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4 Six-Family Buildings in Ridgewood 4 Multifamily Properties Offered at $4,026,711 in Multiple Locations

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INVESTMENT HIGHLIGHTS

  • Desirable unit mix of one and two bedroom units
  • Located in Ridgewood, Queens - named by StreetEasy as the hottest neighborhood to watch in 2025
  • Strong and consistent rental demand

EXECUTIVE SUMMARY

This rare, multi-building investment opportunity in the heart of Ridgewood, Queens features four six-family properties totaling 24 rent-stabilized residential units. The portfolio offers a desirable unit mix of 18 one-and-a-half-bedroom railroad-style apartments and 6 two-bedroom boxed apartments, providing strong and consistent rental demand. All four buildings are conveniently located within a 0.7-mile (9.5-block) radius of one another, allowing for streamlined management and operational efficiency. The properties also benefit from close proximity to both the Seneca Avenue and Forest Avenue M train stations, ensuring excellent transit access.
Ridgewood continues to emerge as one of New York City’s most dynamic neighborhoods. Recently named one of the “Best Neighborhoods in the World” by Time Out Magazine and recognized by StreetEasy as the hottest neighborhood to watch in real estate for 2025, Ridgewood offers investors outstanding long-term upside. Ideally positioned along the Brooklyn-Queens border adjacent to Bushwick and East Williamsburg, the neighborhood combines close access to vibrant nightlife with a quieter, residential atmosphere that today’s renters increasingly seek. The area is characterized by charming two-story row houses and a rapidly expanding collection of bars, cafés, restaurants, and local businesses.
According to StreetEasy’s 2025 report, year-over-year searches for Ridgewood increased by 13.2%, while median rents rose by 8.3%, underscoring the area’s accelerating demand and growth trajectory. This portfolio presents a compelling opportunity to secure a stable, income-producing asset in one of New York City’s most promising and rapidly appreciating neighborhoods.

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual $99,999
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

PROPERTY FACTS

Price $4,026,711
Price / SF $194.18 / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 5.26%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 20,737 SF
Total Land Area 0.23 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
19-23 Linden St, Flushing, NY 11385 Multifamily 5,175 SF 1915 -
5954 Gates Ave, Ridgewood, NY 11385 Multifamily 5,925 SF 1930 -
505 Onderdonk Ave, Ridgewood, NY 11385 Multifamily 4,875 SF 1930 -
683 Onderdonk Ave, Ridgewood, NY 11385 Multifamily 4,762 SF 1930 -
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  • Listing ID: 39141411

  • Date on Market: 1/20/2026

  • Last Updated:

  • Address: 4 Six-Family Buildings in Ridgewood, Flushing, NY

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