Turnkey six (6) family building in prime Ridgewood, 7% cap rate, well-maintained, railroad style. 7 gas meters and 7 electric meters. Three 3-bedroom apartments and three 2-bedroom apartments. New roof replaced in 2022, new skylight, basement front entrance door, and new boiler in 2023. Close to 5,800 square feet of interior space, building size is 27.5x70, lot size is 27.5x100. Property tax is $19,650. Close to $130,000 great NOI, 7% cap rate. Excellent location, close to all. DHCR available upon request. Motivated seller
For sale
$1,349,000
862 Woodward Ave, Ridgewood, NY 11385
15beds
5,775sqft
Multi Family
Built in 1930
-- sqft lot
$1,436,400 Zestimate®
$234/sqft
$-- HOA
What's special
- 131 days |
- 210 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
RE/MAX Edge 718-612-3088,
Dazhi (Simon) Su 646-387-6277
Source: BNYMLS,MLS#: 500211
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Other
Cooling
- Has cooling: Yes
Features
- Flooring: Other
- Basement: Other
Interior area
- Total structure area: 5,775
- Total interior livable area: 5,775 sqft
Property
Parking
- Parking features: Street, Other, None
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 2,742 Square Feet
- Dimensions: 27x100
Details
- Foundation area: 1890
- Zoning: R6B
- Special conditions: Arm's Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Other
- Foundation: Other
- Roof: Other
Condition
- Year built: 1930
Utilities & green energy
- Electric: Other
Community & HOA
Community
- Security: Secure Lobby
- Subdivision: Queens
Location
- Region: Ridgewood
Financial & listing details
- Price per square foot: $234/sqft
- Annual tax amount: $19,554
- Date on market: 4/3/2026
- Cumulative days on market: 288 days
- Total actual rent: 10743
Estimated market value
$1,436,400
$1.36M - $1.51M
$4,576/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Listed for sale | $1,349,000-3.6%$234/sqft |
Source:  BNYMLS #500211 Report a problem | ||
| 4/3/2026 | Listing removed | $1,399,000$242/sqft |
Source: BNYMLS #496904 Report a problem | ||
| 10/29/2025 | Listed for sale | $1,399,000$242/sqft |
Source: BNYMLS #496904 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Ridgewood
Nearby schools
GreatSchools rating
- 6/10Ps 88 SenecaGrades: PK-5Distance: 0.3 mi
- 3/10Joseph F Quinn Intermediate School 77Grades: 6-8Distance: 0.2 mi
- 2/10Grover Cleveland H.S.Grades: 9-12Distance: 0.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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