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  • 60-33 68th Avenue Ridgewood, NY 11385
    $970,000
    12 Bedrooms 6 Full Baths Sq. Ft. 4872.00:#
    Multi Family Commercial ML# 3590203
    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.
    Presented By: EXP Realty  888-276-0630
    Call Today: (516)318-1392, or  Email: ALL STAR REAL ESTATE BROKERS
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OneKey™ MLS The data relating to real estate for sale on this web site comes in part from the OneKey™ MLS. Real Estate listings held by brokerage firms other than All Star Real Estate Brokers are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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