1718 Himrod Street, Ridgewood, NY 11385

• 4,875 sqft

Property Description

Investor's Dream in Prime Ridgewood,Queens! This well-maintained 6-Family building offers a rare opportunity to own a stable, income-producing asset in one of Queens' most sought-after neighborhoods. The property features **Six Residential Units, all configured as spacious 2-bedroom, 1-bathroom apartments**, a highly desirable layout that continues to attract strong tenant demand. With a proven rental history, the building generates **$106,500 in annual gross rental income** and produces approximately **$73,400 in net operating income**, offering an attractive **7.73% cap rate** at the asking price of **$950,000**. Located in the heart of Ridgewood, residents enjoy easy access to popular restaurants, cafés, boutique shopping, parks, nightlife, and multiple public transportation options. The neighborhood's strong rental demand, vibrant atmosphere, and convenient access to Brooklyn and Manhattan make this an excellent long-term investment opportunity. Whether you're looking to expand your portfolio or secure a foothold in one of New York City's most resilient rental markets, this income-producing property checks all the boxes. Don't miss this opportunity to own a cash-flowing multifamily asset in a prime Ridgewood location.

Listing Status:

Active

Data Last Updated:

June 25, 2026 at 2:21PM

Listing Office:

Annkey Realty, Inc. : 347-553-2661

MLS ID:

1007752

Interior

• Basement: Finished
• Flooring: Hardwood
• A/C: Wall/Window Unit(s)
• Heating: Radiant

Exterior

• Style: Row Dwelling
• Parking: On Street

Location

• Originating MLS: onekey2
• School District: Contact Agent
• County: Queens

Lot

• Zoning: R6B03432-0016

Utilities

• Utilities: Electricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2