71-01 Cooper Avenue #3FAM, Queens, NY 11385
Local realty services provided by:CENTURY 21 Awaye Realty
71-01 Cooper Avenue #3FAM,Queens, NY 11385
$1,595,000
- 7 Beds
- 6 Baths
- 3,507 sq. ft.
- Multi-family
- Active
Listed by: dorian nasto
Office: compass
MLS#:RLS20074072
Source:NY_REBNY
Price summary
- Price:$1,595,000
- Price per sq. ft.:$454.8
About this home
7101 Cooper Avenue, Ridgewood, NY 11385
Fully Occupied 3-Family | Built 2005 | 3,507 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....
Contact an agent
Home facts
- Year built:2005
- Listing ID #:RLS20074072
- Added:60 day(s) ago
- Updated:April 29, 2026 at 10:36 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:6
- Full bathrooms:4
- Half bathrooms:2
- Rooms Total:14
- Basement:Yes
- Living area:3,507 sq. ft.
Structure and exterior
- Year built:2005
- Building area:3,507 sq. ft.
- Levels:3 Story
Finances and disclosures
- Price:$1,595,000
- Price per sq. ft.:$454.8
- Tax amount:$181,008
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