SHOWING BY APPOINTMETN ONLY
Fully Occupied 3-Family | Built 2005 | 3,505 Sq Ft | Package Deal Opportunity
Exceptional opportunity to acquire a fully occupied, income-producing 3-family property in the heart of Ridgewood.
Constructed in 2005, this modern 20 x 54 building offers approximately 3,250 square feet of livable space, featuring well-proportioned boxed rooms throughout for maximum layout efficiency and rental appeal.
Each unit includes:
Renovated kitchens
Updated bathrooms
High-efficiency lighting
Clean, modern finishes
Tenants are responsible for their own gas, electric, and heat, keeping operating expenses streamlined. The owner covers only property taxes, water, and insurance — creating a predictable and investor-friendly expense structure.
The second and third-floor units each feature private balconies, while the first-floor unit enjoys direct access to the backyard — a strong tenant retention feature.
Additional Value-Add Potential
The property also offers:
Opportunity to create a recreational space in the basement
Potential to duplex the first floor with the basement (subject to approvals)
This provides flexibility for increased rental income or an enhanced owner-user configuration.
Rare Package Deal Opportunity
This property is being offered together with the adjacent building, creating a rare assemblage opportunity that includes:
Four total parking spaces
Two-car garage
Additional outdoor parking
Backyard space
Income-producing properties with dedicated parking in Ridgewood are increasingly scarce — making this a standout portfolio acquisition.
Ideal For:
• Investors seeking stable cash flow
• 1031 exchange buyers
• Portfolio expansion
• End-users looking to offset mortgage with rental income
Located in prime Ridgewood near transportation, shopping, restaurants, and neighborhood amenities.
A rare opportunity to secure a well-built (2005) income-producing asset with expansion potential in one of Queens’ strongest rental markets.
Active
$1,595,000
7101 Cooper Ave, Ridgewood, NY 11385
7beds
3,505sqft
Multi Family
Built in 2005
-- sqft lot
$1,580,400 Zestimate®
$455/sqft
$-- HOA
What's special
- 55 days |
- 195 |
- 4 |
Zillow last checked:
Listing updated:
Listing by:
Compass 347-255-7677,
Dorian Nasto
Source: StreetEasy,MLS#: S1812975
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Rooms
- Room types: Bike Room
Appliances
- Included: Dishwasher
Features
- Flooring: Hardwood
Interior area
- Total structure area: 3,505
- Total interior livable area: 3,505 sqft
Property
Features
- Patio & porch: Other, Terrace
- Exterior features: Courtyard, Balcony, Garden, Terrace
- Has view: Yes
- View description: City
Details
- Parcel number: 036870055
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 2005
Community & HOA
Community
- Subdivision: Glendale
Location
- Region: Ridgewood
Financial & listing details
- Price per square foot: $455/sqft
- Tax assessed value: $1,405,000
- Annual tax amount: $15,060
- Date on market: 2/27/2026
Estimated market value
$1,580,400
$1.50M - $1.66M
$3,682/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2026 | Listed for sale | $1,595,000+18.1%$455/sqft |
Source: StreetEasy #S1812975 Report a problem | ||
| 9/12/2019 | Sold | $1,350,000-9.9%$385/sqft |
Source: Public Record Report a problem | ||
| 6/24/2019 | Pending sale | $1,499,000$428/sqft |
Source: Prime America Real Estate Inc Report a problem | ||
| 4/1/2019 | Listed for sale | $1,499,000+61.8%$428/sqft |
Source: PRIME AMERICA REAL ESTATE INC #10589703 Report a problem | ||
| 4/20/2017 | Listing removed | $2,250$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/7/2017 | Listed for rent | $2,250$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/16/2008 | Sold | $926,607$264/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $84,300 +9.9% |
| 2023 | -- | $76,680 -0.9% |
| 2022 | -- | $77,400 +5.6% |
| 2021 | -- | $73,320 -9% |
| 2020 | $13,408 +6% | $80,580 -4% |
| 2019 | $12,649 +5.5% | $83,940 +46.5% |
| 2018 | $11,989 +6.2% | $57,312 +3.5% |
| 2017 | $11,287 +34.3% | $55,368 +0.8% |
| 2016 | $8,407 | $54,936 +4.1% |
| 2015 | $8,407 +43.2% | $52,788 +6% |
| 2014 | $5,870 | $49,800 +4.3% |
| 2013 | -- | $47,760 +3.5% |
| 2012 | -- | $46,140 +0.8% |
| 2011 | -- | $45,780 -16.9% |
| 2010 | -- | $55,080 -13.1% |
| 2009 | -- | $63,416 -81.6% |
| 2008 | -- | $345,120 +32% |
| 2007 | -- | $261,438 +299.1% |
| 2006 | -- | $65,508 +6% |
| 2005 | -- | $61,800 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Glendale
Nearby schools
GreatSchools rating
- 4/10Ps 91 Richard ArkwrightGrades: PK-5Distance: 0.2 mi
- 6/10I.S. 119 the GlendaleGrades: K-8Distance: 0.3 mi
- 2/10Grover Cleveland H.S.Grades: 9-12Distance: 1.6 mi
A local agent can set up tours, give advice and negotiate with sellers.







