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6 Family well maintained 761 Seneca Ave

6 Unit Apartment Building $1,299,000 ($216,500/Unit) 5.39% Cap Rate Ridgewood, NY 11385

Apartment Buildings New York Ridgewood 761 Seneca Ave, Ridgewood, NY 11385

Investment Highlights

  • Very well maintained
  • Zoning R6B, C1-4
  • Location, commercial street, steps walking to subway station

Executive Summary

Very well maintained, stabilized 6 families, on the busy commercial street, 2 mins walking to the subway, easy to manage. 1 year old roof.
Lot: 25*90 Building: 25*62
Rents lease expired
1R 1624 11/30/2025
1L 1760 10/31/2026
2R 1964. 12/31/2026
2L 1107.55 04/30/2026
3R 1094.60(scrie 933) 12/31/2026
3L 1100.00. 08/31/2026
total: 8650.15/month

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income $103,801 $22.32
Other Income - -
Vacancy Loss - -
Effective Gross Income $103,801 $22.32
Net Operating Income - -

Financial Summary (Actual - 2024)

Gross Rental Income
Annual $103,801
Annual Per SF $22.32
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $103,801
Annual Per SF $22.32
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $1,299,000 Apartment Style Low Rise
Price Per Unit $216,500 Building Class C
Sale Type Investment Lot Size 0.05 AC
Cap Rate 5.39% Building Size 4,650 SF
No. Units 6 No. Stories 3
Property Type Multifamily Year Built 1930
Property Subtype
Apartment
  • Multifamily Dormitory
 Parking Ratio 0.43/1,000 SF
Price $1,299,000
Price Per Unit $216,500
Sale Type Investment
Cap Rate 5.39%
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.05 AC
Building Size 4,650 SF
No. Stories 3
Year Built 1930
Parking Ratio 0.43/1,000 SF

Unit Amenities

  • Basement

Site Amenities

  • 24 Hour Access
1 of 1
Walk Score ®
Walker's Paradise (92)
Transit Score ®
Rider's Paradise (99)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 03459-0004 Improvements Assessment $159,458
Land Assessment $2,768 Total Assessment $162,226

PROPERTY TAXES

Parcel Number
03459-0004
Land Assessment
$2,768
Improvements Assessment
$159,458
Total Assessment
$162,226

zoning

Zoning Code R6B (Medium density residential district)
R6B (Medium density residential district)
(917) 900-8066

  • Listing ID: 33656533

  • Date on Market: 10/27/2024

  • Last Updated:

  • Address: 761 Seneca Ave, Ridgewood, NY 11385

More public record information on 761 Seneca Ave, Ridgewood, NY 11385

The Central Queens Multifamily Property at 761 Seneca Ave, Ridgewood, NY 11385 is currently available. Contact E Realty International Corp for more information.

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6 Family well maintained | 761 Seneca Ave
(917) 900-8066 x

6 Family well maintained | 761 Seneca Ave

Xin Zhang

(917) 900-8066

(917) 900-8066

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