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About the Listing 7222 - 66816
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 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.
Interior Details
- Bedrooms: 9
- Bathrooms: 4 Full / 2 Half
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Building No,No,Pets Allowed
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 21.620000x102.740000
- Roof:
- Others: Private Outdoor Space Over 60 Sqft
- Sewer:
Financial Details
- Tax Amount: $153,300
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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71-03 Cooper Ave Unit 3FAM New York, NY 11385
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