19-23 Linden St
Flushing, NY 11385
4 Six-Family Buildings in Ridgewood · Multifamily Property For Sale

This rare, multi-building investment opportunity in the heart of Ridgewood, Queens features four six-family properties totaling 24 rent-stabilized residential units. The portfolio offers a desirable unit mix of 18 one-and-a-half-bedroom railroad-style apartments and 6 two-bedroom boxed apartments, providing strong and consistent rental demand. All four buildings are conveniently located within a 0.7-mile (9.5-block) radius of one another, allowing for streamlined management and operational efficiency. The properties also benefit from close proximity to both the Seneca Avenue and Forest Avenue M train stations, ensuring excellent transit access.
Ridgewood continues to emerge as one of New York City’s most dynamic neighborhoods. Recently named one of the “Best Neighborhoods in the World” by Time Out Magazine and recognized by StreetEasy as the hottest neighborhood to watch in real estate for 2025, Ridgewood offers investors outstanding long-term upside. Ideally positioned along the Brooklyn-Queens border adjacent to Bushwick and East Williamsburg, the neighborhood combines close access to vibrant nightlife with a quieter, residential atmosphere that today’s renters increasingly seek. The area is characterized by charming two-story row houses and a rapidly expanding collection of bars, cafés, restaurants, and local businesses.
According to StreetEasy’s 2025 report, year-over-year searches for Ridgewood increased by 13.2%, while median rents rose by 8.3%, underscoring the area’s accelerating demand and growth trajectory. This portfolio presents a compelling opportunity to secure a stable, income-producing asset in one of New York City’s most promising and rapidly appreciating neighborhoods.