$1,249,000 ***MUST SEE*** Located in a great part of Ridgewood, this well-maintained 1-family home offers plenty of space, comfort, and convenience. The home features 2 large bedrooms, 1.5 bathrooms, a spacious kitchen with a separate dining area, a nicely sized living room, spacious yard and an updated heating and hot water system. Enjoy the convenience of a private garage and driveway for additional parking, along with a large backyard-perfect for entertaining, relaxing, or enjoying outdoor space. Also, steps away from public transportation and the "Bushwick Collective". A wonderful opportunity to own a beautiful home in a highly desirable Ridgewood location! 11948756 MLS ***MUST SEE*** Located in a great part of Ridgewood, this well-maintained 1-family home offers plenty of space, comfort, and convenience. The home features 2 large bedrooms, 1.5 bathrooms, a spacious kitchen with a separate dining area, a nicely sized living room, spacious yard and an updated heating and hot water system. Enjoy the convenience of a private garage and driveway for additional parking, along with a large backyard-perfect for entertaining, relaxing, or enjoying outdoor space. Also, steps away from public transportation and the "Bushwick Collective". A wonderful opportunity to own a beautiful home in a highly desirable Ridgewood location! 217 Seneca Ave, Ridgewood
$2,158,000 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: $198,288 Net Income: $141,952 that at a 7% Cap, 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 $161K inquire within for more details. Combine with both building will leave you with a total NOI $303K at $4,588,776 That will leave you at a 7% Cap Rate . 30 Beds ⋅ 8 Baths ⋅ 11737554 MLS 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: $198,288 Net Income: $141,952 that at a 7% Cap, 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 $161K inquire within for more details. Combine with both building will leave you with a total NOI $303K at $4,588,776 That will leave you at a 7% Cap Rate . Madison st, Ridgewood