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… Read More 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. Read Less
Listing Courtesy of: Dorian Nasto, Compass
Listing Snapshot
Days Online
178
Last Updated
Property Type
MultiFamily
Beds
9
Full Baths
5
Partial Baths
2
Square Ft.
3,240
Year Built
2005
MLS Number
RLS20074103
Additional Details
Building
Built in 2005, Living area: 3240.0, Living area units: SquareFeet, 3 stories, Levels: ThreeOrMore, Entry level: 1
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by Coldwell Banker Warburg. If you have any questions regarding the accuracy of this data, please contact us at [email protected]. Data updated:
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