Andrea Mahoney - Smitchger Realty Logo
$1,475,000
( $260.14Per Sq Foot )
 $7,918 est/mo Sourced by Back At You

874 Woodward Avenue,Ridgewood, NY 11385

Ridgewood, NY 11385

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Description

Exceptional investment opportunity in the heart of Ridgewood. This well-maintained 6-family building features all DHCR paperwork up-to-date and is free and clear of violations, offering peace of mind for investors. The property generates strong in-place income with significant upside, as current rents remain well below legal rents. With low annual operating expenses and excellent long-term growth potential, this is a chance to acquire a stabilized multifamily asset in one of Queens most desirable rental markets

Details

MLS #1018319
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1930
Days On Site140
Listing Provided ByConcrete Jungle NYC Realty | Dominico Pedone

Features

SQ Feet5,670
BasementY
Units6
ZoningR6B
Acreage0.06

Interior

CoolingWall/Window Unit(s)
HeatingNatural Gas

Exterior

Construction MaterialsBlock, Brick

Parking

Parking FeaturesOn Street

Utilities

UtilitiesElectricity Available, Electricity Connected, Natural Gas Connected
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value498600
Tax Annual Amount18112

Area Information

StateNY
CountyQueens
CityRidgewood
Zip Code11385
Listing VS Median (in 11385)
Price:
$1,475,000
low | high
Med:
$1,149,888
72.041491525424% of Average
sqft:
5,670
low | high
Med:
2,400
100% of Average
$ / sqft:
$260
low | high
Med:
$479
34.176976271186% of Average
On site:
140
low | high
Med:
975.5
14.351614556638% of Average
Sourced by Back At You

Market Activity 11385

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Contact

Learn More About This Property

Andrea Mahoney

Andrea Mahoney

Smitchger Realty

 (845) 554-4792andreamahoney920@gmail.com
StateNY
CountyQueens
CityRidgewood
Zip Code11385
Listing VS Median (in 11385)
Price:
$1,475,000
low | high
Med:
$1,149,888
72.041491525424% of Average
sqft:
5,670
low | high
Med:
2,400
100% of Average
$ / sqft:
$260
low | high
Med:
$479
34.176976271186% of Average
On site:
140
low | high
Med:
975.5
14.351614556638% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.106M - $1.843M
sqft: 4,000 - 7,000
Nearby Listings Property ImageNearby Listings Details
862 Woodward Avenue Property Photo 1
$1,349,000
862 Woodward Avenue
Ridgewood, NY 11385
Listing Updated: September 28, 2026 at 10:04:04 PM PDT

Andrea Mahoney - Smitchger Realty