Log In/Sign Up
Your email has been sent.
561 Fairview Ave - 561 Fairview 3 Unit Apartment Building Offered at $2,553,860 CAD at a 5.61% Cap Rate Ridgewood, NY 11385
Investment Highlights
- Amazing location, easy to rent and generate income
- Renovated and market ready units.
Executive Summary
Prime investment opportunity for owner occupied or rental income. Located in prime Ridgewood. Renovated apartments with 2 - 2Br 1 bath and 1 - 4Br 2 Bath
apartments. All free market.
apartments. All free market.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$173,759
|
$64.17
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$173,759
|
$64.17
|
| Taxes |
$12,571
|
$4.64
|
| Operating Expenses |
$17,881
|
$6.60
|
| Total Expenses |
$30,452
|
$11.25
|
| Net Operating Income |
$143,307
|
$52.92
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $173,759 |
| Annual Per SF | $64.17 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $173,759 |
| Annual Per SF | $64.17 |
| Taxes (CAD) | |
|---|---|
| Annual | $12,571 |
| Annual Per SF | $4.64 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $17,881 |
| Annual Per SF | $6.60 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $30,452 |
| Annual Per SF | $11.25 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $143,307 |
| Annual Per SF | $52.92 |
Property Facts
Amenities
Unit Amenities
- Washer/Dryer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 4+2 | 1 | - | - |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 03383-0004 | Total Assessment | $63,535 CAD (2026) |
| Land Assessment | $11,212 CAD (2026) | Annual Taxes | $12,571 CAD ($4.64 CAD/SF) |
| Improvements Assessment | $52,324 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
03383-0004
Land Assessment
$11,212 CAD (2026)
Improvements Assessment
$52,324 CAD (2026)
Total Assessment
$63,535 CAD (2026)
Annual Taxes
$12,571 CAD ($4.64 CAD/SF)
Tax Year
2025
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
561 Fairview Ave - 561 Fairview
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.