71-03 Cooper Avenue, Queens, NY 11385

$1,595,000
Active for Sale
7 Beds
4 Baths
3240 SF
 
Listing ID 40029993
Property Type Townhouse
County Queens
Neighborhood Glendale
FEMA Flood Map fema.gov/portal
   
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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.
Property Details
  • 7 Total Bedrooms
  • 4 Full Baths
  • 3240 SF (AG)
  • Available 3/02/2026
  • Townhouse (Apt. Type)
Interior Features
  • 14 Rooms
Community Details
  • Townhouse (Bldg. Style)
  • Pets Allowed
Listed By
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