4-79 Woodward Ave - Multi-Family FOR SALE


Ridgewood, NY 11385
$1,260,000 USD
718-360-8817
4-79 Woodward Ave, Ridgewood, NY for Sale
$1,260,000 USD
Multi-Family - FOR SALE
1/7
null | 7.77% Cap Rate

4-79 Woodward Ave
Ridgewood, NY 11385


OVERVIEW

Investment Property Realty Group (IPRG) is pleased to present the exclusive offering of 479 Woodward Avenue in Ridgewood, Queens. This well-located 4-unit multifamily property offers a steady income with significant value-add potential. The building consists of four spacious units, with one unit currently vacant—ideal for owner-occupancy or for renovating to increase to market rent. The remaining three units are occupied on month-to-month leases, providing flexibility for rent adjustments or future renovations. This setup presents a clear path to reposition the asset and enhance overall cash flow. Whether you’re looking to renovate and raise rents or hold for long-term appreciation, this property offers strong fundamentals and built-in upside. The property is located within walking distance from the L and M subway lines.

FOR SALE DETAILS

PRICE

$1,260,000 USD

PRICE/SF

$434 USD /SF

# OF UNITS

4

PRICE/UNIT

$315,000

CAP RATE

7.77%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R6B

APN/PARCEL ID

03388-0008

ASK ABOUT THIS PROPERTY

Tom ReynoldsInvestment Property Realty GroupMore Info
718-360-8817

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Tom ReynoldsInvestment Property Realty GroupMore Info
718-360-8817

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.