874 Woodward Avenue Ridgewood, NY $ 1,475,000
874 Woodward Avenue
$ 1,475,000
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874 Woodward Avenue

Ridgewood, NY, 11385
$ 1,475,000
Bedrooms-- Baths-- Sq 5,670

Monthly Estimate*

$ 9,313

874 Woodward Avenue, Ridgewood, NY 11385 - Image 1

Commercial Property for sale in Ridgewood, NY

for $1,475,000. This 5,670 square foot building was built in 1930 on a lot size of 0.062.

Exceptional investment opportunity in the heart of Ridgewood. This well-maintained 6-family building features all DHCR paperwork up-to-date and is free and clear of violations, offering peace of mind for investors. The property generates strong in-place income with significant upside, as current rents remain well below legal rents. With low annual operating expenses and excellent long-term growth potential, this is a chance to acquire a stabilized multifamily asset in one of Queens most desirable rental markets

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Commercial Coming Soon

Price

$ 1,475,000

Property Type

Commercial

Taxes

$ 18,112

Style

Multi Family

Lot Size

0.062

Year Built

1930

Town/City

Ridgewood

County/Region

Queens

MLS | Web ID

1018319

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Wall/Window Unit(s)
Utilities Electricity Available Electricity Connected Natural Gas Connected
Zoning R6B
Construction Materials Block Brick
Year Built 1930
Property Subtype Multi Family
Tax Year 2025
Parcel Number 03473-0044
County Queens
Property Type Commercial Sale
City New York
High School District Queens24
Number Of Units Total 6
Property Attached Y/N Y
Tax Annual Amount 18112
Building Area Units Square Feet
Standard Status Coming Soon
Middle/Junior School District Queens24
Elementary School District Queens 24
Tax Assessed Value 498600
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Interior
Basement Full
Basement Features Full
Basement (Y/N) Y
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Exterior
Parking Features On Street On Street
Water Source Public
Building Area Total 5670
Waterfront Y/N N
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Internal Only
Street Number 1 874
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* Excluded Features
List By
Dominico Pedone

Listing Agent

Concrete Jungle Nyc Realty

Broker

347-242-0937

Contact

Affordability Calculator

$10,823
Per Month
86%
14%
0%
Monthly Principal & Interest
$9,313
Monthly Property Taxes
$1,509
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4892587 Elementary School
4892047 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/25/2026$1,475,000 Listed Price

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874 Woodward Avenue, Ridgewood, NY, 11385 is a Commercial Property for sale at $1,475,000 with 5,670 sqft and a lot size of 0.062. 874 Woodward Avenue was built in 1930. The property's zip code is 11385 which is in Ridgewood, NY