Under contract

1726 Summerfield St, Queens, NY 11385

Beds
12
Baths
10
Sqft
3,100

View property features, location on map, relevant school information and overview from seller's agent.

Listed bySweet Key Realty Group Inc
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
12
Number of bathrooms
10
Square feet
3,100
Lot size (acres)
0.06
Year built
1931

Interior features

Basement
Yes, Finished
Laundry
In Unit Washer/Dryer

Utilities

Heating
ENERGY STAR Qualified Equipment, Electric, Heat Pump
Cooling
ENERGY STAR-qualified Equipment, Ductless
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2026)
$9,415

Public schools

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Sourced from: Onekey MLS MLS®#: 1012669 Last checked:

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