1726 Summerfield Street, New York, NY, 11385
$2,750,000
activeBedrooms
12
Bathrooms
10
Lot Size
2,500 sqft
Year Built
1931
Type
Multi Family
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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!!!
Listed by Qun D. Lin, Sweet Key Realty Group Inc
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Jun 13, 2026, 9:01 AM UTC (date and time MLS GRID Data was obtained). 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.
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