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.
Active
$1,750,000
1823 Bleecker St, Ridgewood, NY 11385
0beds
3,600sqft
Building
Built in 1930
-- sqft lot
$-- Zestimate®
$486/sqft
$-- HOA
What's special
Beautiful hardwood flooring
- 278 days
- on Zillow |
- 141 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: June 12, 2025 at 01:55pm
Listing by:
Evergreen Realty & Investments 646-373-7944,
Daniel Barcelowsky
Source: StreetEasy,MLS#: S1742742
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 6
- Full bathrooms: 6
Appliances
- Included: Dishwasher, Washer/Dryer
Features
- Flooring: Hardwood
Interior area
- Total structure area: 3,600
- Total interior livable area: 3,600 sqft
Property
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Building
Condition
- Year built: 1930
Community & HOA
Community
- Subdivision: Ridgewood
HOA
- Services included: Maintenance
Location
- Region: Ridgewood
Financial & listing details
- Price per square foot: $486/sqft
- Date on market: 11/4/2024
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