7037 72nd Pl 4 Unit Apartment Building $1,498,000 ($374,500/Unit) 5.79% Cap Rate Glendale, NY 11385

Exceptional Investment Opportunity – Detached 4-Family in Prime Ridgewood/Glendale Welcome to this rare, fully detached 4-Family building located in one of the most sought-after neighborhoods on the Ridgewood/Glendale. This is the kind of high-demand, income-producing asset that savvy investors/end-users wait for—and it won’t last long. Positioned just minutes from The Shops at Atlas Park, residents enjoy convenient access to premier shopping, dining, and entertainment. The property is also ideally located near the bustling intersection of Central Ave & Cooper Ave, offering effortless access to everyday essentials. Situated on a generous 25 x 100.83 ft lot, this impressive 2-story property with basement offers approximately 4,500 sq ft of interior space. Featuring a total of 16 rooms, 8 bedrooms, 4 kitchens, and 4 full bathrooms, this building is designed for strong rental income and long-term value. Property Layout: * Basement Approximately 1,500 sqft: featuring a dedicated boiler/utility room and expansive flexible space—ideal for a recreation area, laundry setup, home gym, library, or additional storage. Offers three convenient access points—from the first floor, the front of the house, and direct access to the private 875 sq ft backyard—enhancing functionality and versatility for both owners and tenants. * 1st Floor Approximately 1,500 Sqft: Two spacious 2-bedroom railroad-style apartments, each with full bath, kitchen, dining, and living areas. * 2nd Floor Approximately 1,500 Sqft: Two spacious 2-bedroom railroad-style apartments recently renovated. Four-family properties like this are highly desirable for their low operating expenses and strong income potential, making this an ideal addition to any investment portfolio or a smart opportunity for owner-users. Don’t miss your chance to secure a high-performing asset in a prime location!