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About the Listing SWTK01 - 174105
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 units Modern kitchens and updated bathrooms throughout In-unit washer and dryer in every apartment Separate utilities; tenants responsible for heat, gas, and electric where applicable Property Highlights: Full gut renovation> >Sound-insulated walls and floor assemblies between units >Oversized new windows providing abundant natural light >High-end appliances and contemporary interior finishes >Transit-oriented location with strong rental demand >Attractive opportunity for long-term income-oriented investors >Approximate 6.82% cap rate!!!
Listing Highlights
Interior Details
- Bedrooms: 12
- Bathrooms: 10 Full
- Appliances:
- Air Cond: Ductless,ENERGY STAR Qualified Equipment,Separate Meters
- Heating: Electric,ENERGY STAR Qualified Equipment,Heat Pump,Separate Meters
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished
- Other: First Floor Bedroom,Chefs Kitchen,Granite Counters,High Speed Internet,Natural Woodwork,Open Kitchen,Quartz/Quartzite Counters,Walk Through Kitchen
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others: Renovated
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $9,415
- Taxes w/Assessments: N/A
- Tax/Property ID: 03567-0022
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
1726 Summerfield St Ridgewood, NY 11385
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