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$2,750,000 Just Listed
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!!!
Full Property Details
Full Property Details for 17-26 Summerfield St
General
- Price: $2,750,000
- Taxes: $9,415
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1012669
- Updated: 6/12/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: First Floor Bedroom, Chefs Kitchen, Granite Counters, High Speed Internet, Natural Woodwork, Open Kitchen, Quartz/Quartzite Counters, Walk Through Kitchen
Rooms
Bathrooms
- Total Bathrooms: 10
- Full Bathrooms: 10
Bedrooms
- Total Bedrooms: 12
Parking
- Parking Features: On Street
Location
- County: Queens
School Information
- High School District: Contact Agent
- Elementary School: Contact Agent
- Middle School: Call Listing Agent
- High School: Contact Agent
Heating & Cooling
- Cooling Type: Ductless, ENERGY STAR Qualified Equipment, Separate Meters
- Heating Type: Electric, ENERGY STAR Qualified Equipment, Heat Pump, Separate Meters
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished
- Building Size: 3100
- Square Feet: 3,100
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.0574
- Lot Size (Sq. Ft.): 2,500
Financial Considerations
- Tax Amount: $9,415
Disclosures and Reports
- Special Conditions: None
- Property ID: 03567-0022
Listed by Sweet Key Realty Group Inc
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Schools
Schools serving 17-26 Summerfield St
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Ps 68 Cambridge 59-09 St Felix Ave, Queens, NY 11385 | PK-5 | 0.1 mi |
Joseph F Quinn Intermediate School 77 976 Seneca Ave, Queens, NY 11385 | 6-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 17-26 Summerfield St
Date
Details
Price
Change
Source
6/12/2026
Listed
$2,750,000
4900%
MLS
12/01/2023
Sold
$55,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 17-26 Summerfield St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,808
—
$75,691
7%
2025
$8,808
—
$70,461
-74%
2024
$8,809
8%
$274,500
321%
2023
$8,158
6%
$65,254
-76%
2022
$7,712
8%
$274,500
18%
2021
$7,142
6%
$231,750
3%
2020
$6,761
—
$225,000
20%
2019
$6,760
10%
$187,380
273%
2017
$6,151
—
$50,195
4%
2017
$6,151
7%
$48,358
8%
2016
$5,774
8%
$44,788
7%
2015
$5,371
6%
$41,693
—
2014
$5,076
2%
$41,693
8%
2013
$4,997
—
$38,612
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 17-26 Summerfield St
1726 Summerfield Street, Ridgewood, NY 11385 (MLS# 1012669) is a Multi-Family property with 4 units containing 12 bedrooms and 10 full bathrooms. 1726 Summerfield Street is currently listed for $2,750,000 and was received on June 12, 2026. Want to learn more about 1726 Summerfield Street? Do you have questions about finding other Multi-Family real estate for sale in Ridgewood? You can browse all Ridgewood real estate or contact a Coldwell Banker agent to request more information.
