862 Woodward Avenue, Ridgewood, NY 11385 - Photo 1

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$1,399,000

For Sale
Active
Commercial

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Property Description

Extra-wide solid brick 6 family in prime Ridgewood, 1st time on market in decades, turn key property. Well-maintained, railroad style, high-ceiling basement, 7 gas meters and 7 electric meters. Three 3-bedroom apartments and three 2-bedroom apartments. New roof replaced in 2022, new skylight, basement front entrance door, and new boiler in 2023. Close to 5,800 square feet of interior space, building size is 27.5x70, lot size is 27.5x100. Property tax is $19,650. Close to $130,000 gross income and $90,000 NOI, generating 6.4% cap rate at asking price. Excellent location, close to all. Priced to sell. DHCR available upon request.

Full Property Details

Full Property Details for 8-62 Woodward Ave

General

Price: $1,399,000
Taxes: $19,650
Status: Active
Type: Commercial
Source: Long_Island
MLS ID: 930045
Updated: 10/30/2025
Added to Site: 79 day(s) ago

Parking

Parking Features: None

Location

County: Queens
Cross Streets: Cornelia St
Driving Directions: Use GPS

School Information

High School District: Contact Agent
Elementary School: Contact Agent
Middle School: Call Listing Agent
High School: Contact Agent

Heating & Cooling

Cooling Type: Wall/Window Unit(s)
Heating Type: Baseboard

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: See Remarks

Structural Information

Detached/Attached: Attached
Construction: Brick
Basement: Yes
Basement Desc.: Finished, Full Basement
Building Size: 5775
Square Feet: 5,775
Year Built: 1930

Lot Features

Lot Size (Acres): 0.0629
Lot Size (Sq. Ft.): 2,742

Financial Considerations

Tax Amount: $19,650

Disclosures and Reports

Special Conditions: None
Property ID: 03473-0035
Block: 3473
Lot Number: 35

Listed by RE/MAX Edge

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Schools

Schools serving 8-62 Woodward Ave

School District:New York City Geographic School District 24

Name	Grades	Distance
Ps 88 Seneca 60-85 Catalpa Ave, Queens, NY 11385	PK-5	0.3 mi
Joseph F Quinn Intermediate School 77 976 Seneca Ave, Queens, NY 11385	6-8	0.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8-62 Woodward Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/30/2025

Listed

$1,399,000

448.63%

MLS

6/02/1999

Sold

$255,000

—

Public Record

Get Price Alerts and Save Property

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 8-62 Woodward Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$19,650

3%

$157,196

-64%

2024

$19,032

8%

$434,700

208%

2023

$17,629

10%

$141,006

-62%

2022

$16,019

8%

$372,600

12%

2021

$14,833

-2%

$333,000

-9%

2020

$15,082

3%

$365,850

5%

2019

$14,606

14%

$349,380

222%

2017

$12,776

—

$108,466

8%

2017

$12,776

7%

$100,451

8%

2016

$11,991

—

$93,015

—

2015

$11,983

9%

$93,015

3%

2014

$10,967

6%

$90,080

8%

2013

$10,380

—

$83,436

—

View All

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 8-62 Woodward Ave

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Listed by Toula Polios Realty Group LLC

862 Woodward Avenue, Ridgewood, NY 11385 (MLS# 930045) is a Commercial property. 862 Woodward Avenue is currently listed for $1,399,000 and was received on October 30, 2025. Want to learn more about 862 Woodward Avenue? Do you have questions about finding other Commercial real estate for sale in Ridgewood? You can browse all Ridgewood real estate or contact a Coldwell Banker agent to request more information.

8-62 Woodward Ave Ridgewood, NY 11385