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60-33 68th Avenue, Ridgewood, NY 11385

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For Sale

$970,000

12 beds6 baths4,872 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $199.10
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 3590203

Courtesy Of eXp Realty

(888) 276-0630

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Aluminum Siding
  • Heating System
    Steam
  • Lot Size
    0.07 Acres

Map and Directions

Directions to 60-33 68th Avenue, Ridgewood, NY 11385
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Home seller CENTURY 21 Amiable Realty Group II

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Amiable Realty Group II

(718) 835-4700
Learn More About Us

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