7037 72nd Place, New York, NY, 11385
$1,498,000
activeBedrooms
8
Bathrooms
4
Lot Size
2,521 sqft
Year Built
1931
Type
Multi Family
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Exceptional Investment Opportunity – Detached 4-Family in Prime Ridgewood/Glendale Welcome to this rare, fully detached 4-Family buiding located in one of the most sought-after neighborhoods on the Ridgewood/Glendale. This is the kind of high-demand, income-producing asset that savvy investors/end-users wait for—and it won’t last long. Positioned just minutes from The Shops at Atlas Park, residents enjoy convenient access to premier shopping, dining, and entertainment. The property is also ideally located near the bustling intersection of Central Ave & Cooper Ave, offering effortless access to everyday essentials. Situated on a generous 25 x 100.83 ft lot, this impressive 2-story property with basement offers approximately 4,500 sq ft of interior space. Featuring a total of 16 rooms, 8 bedrooms, 4 kitchens, and 4 full bathrooms, this building is designed for strong rental income and long-term value. Property Layout: * Basement Approximately 1,500 sqft: featuring a dedicated boiler/utility room and expansive flexible space—ideal for a recreation area, laundry setup, home gym, library, or additional storage. Offers three convenient access points—from the first floor, the front of the house, and direct access to the private 875 sq ft backyard—enhancing functionality and versatility for both owners and tenants. * 1st Floor Approximately 1,500 Sqft: Two spacious 2-bedroom railroad-style apartments, each with full bath, kitchen, dining, and living areas. * 2nd Floor Approximately 1,500 Sqft: Two spacious 2-bedroom railroad-style apartments recently renovated. Four-family properties like this are highly desirable for their low operating expenses and strong income potential, making this an ideal addition to any investment portfolio or a smart opportunity for owner-users. Don’t miss your chance to secure a high-performing asset in a prime location!
Listed by Siddhartha Lama E-PRO, Prime America Real Estate Inc
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of May 9, 2026, 7:09 PM 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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