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.
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.
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.
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.
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.
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.