Turnkey, fully gut-renovated 4-family investment property located in the heart of Ridgewood. This exceptional income-producing asset offers approximately $208,800 annual gross income and is conveniently located just minutes from the L train, providing easy access to Manhattan, including Union Square, East Village, and Downtown Brooklyn.
Completely renovated from top to bottom, the property features modern finishes and quality construction upgrades designed for long-term durability, low maintenance, and strong rental appeal. Situated in one of Ridgewood’s most desirable rental neighborhoods with consistent tenant demand.
Unit Configuration:
(2) Duplex-style 3-bedroom, 2.5-bath units with private backyard access
(2) Spacious 3-bedroom, 2-bath units
Modern kitchens and updated bathrooms throughout
In-unit washer and dryer in every apartment
Separate utilities; tenants responsible for heat, gas, and electric where applicable
Property Highlights:
Full gut renovation>
>Sound-insulated walls and floor assemblies between units
>Oversized new windows providing abundant natural light
>High-end appliances and contemporary interior finishes
>Transit-oriented location with strong rental demand
>Attractive opportunity for long-term income-oriented investors
>Approximate 6.82% cap rate!!!
For sale
$2,750,000
1726 Summerfield Street, Ridgewood, NY 11385
12beds
3,100sqft
Triplex, Multi Family
Built in 1931
-- sqft lot
$-- Zestimate®
$887/sqft
$-- HOA
What's special
Modern finishesPrivate backyard accessContemporary interior finishesQuality construction upgradesHigh-end appliancesModern kitchensUpdated bathrooms throughout
- 11 days |
- 331 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Sweet Key Realty Group Inc 347-323-2443,
Qun D. Lin 347-323-2443
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1012669
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 10
- Full bathrooms: 10
Heating
- Electric, ENERGY STAR Qualified Equipment, Heat Pump, Separate Meters
Cooling
- Ductless, ENERGY STAR Qualified Equipment, Separate Meters
Features
- First Floor Bedroom, Chefs Kitchen, Granite Counters, High Speed Internet, Natural Woodwork, Open Kitchen, Quartz/Quartzite Counters, Walk Through Kitchen
- Basement: Finished
Interior area
- Total structure area: 3,100
- Total interior livable area: 3,100 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 2,500 Square Feet
Details
- Parcel number: 035670022
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1931
- Major remodel year: 2026
Utilities & green energy
- Gas: Separate Gas Meters: 4
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & HOA
Location
- Region: Ridgewood
Financial & listing details
- Price per square foot: $887/sqft
- Tax assessed value: $299,250
- Annual tax amount: $9,415
- Date on market: 6/12/2026
- Cumulative days on market: 12 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Listed for sale | $2,750,000+194.9%$887/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #1012669 Report a problem | ||
| 12/8/2023 | Sold | $932,376-18.9%$301/sqft |
Source: Public Record Report a problem | ||
| 9/22/2023 | Listed for sale | $1,150,000+344%$371/sqft |
Source:  Exit Realty #3506008 Report a problem | ||
| 1/24/2021 | Listing removed | -- |
Source: OneKey® MLS as distributed by MLS GRID #3004923 Report a problem | ||
| 3/19/2020 | Pending sale | $259,000-11.6%$84/sqft |
Source: OneKey® MLS as distributed by MLS GRID #3004923 Report a problem | ||
| 9/28/2000 | Sold | $293,000-2.3%$95/sqft |
Source: Public Record Report a problem | ||
| 10/1/1998 | Sold | $300,000$97/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $299,250 +9% |
| 2024 | -- | $274,500 +9.7% |
| 2023 | -- | $250,200 -8.9% |
| 2022 | -- | $274,500 +18.4% |
| 2021 | -- | $231,750 +3% |
| 2020 | $6,761 +0% | $225,000 +20.1% |
| 2019 | $6,760 +6.8% | $187,380 +273.3% |
| 2018 | $6,331 +2.9% | $50,195 +3.8% |
| 2017 | $6,151 +6.6% | $48,358 +8% |
| 2016 | $5,770 | $44,788 +7.4% |
| 2015 | $5,770 +54% | $41,693 |
| 2014 | $3,748 | $41,693 +8% |
| 2013 | -- | $38,612 +3.8% |
| 2012 | -- | $37,199 +8% |
| 2011 | -- | $34,453 +7.4% |
| 2010 | -- | $32,072 |
| 2009 | -- | $32,072 +8% |
| 2008 | -- | $29,702 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
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: Ridgewood
Nearby schools
GreatSchools rating
- 6/10Ps 68 CambridgeGrades: PK-5Distance: 0.1 mi
- 4/10Joseph F Quinn Intermediate School 77Grades: 6-8Distance: 0.2 mi
- 2/10Grover Cleveland H.S.Grades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Contact Agent
- High: Contact Agent
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
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