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Off market
  • $2,146,300

    7204 Forest Ave, Ridgewood, NY 11385

    10beds
    5,951sqft
    MultiFamily
    Built in 1931
    -- sqft lot
    $2,146,300 Zestimate®
    $361/sqft
    $3,433 Estimated rent

    Home value

    $2,146,300

    $1.87M - $2.45M

    $3,433/mo

    Zestimate® history
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    Owner options

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    $3,433/mo

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    $3,433/mo

    Rent Zestimate®

    Refinance and save

    $13,177/mo

    Est. payment

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    $13,177/mo

    Est. payment

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    What's special

    Corner Brick Mixed-Use 5 Family + Store w/ Garage & Full Basement! This is an Investor's Dream! 5.7% CAP Rate! Building is located in prime Ridgewood, bordering gorgeous parks in Glendale and the trendiest restaurants and nightlife in Ridgewood. Just 5 mins to M train (Forest Ave) 3 blocks to Evergreen Park 7 blocks to the Rosemary's Playground Steps away from all shopping, boutiques, and groceries. This income-producing property features: - 5 Free Market Apartments (each are 2 Br/ 1 Bath) - Commercial Store is approx. 800 sq. ft (tenants have a 5-year lease) - All Apartments are in good condition, original wood floors that respect its pre-war character and charm: bright exterior, very high ceilings, hardwood floors, tall windows and so much more! - Quiet building. Very well maintained. - Full Basement - 1 Car Garage - Neighborhood highlights include: Art galleries, trendy nightlife bars, famous restaurants and an organic Farmer's market on Saturdays. Great Investment Opportunity!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 5
    • Full bathrooms: 5
    Appliances
    • Included: Refrigerator
    Features
    • Storage, Formal Dining Room
    • Flooring: Tile, Hardwood
    • Basement: Full
    Interior area
    • Total interior livable area: 5,951 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: On-street
    Lot
    • Size: 2,591 sqft
    • Features: Corner Lot, Near Public Transit
    Details
    • Parcel number: 035760030

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Store+Dwell
    Condition
    • Year built: 1931

    Community & neighborhood

    Location
    • Region: Ridgewood

    Other

    Other facts
    • Basement: Full
    • ConstructionMaterials: Brick
    • ParkingFeatures: Private, Detached, Garage
    • PropertyType: Residential Income
    • SeniorCommunityYN: 0
    • Flooring: Hardwood
    • LotFeatures: Corner Lot, Near Public Transit
    • ArchitecturalStyle: Store+Dwell
    • CommunityFeatures: Park, Near Public Transportation
    • RoadResponsibility: Public Maintained Road
    • InteriorFeatures: Storage, Formal Dining Room
    • FireplaceYN: 0
    • PoolPrivateYN: 0
    • SpaYN: 0

    Price history

    DateEventPrice
    6/2/2021Sold$2,150,000-11.3%$361/sqft
    Source: Public Record Report a problem
    1/20/2021Pending sale$2,425,000$407/sqft
    Source: OneKey® MLS #3237340 Report a problem
    10/2/2020Price change$2,425,000-4%$407/sqft
    Source: Capri Jet Realty Corp #3237340 Report a problem
    8/24/2020Price change$2,525,000-4.7%$424/sqft
    Source: Capri Jet Realty Corp #3237340 Report a problem
    7/28/2020Listed for sale$2,650,000+1099.1%$445/sqft
    Source: Capri Jet Realty Corp #3237340 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $506,250 +5.3%
    2023-- $480,600 -3.3%
    2022-- $496,800 +12.4%

    Find assessor info on the county website

    Neighborhood: Ridgewood

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Queens 24

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.