1726 Summerfield Street, Ridgewood, NY 11385

$2,700,000
12
BD
10
BA

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Sold Price
$2,700,000
Days on Market
41
Closing Date
Sep 18, 2026
MLS#
1012669
Status
CLOSED
Property Type
Triplex
Year Built
1931
Property Tax
$9,415
School District
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High School
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Jr. High
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Elementary School
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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!!!

Additional Information

Bedrooms
12
Bathrooms
10
Full Baths
10
Acres
0.06
Parking
On Street
Basement
Finished
Heating
Electric, ENERGY STAR Qualified Equipment, Heat Pump, Separate Meters
Cooling
Ductless, ENERGY STAR Qualified Equipment, Separate Meters
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Qun D. Lin (sweet2keys@gmail.com) from Listing Office: Sweet Key Realty Group Inc.

Selling Office: Loyaltty Inc.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.