1726 Summerfield Street,Ridgewood, NY 11385
Ridgewood, NY 11385
Description
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 unitsModern kitchens and updated bathrooms throughoutIn-unit washer and dryer in every apartmentSeparate utilities; tenants responsible for heat, gas, and electric where applicableProperty Highlights:Full gut renovation Sound-insulated walls and floor assemblies between unitsOversized new windows providing abundant natural lightHigh-end appliances and contemporary interior finishesTransit-oriented location with strong rental demandAttractive opportunity for long-term income-oriented investorsApproximate 6.82% cap rate!!!
Details
| MLS # | 1012669 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1931 |
| Days On Site | 78 |
| Listing Provided By | Sweet Key Realty Group Inc | Qun D. Lin |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 10 Total |
| SQ Feet | 3,100 |
| Basement | Y |
| Units | 4 |
| Acreage | 0.06 |
Interior
| Cooling | Ductless, ENERGY STAR Qualified Equipment, Separate Meters |
|---|---|
| Heating | Electric, ENERGY STAR Qualified Equipment, Heat Pump, Separate Meters |
| Interior Features | First Floor Bedroom, Chefs Kitchen, Granite Counters, High Speed Internet, Natural Woodwork, Open Kitchen, Quartz/Quartzite Counters, Walk Through Kitchen |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2026 |
|---|---|
| Tax Assessed Value | 299250 |
| Tax Annual Amount | 9415 |
Area Information
| State | NY |
|---|---|
| County | Queens |
| City | Ridgewood |
| Zip Code | 11385 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 11385) | |
Price: $2,750,000 low | high Med: $1,100,000 sqft: 3,100 low | high Med: 2,727 $ / sqft: $887 low | high Med: $422 On site: 78 low | high Med: 122 | |
Market Activity 11385
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Learn More About This Property
| State | NY |
|---|---|
| County | Queens |
| City | Ridgewood |
| Zip Code | 11385 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 11385) | |
Price: $2,750,000 low | high Med: $1,100,000 sqft: 3,100 low | high Med: 2,727 $ / sqft: $887 low | high Med: $422 On site: 78 low | high Med: 122 | |
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