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959 Seneca Avenue 959 Seneca Ave 6 Unit Apartment Building For Sale Ridgewood, NY 11385
Executive Summary
Six-unit residential building
Located in prime Ridgewood
Total building size: 5,850 sq ft
Lot dimensions: 26 x 107.33 (2,791 sq ft)
Fully leased with strong in-place income. Based on the upcoming renewals of units 1R, 1L, 2L, 3R
Six residential units (all occupied)
All units rent-stabilized
Building features:
Brand new appliances
Remodeled kitchens & bathrooms
Digital doorman system
Average unit size: ~975 sq ft, with three-bedroom and two-bedroom layouts.
Built in 1931
2A Tax Class: capped annual tax increases
Low annual property taxes: ~$17,070
Additional buildable area: ~2,500+ sq ft (FAR 3)
5-minute walk to Myrtle–Wyckoff L & M trains
Located in prime Ridgewood
Total building size: 5,850 sq ft
Lot dimensions: 26 x 107.33 (2,791 sq ft)
Fully leased with strong in-place income. Based on the upcoming renewals of units 1R, 1L, 2L, 3R
Six residential units (all occupied)
All units rent-stabilized
Building features:
Brand new appliances
Remodeled kitchens & bathrooms
Digital doorman system
Average unit size: ~975 sq ft, with three-bedroom and two-bedroom layouts.
Built in 1931
2A Tax Class: capped annual tax increases
Low annual property taxes: ~$17,070
Additional buildable area: ~2,500+ sq ft (FAR 3)
5-minute walk to Myrtle–Wyckoff L & M trains
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Sale Type | Investment | Lot Size | 0.07 AC |
| No. Units | 6 | Building Size | 5,850 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1931 |
| Building Class | C | ||
| Zoning | C4 - Regional commercial center located outside of the central business districts | ||
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 5,850 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1931 |
| Zoning | C4 - Regional commercial center located outside of the central business districts |
1 1
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 03573-0008 | Total Assessment | $146,662 (2026) |
| Land Assessment | $2,412 (2026) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $144,250 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
03573-0008
Land Assessment
$2,412 (2026)
Improvements Assessment
$144,250 (2026)
Total Assessment
$146,662 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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959 Seneca Avenue | 959 Seneca Ave
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