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Sold for $2,700,000
  • $2,700,000

    1726 Summerfield Street, Ridgewood, NY 11385

    12beds
    3,100sqft
    Triplex, Multi Family
    Built in 1931
    -- sqft lot
    $2,700,400 Zestimate®
    $871/sqft
    $3,444 Estimated rent

    Home value

    $2,700,400

    $2.48M - $2.94M

    $3,444/mo

    Zestimate® history
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    What's special

    Modern finishesPrivate backyard accessContemporary interior finishesQuality construction upgradesHigh-end appliancesModern kitchensUpdated bathrooms throughout
    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!!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Qun D. Lin 347-323-2443,

    Sweet Key Realty Group Inc 347-323-2443

    Bought with:

    Royer I. Silva, 10311210589

    Loyaltty Inc

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1012669MLS Logo

    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: $871/sqft
    • Tax assessed value: $299,250
    • Annual tax amount: $9,415
    • Date on market: 6/12/2026
    • Cumulative days on market: 40 days
    • Listing agreement: Exclusive Right To Sell
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/18/2026Sold$2,700,000-1.8%$871/sqft
    Source: OneKey® MLS as distributed by MLS GRID #1012669 Report a problem
    7/22/2026Pending sale$2,750,000$887/sqft
    Source: OneKey® MLS as distributed by MLS GRID #1012669 Report a problem
    6/12/2026Listed for sale$2,750,000+194.9%$887/sqft
    Source: OneKey® MLS as distributed by MLS GRID #1012669 Report a problem
    12/8/2023Sold$932,376-18.9%$301/sqft
    Source: Public Record Report a problem
    9/22/2023Listed for sale$1,150,000+344%$371/sqft
    Source: Exit Realty #3506008 Report a problem
    1/24/2021Listing removed--
    Source: OneKey® MLS as distributed by MLS GRID #3004923 Report a problem
    3/19/2020Pending sale$259,000-11.6%$84/sqft
    Source: OneKey® MLS as distributed by MLS GRID #3004923 Report a problem
    9/28/2000Sold$293,000-2.3%$95/sqft
    Source: Public Record Report a problem
    10/1/1998Sold$300,000$97/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: Ridgewood

    Nearby schools

    GreatSchools rating
    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.