Homes for sale - 60-33 68th AVE, Ridgewood, NY 11385

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DEXTER PHILLIP

dexter.phillip@exprealty.com +1(917) 809-9210

$ 970,000

Est. payment | -/mo

12 Beds

6 Baths

Save

$ 970,000

Est. payment | -/mo

Save

12 Beds

6 Baths

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEYL3590203

Bedrooms 12

Full Baths 6

Originating Board onekey2

Rental Info No

Year Built 1930

Annual Tax Amount $17,331

Lot Dimensions 34x90

Property Description

EXP Realty has retained the exclusive to present 60-33 68th Avenue in Ridgewood, Queens for Sale. Building size is a wide 28 X 58, 4872 sqft and Lot is a large 34 X 90, 3060 sqft, Zoning R5B. This tree-line building is an exceptionally rare fully-detached, southeastward-facing, lime-colored 3 story frame property that encompass 6 rent stabilized units of which 5 are occupied with 1 vacant (3R-$1,435). Each apartment is approximately 720 sqft, 2-bedroom 1-bathroom with an abundance of sunlight from a rare feature, that all rooms contain windows. Annual Preferential rent roll is $96K and Legal Rent roll is $102K, both rent roll includes 3R-$1435. There are only 6 people quietly residing within the property. Annual taxes are $17K, and with its Heat, Insurance, Water and Sewage, total expenses are $31K. Property has been exceedingly well maintained with no outstanding issues or repairs required. Boiler is about 12 years old and roof is about 8 years. Property has clean DHCRs with proper leases in place. No current HPD or DOB violations within the last 30 years which demonstrate non-problematic tenants. Absolutely no tenant issues with rents being paid on time. It's about a 5 minute walk for the M train on Forest Avenue Station. This property is an incredible investment for a savvy investor that truly understands this area of Ridgewood, Queens. We have pictures and virtual tours of all apartments, all DHCRS and Leases, and complete financials are all available upon request.

Location

State NY

County Queens

Rooms

Basement Full

Interior

Heating Natural Gas, Steam

Cooling None

Fireplace No

Appliance Gas Water Heater

Exterior

Parking Features None

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Frame,Aluminum Siding

Schools

Middle Schools Brooklyn Prep High School

High Schools Brooklyn Latin School (The)

School District Brooklyn 14

Others

Senior Community No

Special Listing Condition None

Listed by EXP Realty

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+1(917) 809-9210

dexter.phillip@exprealty.com

104 West 40th Street 4th Floor, New York, NY, 10018, USA

60-33 68th AVE Ridgewood, NY 11385