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1718 Himrod Street

Ridgewood, NY 11385

$950,000 PRICE
4,875 Sqft
0.06 Acres
1930 Built
$195 Price/Sqft

Investor's Dream in Prime Ridgewood,Queens! This well-maintained 6-Family building offers a rare opportunity to own a stable, income-producing asset in one of Queens' most sought-after neighborhoods. The property features **Six Residential Units, all configured as spacious 2-bedroom, 1-bathroom apartments**, a highly desirable layout that continues to attract strong tenant demand. With a proven rental history, the building generates **$106,500 in annual gross rental income** and produces approximately **$73,400 in net operating income**, offering an attractive **7.73% cap rate** at the asking price of **$950,000**. Located in the heart of Ridgewood, residents enjoy easy access to popular restaurants, cafés, boutique shopping, parks, nightlife, and multiple public transportation options. The neighborhood's strong rental demand, vibrant atmosphere, and convenient access to Brooklyn and Manhattan make this an excellent long-term investment opportunity. Whether you're looking to expand your portfolio or secure a foothold in one of New York City's most resilient rental markets, this income-producing property checks all the boxes. Don't miss this opportunity to own a cash-flowing multifamily asset in a prime Ridgewood location.

Additional Information

ADDITIONAL INFORMATION

BASEMENT DESCRIPTION: Finished
DAYS ON MARKET: 69
ELEMENTARY SCHOOL DISTRICT: Contact Agent
ON MARKET DATE: 2026-06-03
PARKING: On Street
SEWER: Public Sewer
STYLE: Row Dwelling
TAX AMOUNT: $14,361
TYPE: Commercial Sale
UNIT COUNT: 6
UTILITIES: Natural Gas Available, Electricity Available, Electricity Connected, Natural Gas Connected
YEAR BUILT: 1930

INTERIOR/EXTERIOR FEATURES

CONSTRUCTION MATERIALS: Brick
COOLING: Wall/Window Unit(s)
FLOORING: Hardwood
HEAT: Radiant

Listing Courtesy of Thinley Yangkyi of Annkey Realty, Inc. (347.553.2661).

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Our community offers residents access to a number of fine private and public schools for all grade levels. Please read below for information on each of the schools in our area.

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