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862 Woodward Avenue Ridgewood, NY $ 1,399,000
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$ 1,399,000 Get more info
862 Woodward Avenue
$ 1,399,000
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862 Woodward Avenue

Ridgewood, NY, 11385
$ 1,399,000
Bedrooms-- Baths-- Sq 5,775

Monthly Estimate*

$ 8,728

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Commercial Property for sale in Ridgewood, NY

for $1,399,000. This 5,775 square foot building was built in 1930 on a lot size of 0.0629.

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.

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Commercial Active

Price

$ 1,399,000

Property Type

Commercial

Taxes

$ 19,650

Style

Multi Family

Lot Size

0.0629

Year Built

1930

Town/City

Ridgewood

County/Region

Queens

MLS | Web ID

930045
Features
General
Sewer Public Sewer
Heating Baseboard
Cooling Wall/Window Unit(s)
Utilities See Remarks
Construction Materials Brick
Year Built 1930
Property Subtype Multi Family
Tax Year 2024
Parcel Number 03473-0035
Gross Income 128917
County Queens
Property Type Commercial Sale
Directions Use GPS
High School Contact Agent
City New York
High School District Contact Agent
Number Of Units Total 6
Elementary School Contact Agent
Property Attached Y/N Y
Tax Annual Amount 19650
Showing Instructions Contact listing agent Simon for details 646.387.6277
Middle/Junior High School Call Listing Agent
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Contact Agent
Elementary School District Contact Agent
Tax Assessed Value 423000
Tax Lot 0035
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Interior
Basement Finished Full
Basement Features Finished Full
Basement (Y/N) Y
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Exterior
Parking Features None None
Water Source Public
Building Area Total 5775
Waterfront Y/N N
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Internal Only
Street Number 1 862
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* Excluded Features
List By
Dazhi Su

Listing Agent

Re/Max Edge

Broker

718-288-3835

Contact

Affordability Calculator

$10,365
Per Month
84%
16%
0%
Monthly Principal & Interest
$8,728
Monthly Property Taxes
$1,638
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4892219 Elementary School
5162815 Middle School
Contact Agent High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/30/2025$1,399,000 Listed Price

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862 Woodward Avenue, Ridgewood, NY, 11385 is a Commercial Property for sale at $1,399,000 with 5,775 sqft and a lot size of 0.0629. 862 Woodward Avenue was built in 1930. The property's zip code is 11385 which is in Ridgewood, NY

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