BEDS12
BATHS10 full
MLS#1012669
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLContact Agent
Property Description
Turnkey, fully gut-renovated 4-family investment property located in the heart of Ridgewood. This exceptional income-producing asset offers approximately $208,800 annual gross income and is conveniently located just minutes from the L train, providing easy access to Manhattan, including Union Square, East Village, and Downtown Brooklyn.Completely renovated from top to bottom, the property features modern finishes and quality construction upgrades designed for long-term durability, low maintenance, and strong rental appeal. Situated in one of Ridgewood's most desirable rental neighborhoods with consistent tenant demand.Unit Configuration:(2) Duplex-style 3-bedroom, 2.5-bath units with private backyard access(2) Spacious 3-bedroom, 2-bath unitsModern kitchens and updated bathrooms throughoutIn-unit washer and dryer in every apartmentSeparate utilities; tenants responsible for heat, gas, and electric where applicableProperty Highlights:Full gut renovation> >Sound-insulated walls and floor assemblies between units>Oversized new windows providing abundant natural light>High-end appliances and contemporary interior finishes>Transit-oriented location with strong rental demand>Attractive opportunity for long-term income-oriented investors>Approximate 6.82% cap rate!!!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished
Cooling: Ductless, ENERGY STAR Qualified Equipment, Separate
Heating: Electric, ENERGY STAR Qualified Equipment, Heat Pump
Lot Size: 0.06 Acres
Taxes: $9,415
Year Built: 1931
Amenities
First Floor Bedroom
Chefs Kitchen
Granite Counters
High Speed Internet
Natural Woodwork
Open Kitchen
Quartz/Quartzite Counters
Walk Through Kitchen
Feature Descriptions
Building Area Total: 3100
Days on Site: 15
Exterior: Brick
Heating Units: 4
On Market Date: 2026-06-12
Parcel Number: 03567-0022
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 5
Separate Gas Meters: 4
Sewer: Public Sewer
Units: 4
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Water: Public
Local Schools
High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent
Listed By / Shown By
Listing By
Agency Name: Sweet Key Realty Group Inc
Agency Contact: 347-323-2443
Shown By
Agent Name: Joseph Sclafani, Lic. RE Salesperson
Agent Phone: Cell: (845) 480-2634
Agency Title: Joyce Realty
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Estimated Payment
$ 7,706.97 per month $6,120.31 Principal & Interest $784.58 Property Tax $802.08 Homeowner's Insurance
1726 Summerfield Street | MLS# 1012669
This multi-family property located at 1726 Summerfield Street , Ridgewood, NY 11385 is currently listed for sale with an asking price of $2,750,000. Summerfield Street is located within the Contact Agent school district. Search Ridgewood real estate on jsclafani.joycerealty.com today.