17-15 Stanhope St, Ridgewood, NY 11385

17-15 Stanhope Street offers investors a strong opportunity to acquire a well-located multi-family asset

in Ridgewood, Queens—one of New York City’s most sought-after and fast-evolving neighborhoods.

Built in 1930, this three-story walk-up totals 4,875 square feet and is configured with six rent-stabilized

residential units, averaging approximately 691 square feet per apartment. The property is situated on a

2,500 square foot lot with building dimensions of 25 ft x 65 ft.

The offering has the option to be delivered with the entire 2nd-floor and unit 1R vacant for new owner

occupancy. Combination of these units would result in a ~2,073 SF black canvass unit for new ownership

to do as they please.

Current Ownership has put major capital into the property over the last few years including new

kitchens, hot water heater, gas boiler, flooring and ceiling work in apartments, bulkhead skylight,

exterior pointing, among other upgrades. The Super (1L) also has access to a partially finished basement.

A key highlight is the property’s protected 2A tax class status, providing meaningful insulation from

sharp tax volatility and supporting more stable, predictable operating expenses over time.

With its favorable tax profile, established unit mix, and desirable Ridgewood positioning, 17-15 Stanhope

Street is well-suited for long-term ownership and durable performance.

Please direct all inquiries to Cushman & Wakefield