7204 Forest Ave
Ridgewood, NY 11385
Ridgewood- 10 Beds
- 5 Baths
- 5,951 sqft
10 Beds
5 Baths
5,951 sqft
Local Information
-- mins to
Description
Corner Brick Mixed-Use 5 Family + Store w/ Garage & Full Basement! This is an Investor's Dream! 5.7% CAP Rate! Building is located in prime Ridgewood, bordering gorgeous parks in Glendale and the trendiest restaurants and nightlife in Ridgewood. Just 5 mins to M train (Forest Ave) 3 blocks to Evergreen Park 7 blocks to the Rosemary's Playground Steps away from all shopping, boutiques, and groceries. This income-producing property features: - 5 Free Market Apartments (each are 2 Br/ 1 Bath) - Commercial Store is approx. 800 sq. ft (tenants have a 5-year lease) - All Apartments are in good condition, original wood floors that respect its pre-war character and charm: bright exterior, very high ceilings, hardwood floors, tall windows and so much more! - Quiet building. Very well maintained. - Full Basement - 1 Car Garage - Neighborhood highlights include: Art galleries, trendy nightlife bars, famous restaurants and an organic Farmer's market on Saturdays. Great Investment Opportunity!
7204 Forest Ave, Ridgewood, NY 11385 is a 10 bedroom, 5 bathroom, 5,951 sqft multi-family in Ridgewood, built in 1931. It last sold for $2,150,000 on Jun 2, 2021. More recently, it was listed as a rental in August 2017 with an asking price of $2,000 per month. That rental listing was removed on November 25, 2017. It is currently off market. The Trulia Estimate is $2,132,900, with a rent estimate of $3,606/month.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 7204 Forest Ave
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Year Built Year Built: 1931 |
Property Type / Style Property Type: Multi Family |
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Interior Details Types of Rooms: Dining Room, Family Room |
Appliances & Utilities Refrigerator |
Levels, Entrance, & Accessibility Floors: Tile, Hardwood |
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Parking & Garage Parking Space: 1Parking: On Street |
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Units in Building: 5 |
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Lot Area: 2591 sqft |
Price History for 7204 Forest Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 06/02/2021 | $2,150,000 | Sold | N/A |
| 01/20/2021 | $2,425,000 | Pending | OneKey® MLS as distributed by MLS GRID #3237340 |
| 10/02/2020 | $2,425,000 | PriceChange | Agent Provided |
| 08/24/2020 | $2,525,000 | PriceChange | Agent Provided |
| 07/28/2020 | $2,650,000 | Listed For Sale | Agent Provided |
| 11/25/2017 | $2,000 | ListingRemoved | Agent Provided |
| 08/19/2017 | $2,000 | Listed For Rent | Agent Provided |
| 04/15/2014 | $1,800 | ListingRemoved | Agent Provided |
| 03/09/2014 | $1,800 | Listed For Rent | Agent Provided |
| 12/27/2000 | $221,000 | Sold | N/A |
Market trends in New York
Last updated May 2026
Avg. sale price
$772K
$5KMoM
Sale-to-List Price
97.8%
Price per sq ft
$643
$10MoM
Available listings
18549
515MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $1,226,000 |
Home facts updated by county records
Comparable Sales for 7204 Forest Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.22 | Multi-Family Home | $2,000,000 | 07/01/26 | 8 | 4 | 3,720 | |
0.15 | Multi-Family Home | $1,382,000 | 07/28/25 | 9 | 3 | 3,712 | |
0.14 | Multi-Family Home | $1,250,000 | 02/12/26 | 10 | 3 | 3,420 | |
0.30 | Multi-Family Home | $1,440,000 | 08/04/25 | 8 | 4 | 2,750 | |
0.43 | Multi-Family Home | $1,800,000 | 06/04/26 | 8 | 4 | 3,000 | |
0.56 | Multi-Family Home | $2,900,000 | 02/12/26 | 15 | 6 | 5,850 | |
0.71 | Multi-Family Home | $1,800,000 | 03/16/26 | 9 | 4.5 | 5,400 | |
0.30 | Multi-Family Home | $1,388,000 | 04/16/26 | 8 | 3 | 2,248 | |
0.24 | Multi-Family Home | $1,590,000 | 04/09/26 | 4 | 3 | 3,360 | |
0.41 | Multi-Family Home | $1,044,750 | 05/12/26 | 8 | 4 | 2,600 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 7204 Forest Ave.
What Locals Say about Ridgewood
At least 1283 Trulia users voted on each feature.
89 % Say it's walkable to grocery stores
88 % Say there are sidewalks
84 % Say it's dog friendly
84 % Say it's walkable to restaurants
73 % Say streets are well-lit
69 % Say people would walk alone at night
60 % Say there's holiday spirit
59 % Say kids play outside
57 % Say they plan to stay for at least 5 years
52 % Say yards are well-kept
50 % Say neighbors are friendly
44 % Say it's quiet
38 % Say car is needed
38 % Say there are community events
33 % Say there's wildlife
27 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
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