer: $0 Ann. Insurance: $2,300 Ann. Taxes: $26,558.48 Ann. Total Expenses: $29,108.48 Ann. Pro Forma Net Operating Income (NOI): $179,535.52 Ann.
Six Family Home For Sale in Ridgewood! Each apartment features 2 Bedrooms & 1 Full Bath. Conveniently located near all.
6 family brick construction, 6 apartments Rent Stabilized. Each apartment consists of Eik, Livrm, 3 Bedrms and 1 Bathrm. Windows in each room. Gross Yearly income is $108.471.00. Net Opereting Income is $74,980.77 and Expenses $33,490.23. Clean building, good for investors. Rubber roof was renovated in January 2024, Gas pipes are replaced in April 2024 and a new Water Heater installe in February 2025. Fully Occuied. Leases: 1L $1,431.25 1/1/28, 1R $1,746.12/12/31/26, 2L $1,250 12/1/26, 2R $1,293.69 11/1/27, 3L $1,750 1/1/27, 3R $1,567.38 7/31/27. Cap Rate 6.82%. Building size: 27.42x68. Lot size: 27.42x100. Close to M train and shops, restaurants and park.

Ridgewood is located in New York. Ridgewood, New York has a population of 0.
The median household income for the surrounding county is $75,886 compared to the national median of $69,021. The median age of people living in Ridgewood is 0 years.
The average high temperature in July is 84.9 degrees, with an average low temperature in January of 26.5 degrees. The average rainfall is approximately 47.8 inches per year, with 25.6 inches of snow per year.