71-03 Cooper Avenue 3FAM
$1,595,000
MLS# RLS20111114 · Glendale
Listed August 26, 2026 · 76 days on the market
9 Beds 5 Baths 3,240 Sq.Ft.
About This Property
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.
Agent's Note
From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Compass.
Each of the three floors holds one unit, and the first floor unit opens directly onto the backyard. The second and third floor units each have a private balcony, and there's private outdoor space of over 60 square feet.
A balcony gives a unit direct outdoor access without a trip through the building. How much use it gets depends on depth, privacy and exposure, so those are worth checking in person.
Each unit has a renovated kitchen and an updated bathroom, with high-efficiency lighting and clean, modern finishes. Across the three units there are nine bedrooms and five bathrooms, and the building dates from 2005.
The sale is offered together with the adjacent building. The package adds four parking spaces, including a two-car garage, additional outdoor parking and backyard space.
The Uncle Vito F. Maranzano Glendale Playground is about 4 minutes away on foot, and Pinocchio Playground is about 8 minutes. Grace Pizzeria and Glendale Diner are each about a minute from the door, and the Ideal Food Basket supermarket is about 8 minutes on foot.
Quick answers+
Is there private outdoor space?
Yes. The second and third floor units each have a private balcony, and the first floor unit has direct access to the backyard. Private outdoor space is over 60 square feet.
How many bedrooms and bathrooms does the property have?
Nine bedrooms and five bathrooms across the three units.
Are the kitchens renovated?
Yes. Each unit includes a renovated kitchen and an updated bathroom.
Curtis Bain
Brown Harris Stevens
Property Features
Home features
- Private outdoor space (over 60 sq ft)
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$9,340 / month
- Principal and interest$8,065
- Property taxes$1,275
Due at closing
- Down payment (20%)$319,000
- NYS “mansion tax” (1%)$15,950
- Mortgage recording tax (1.925%)$24,563
Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
Location & Nearby
Map
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71-03 Cooper Avenue 3FAM
Parks
- "Uncle" Vito F. Maranzano Glendale PlaygroundAbout 4 min walk
- Pinocchio PlaygroundAbout 8 min walk
Public schools · Elementary schools
- P.S. 91 Richard ArkwrightAbout 6 min walk
- P.S./I.S. 119 The GlendaleAbout 8 min walk
Middle schools
- Middle Village Preparatory Charter School · CharterAbout 19 min walk
Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.
Gallery
Property Photos
Listing Courtesy of Compass
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.