About This Home

This 15-bedroom, 6-bathroom residential multi family at 862 Woodward Avenue in Ridgewood, NY is listed for $1,349,000 ($234 per sqft). Built in 1930, the home offers 5,775 sqft of living space on a 0.06 acres lot.

Key Features

  • Built in 1930
  • 0.06 acre lot
  • 3 stories

Property Details

3 stories
6 full
1930

Amenities

A/C
Listing Description

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

Monthly Cost Estimate

$7,215/mo

20% down · 6.5% · 30 years

Principal$976
Interest$5,846
Insurance$393

Estimates only. Actual payments may vary.

Location

862 Woodward Avenue

Ridgewood, NY 11358

Questions & Answers

This 15-bedroom, 6-bathroom residential multi family at 862 Woodward Avenue is listed at $1,349,000 ($234/sqft). The estimated monthly payment is $7,214 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.06 acre lot, 3 stories.

This property is listed by Dazhi (Simon) Su.

DS

Dazhi (Simon) Su

Agent at Womcore LLC dba Remax Edge

Listed by Womcore LLC dba Remax Edge · Broker phone: (718) 612-3088 · View on Broker Site · Broker website

MLS# 500211· Source: Brooklyn New York Multiple Listing Service· 207 days on PropertySimple

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

862 Woodward Avenue, Ridgewood, NY 11358

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