862 Woodward Avenue

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Address: 8-62 Woodward Ave, Ridgewood, NY 11385, USA
New York & Tri-State + Apartment Buildings
Created date: April 10, 2026
Date last updated: September 18, 2026
Price: $1,349,000Investment Analyzer NEW!

Property 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

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,349,000
Year Built: 1930
Lot Size: 5,775.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 15
Number of Bathrooms: 6
Address: 862 Woodward Avenue, Ridgewood, NY 11358, USA
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Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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