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Sold for $1,150,000
  • $1,150,000

    6049 67th Ave, Ridgewood, NY 11385

    17beds
    3,599sqft
    MultiFamily
    Built in 1915
    -- sqft lot
    $1,541,900 Zestimate®
    $320/sqft
    $2,865 Estimated rent

    Home value

    $1,541,900

    $1.37M - $1.74M

    $2,865/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $2,865/mo

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    $2,865/mo

    Rent Zestimate®

    Refinance and save

    $6,667/mo

    Est. payment

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    $6,667/mo

    Est. payment

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    What's special

    100% OCCUPIED!! Looking for a prime investment opportunity in the heart of Ridgewood, Queens? Look no further! This three-family brick corner building on 60-49 67th Street is a cash cow waiting for you to take advantage of. With 17 rooms rented out individually, this property has been legally converted into an SRO and has a stellar location just one block away from buzzing Freshpond Road. The building has been immaculately maintained and boasts a 0% vacancy rate, thanks to its prime location and a?ordable rents. All tenants have been paying rent on time without interruption, so you can rest assured that this is a risk averse investment. With a Net Operating Income (NOI) of $80,400 and an asking price of only $1,200,000, this property o?ers a fantastic CAP rate of 6.7%. This is an incredible opportunity to generate consistent rental income and build long-term wealth. Don't miss out on this amazing investment opportunity. Contact us today to schedule a viewing and make an o?er before it's too late!" RENT-ROLL UPON REQUEST

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 17
    • Bathrooms: 3
    • Full bathrooms: 3
    Interior area
    • Total interior livable area: 3,599 sqft

    Property

    Lot
    • Size: 1,485 sqft
    Details
    • Parcel number: 035310070

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1915

    Community & neighborhood

    Location
    • Region: Ridgewood

    Price history

    DateEventPrice
    6/4/2024Listing removed--
    Source: StreetEasy Report a problem
    5/30/2023Sold$1,150,000-4.2%$320/sqft
    Source: Public Record Report a problem
    5/25/2023Pending sale$1,200,000$333/sqft
    Source: StreetEasy Report a problem
    5/25/2023Listing removed--
    Source: StreetEasy Report a problem
    5/5/2023Pending sale$1,200,000$333/sqft
    Source: StreetEasy Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $71,880 -13.9%
    2023-- $83,520 -4.8%
    2022-- $87,720 +15.1%

    Find assessor info on the county website

    Neighborhood: Ridgewood

    Nearby schools

    GreatSchools rating