Property
| Ownership: | Multi-Family |
|---|---|
| Rooms: | 18 |
| Bedrooms: | 7 BR |
| Bathrooms: | 4½ |
| Pets: | No Pets Allowed |
Financials
Price:$1,595,000
Real estate tax:$12,775
Listing Courtesy of Compass
7101 Cooper Avenue, Ridgewood, NY 11385 Fully Occupied 3 Family Built 2005 3, 250 Sq Ft Package Deal Opportunity Exceptional opportunity to acquire a fully occupied, income producing 3 family ...
Description
7101 Cooper Avenue, Ridgewood, NY 11385
Fully Occupied 3-Family | Built 2005 | 3,250 Sq Ft | Package Deal Opportunity
Exceptional opportunity to acquire a fully occupied, income-producing 3-family property in the heart of Ridgewood.
Constructed in 2005, this modern 20 x 54 building offers approximately 3,250 square feet of livable space, featuring well-proportioned boxed rooms throughout for maximum layout efficiency and rental appeal.
Each unit includes:
Renovated kitchens
Updated bathrooms
High-efficiency lighting
Clean, modern finishes
Tenants are responsible for their own gas, electric, and heat, keeping operating expenses streamlined. The owner covers only property taxes, water, and insurance — creating a predictable and investor-friendly expense structure.
The second and third-floor units each feature private balconies, while the first-floor unit enjoys direct access to the backyard — a strong tenant retention feature.
Additional Value-Add Potential
The property also offers:
Opportunity to create a recreational space in the basement
Potential to duplex the first floor with the basement (subject to approvals)
This provides flexibility for increased rental income or an enhanced owner-user configuration.
Rare Package Deal Opportunity
This property is being offered together with the adjacent building, creating a rare assemblage opportunity that includes:
Four total parking spaces
Two-car garage
Additional outdoor parking
Backyard space
Income-producing properties with dedicated parking in Ridgewood are increasingly scarce — making this a standout portfolio acquisition.
Ideal For:
• Investors seeking stable cash flow
• 1031 exchange buyers
• Portfolio expansion
• End-users looking to offset mortgage with rental income
Located in prime Ridgewood near transportation, shopping, restaurants, and neighborhood amenities.
A rare opportunity to secure a well-built (2005) income-producing asset with expansion potential in one of Queens’ strongest rental markets.
Amenities
Outdoor Parking;
- Voice Intercom
Neighborhood
More listings:

RLS Data display by Nest Seekers LLC.
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All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.