For more information regarding the value of a property, please contact us for a free consultation.
1726 Summerfield ST Ridgewood, NY 11385
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $2,700,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1012669
Sold Date 09/18/26
Bedrooms 12
Full Baths 10
Rental Info No
Year Built 1931
Annual Tax Amount $9,415
Lot Size 2,500 Sqft
Acres 0.0574
Property Sub-Type Triplex
Source onekey2
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 units
Modern kitchens and updated bathrooms throughout
In-unit washer and dryer in every apartment
Separate utilities; tenants responsible for heat, gas, and electric where applicable
Property 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!!!
Location
State NY
County Queens
Rooms
Basement Finished
Interior
Interior Features First Floor Bedroom, Chefs Kitchen, Granite Counters, High Speed Internet, Natural Woodwork, Open Kitchen, Quartz/Quartzite Counters, Walk Through Kitchen
Heating Electric, ENERGY STAR Qualified Equipment, Heat Pump, Separate Meters
Cooling Ductless, ENERGY STAR Qualified Equipment, Separate Meters
Fireplace No
Exterior
Parking Features On Street
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Contact Agent
Middle Schools Call Listing Agent
High Schools Contact Agent
School District Contact Agent
Others
Senior Community No
Special Listing Condition None
Read Less
Bought with Loyaltty Inc
NEARBY SCHOOLS & BUSINESSES
GET MORE INFORMATION