Contacts

Daniel Barcelowsky

Evergreen Realty & Investments

Property Details

Property Type Multi-Family
Property Size 3,600 SF
Units 6
Lot Size 0.06 Acre
Additional Rent Contact for pricing
Year Built 1930
Date Updated Nov 4, 2024

This semi-detached six-family building in Ridgewood features 1,400 SF of unused air rights, a high rent roll, and excellent air and light. The building consists of three free-market units and three rent-stabilized units. All units have one bedroom, one bathroom, and beautiful hardwood flooring and some are fully renovated with dishwashers and washers/dryers.At three stories high, the building is 3,600 SF and measures 20’ x 60’. It sits on a 2,500 SF lot measuring 25’ x 100.’ The building has the potential to produce a gross annual income of approximately $187,594 and has a 8.61% potential cap rate. The building is conveniently located just a short walk from the M train at Seneca Avenue and the L train at Dekalb Avenue. This is an excellent opportunity to invest in a 50% free-market building with a high rent roll and air rights in prime Ridgewood.

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Attachments

1823 BLEECKER STREET (PDF) opens in new window

Getting around

91/100
Walk Score ®
98/100
Transit Score ®
80/100
Bike Score ®

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City Ridgewood, NY
Neighborhood Ridgewood
Zip Code 11385
Market Queens

Points of Interest

Stanhope St & Wycoff Ave - NE Corner

0.38 miles
Stanhope St & Wycoff Ave - NW Corner

0.38 miles
Stanhope St & Wycoff Ave - SE Corner

0.39 miles
Stanhope St & Wycoff Ave - SW Corner

0.40 miles
Dekalb Ave & Wycoff Ave - NE Corner

0.43 miles
Myrtle–Wyckoff Avenues

0.43 miles
Dekalb Ave & Wycoff Ave - NW Corner

0.44 miles
Dekalb Ave & Wycoff Ave - SE Corner

0.45 miles
Dekalb Ave & Wycoff Ave - SW Corner

0.45 miles
Knickerbocker Avenue

0.64 miles

BP

0.47 miles
Shell

0.57 miles
Sunoco

0.60 miles
Citgo

0.78 miles
American Gas

0.85 miles
Hess

1.10 miles
GasTrac

1.11 miles
Exxon

1.28 miles
Revel

2.07 miles
Tesla Supercharger

2.31 miles

MMP Parking LLC

0.45 miles
Stop & Shop Parking

1.08 miles
Connoly's Parking Lot

1.85 miles
Havens Place Lot

2.05 miles
School bus parking

2.33 miles
Private Parking Lot

2.41 miles
FDNY Fleet Services

2.59 miles
MTP Park

2.90 miles
Central Parking System of New York, Inc.

2.95 miles
LaGuardia Community College Parking Lot

3.04 miles

Red Carpet Inn

0.76 miles
casa reservada para vacaciones

0.99 miles
Hotel Bogart Street, Brooklyn

1.16 miles
New York Loft Hostel

1.20 miles
Holiday Inn Express

1.27 miles
Artel 535

1.28 miles
Marina Hotel

1.30 miles
New York Moore Hostel

1.40 miles
Comfort Inn

1.64 miles
hull

1.79 miles

Associated Market Place

0.27 miles
La Plasita Ecuatariana

0.34 miles
Food Bazaar Supermarket

0.35 miles
Young Grocery

0.35 miles
Vitelio's Marketplace

0.37 miles
Armandos Grocery & Bakery

0.40 miles
Extreme Department Store

0.43 miles
Food Story II

0.44 miles
Liberty Department Stores

0.44 miles
ABC Super Stores

0.46 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.