Check Availability
$1,825,000
↓ $25K (1.4%)
Multifamily - For Sale

1823 Bleecker Street

Ridgewood, NY 11385
bedrooms
Studio
bathrooms
6 Baths
$8,962
Estimated Monthly
$0
HOA / Fees

About This Property

This semi-detached six-family building in Ridgewood features 1,400 SF of unused air rights, a high rent roll, and excellent air and light.   The building consists of three free-market units and three rent-stabilized units.   All units have one bedroom, one bathroom, and beautiful hardwood flooring and some are fully renovated with dishwashers and washers/dryers.  At three stories high, the building is 3,600 SF and measures 20' x 60'.   It sits on a 2,500 SF lot measuring 25' x 100.'   The building has the potential to produce a gross annual income of approximately $187,594 and has a 8.26% potential cap rate.   The building is conveniently located just a short walk from the M train at Seneca Avenue and the L train at Dekalb Avenue.   This is an excellent opportunity to invest in a 50% free-market building with a high rent roll and air rights in prime Ridgewood.
Unit Size
-
Days on Market
206 days
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1930
Listed By
Emma Barattini
EVERGREEN REALTY & INVESTMENTS
Last updated: 3 days ago (NYSMLS #11213370)

Price History

Date / Event Date Event Price
Apr 17, 2024 Price Decreased $1,825,000
↓ $25K (1.4%)
Price Decreased
Oct 5, 2023 Listed by EVERGREEN REALTY & INVESTMENTS $1,850,000
Listed by EVERGREEN REALTY & INVESTMENTS
Dec 19, 2018 Sold to Jianle Huang, Huijiao Xu $1,410,000
Sold to Jianle Huang, Huijiao Xu
Oct 9, 2015 Sold to Silvershore Properties 100 Llc $950,000
Sold to Silvershore Properties 100 Llc

Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
Stu
-
-
$1,450,000 May 16, 2023
$1,450,000 Dec 29, 2023
$512/mo
Townhouse
Stu
-
-
$1,410,000 Nov 29, 2017
$1,410,000 Apr 27, 2018
-
Commercial
Loft
-
-
$1,575,000 Jun 25, 2021
$1,575,000 Dec 3, 2021
-
Multifamily
9 Beds
4 Baths
-
$1,550,000 Sep 15, 2021
$1,550,000 Dec 3, 2021
$910/mo
Multifamily
9 Beds
6 Baths
-
$1,350,000 Aug 8, 2019
$1,350,000 Jul 31, 2020
$1,943/mo
Multifamily
5 Beds
3 Baths
-
$1,999,000 May 24, 2022
$1,999,000 Aug 5, 2022
$429/mo
House
Stu
-
-
$1,599,000 Oct 12, 2022
-
$857/mo
House
Stu
-
-
$1,599,000 Aug 9, 2023
-
$722/mo
House
Stu
-
-
$1,488,000 Feb 1, 2024
-
-
Multifamily
14 Beds
7 Baths
-
$1,850,000 Jan 16, 2022
-
$717/mo
Multifamily
12 Beds
12 Baths
-
$1,800,000 Apr 21, 2023
-
$2,313/mo
Multifamily
7 Beds
4 Baths
-
$1,800,000 Mar 28, 2024
-
$351/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

1823 Bleecker Street 1823 Bleecker Street, Ridgewood, NY 11385
  • 6 Units
  • 1 Unit for Sale
More about this Building
1823 Bleecker Street
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