1823 Bleecker St, Ridgewood, NY, 11385
About This Home
This semi-detached six-family building in Ridgewood features 1,400 SF of unused air rights, a high rent roll, and excellent air and light.The building consists of three free-market units and three rent-stabilized units.All units have one bedroom, one bathroom, and beautiful hardwood flooring and some are fully renovated with dishwashers and washers/dryers.At three stories high, the building is 3,600 SF and measures 20' x 60'.It sits on a 2,500 SF lot measuring 25'x100'.The building has a gross annual income of approximately $168,240 and has a 6.74% actual cap rate.The building is conveniently located just a short walk from the M train at Seneca Avenue and the L train at Dekalb Avenue.This is an excellent opportunity to invest in a 50% free-market building with a high rent roll and air rights in prime Ridgewood.
Getting Around
Walker's Paradise
Very Limited Transit
Very BikeableSchools
Construction
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Features
- Finished area above ground: 0
Heating
- Heating features: Has Heating (Unspecified Type)
Interior Area
- Total structure area: 0
Property
Details
- Lease amount: 0
Features
- Frontage length: 0
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Queens County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,860 | $118,320 |
| Home Insurance * | $514 | $6,168 |
| Property Taxes | $1,218 | $14,616 |
| Electricity | $246 | $2,954 |
| Total | $11,838 | $142,056 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-10-22 | Price change | $1,950,000 |
| 2025-10-17 | Price change | $1,900,000 |
| 2024-11-04 | Price change | $1,750,000 |
| 2024-05-06 | Listing removed | -- |
| 2024-04-24 | Listed for rent | $2,696 |
| 2024-04-16 | Price change | $1,825,000 |
| 2023-10-05 | Listed for sale | $1,850,000 |
| 2023-04-27 | Listing removed | -- |
| 2022-04-19 | Listed for sale | $1,850,000 |
| 2015-07-29 | Listing removed | $1,100,000 |
| 2015-05-27 | Price change | $1,100,000 |
| 2015-04-30 | Listed for sale | $1,300,000 |
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