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6 Family well maintained 761 Seneca Ave

6 Unit Block of Flats £1,018,949 (£169,825/Unit) 5.39% Net Initial Yield Ridgewood, NY 11385

Investment Highlights

  • Very well maintained
  • Zoning R6B, C1-4
  • Location, commercial street, steps walking to subway station

Executive Summary

Very well maintained, stabilized 6 families, on the busy commercial street, 2 mins walking to the subway, easy to manage. 1 year old roof.
Lot: 25*90 Building: 25*62
Rents lease expired
1R 1624 11/30/2025
1L 1760 10/31/2026
2R 1964. 12/31/2026
2L 1107.55 04/30/2026
3R 1094.60(scrie 933) 12/31/2026
3L 1100.00. 08/31/2026
total: 8650.15/month

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income £81,423 £17.51
Other Income - -
Vacancy Loss - -
Effective Gross Income £81,423 £17.51
Net Operating Income - -

Financial Summary (Actual - 2024)

Gross Rental Income
Annual £81,423
Annual Per SF £17.51
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £81,423
Annual Per SF £17.51
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price £1,018,949
Price Per Unit £169,825
Sale Type Investment
Net Initial Yield 5.39%
No. Units 6
Property Type Residential
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.05 AC
Building Size 4,650 SF
Number of Floors 3
Year Built 1930
Parking Ratio 0.43/1,000 SF

Unit Amenities

  • Basement

Site Amenities

  • 24 Hour Access
Walk Score ®
Walker's Paradise (92)
Transit Score ®
Rider's Paradise (99)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03459-0004
Land Assessment
£2,171
Improvements Assessment
£125,080
Total Assessment
£127,252

zoning

Zoning Code R6B (Medium density residential district)
R6B (Medium density residential district)
  • Listing ID: 33656533

  • Date on Market: 27/10/2024

  • Last Updated:

  • Address: 761 Seneca Ave, Ridgewood, NY 11385

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