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1728 Greene Ave 6 Unit Apartment Building Offered at $1,834,932 CAD at a 10.52% Cap Rate Ridgewood, NY 11385
INVESTMENT HIGHLIGHTS
- Great Cashflow
EXECUTIVE SUMMARY
Prime investment opportunity. Sold As-Is. All apartments were renovated. Not Vacant. 5 Apartments - rent stabilized. 1 Apartment - free market.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$191,649
|
$39.31
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$191,649
|
$39.31
|
| Taxes |
$19,426
|
$3.98
|
| Operating Expenses |
$12,641
|
$2.59
|
| Total Expenses |
$32,066
|
$6.58
|
| Net Operating Income |
$159,582
|
$32.73
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $191,649 |
| Annual Per SF | $39.31 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $191,649 |
| Annual Per SF | $39.31 |
| Taxes (CAD) | |
|---|---|
| Annual | $19,426 |
| Annual Per SF | $3.98 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $12,641 |
| Annual Per SF | $2.59 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $32,066 |
| Annual Per SF | $6.58 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $159,582 |
| Annual Per SF | $32.73 |
PROPERTY FACTS
| Price | $1,834,932 CAD | Building Class | C |
| Price Per Unit | $305,822 CAD | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 4,875 SF |
| Cap Rate | 10.52% | No. Stories | 3 |
| No. Units | 6 | Year Built | 1930 |
| Property Type | Multifamily | ||
| Zoning | R6B - a medium-density residential zoning district that preserves the neighborhood character of traditional row house and small multi-family building areas | ||
| Price | $1,834,932 CAD |
| Price Per Unit | $305,822 CAD |
| Sale Type | Investment |
| Cap Rate | 10.52% |
| No. Units | 6 |
| Property Type | Multifamily |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,875 SF |
| No. Stories | 3 |
| Year Built | 1930 |
| Zoning | R6B - a medium-density residential zoning district that preserves the neighborhood character of traditional row house and small multi-family building areas |
1 1
Walk Score®
Walker's Paradise (94)
Transit Score®
Rider's Paradise (99)
Bike Score®
Very Bikeable (83)
PROPERTY TAXES
| Parcel Number | 03436-0017 | Total Assessment | $161,440 CAD (2025) |
| Land Assessment | $2,475 CAD (2025) | Annual Taxes | $19,426 CAD ($3.98 CAD/SF) |
| Improvements Assessment | $158,965 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
03436-0017
Land Assessment
$2,475 CAD (2025)
Improvements Assessment
$158,965 CAD (2025)
Total Assessment
$161,440 CAD (2025)
Annual Taxes
$19,426 CAD ($3.98 CAD/SF)
Tax Year
2024
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1728 Greene Ave
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