59-16 67th Avenue

$1,498,000
Price
8
Beds
4
Baths
3,710 Sq. Ft.
$404 / Sq. Ft.
3,710
Sq. Ft.
$404
per Sq. Ft.

Description

Don't miss this outstanding investment property in prime Ridgewood! This four-family building is well-maintained, fully occupied and not rent-stabilized.
Building Size: 26-feet by 70-feet (3,710-square feet)
Lot Size: 26-feet by 112
Current rents for the two-bedroom plus den, one-bathroom railroad apartments are $1275, $2000, $2000 and $2250.
Total expenses: Approx. $22,500 annually
Annual Net Operating Income: Approx. $67,500
4.5% CAP Rate investment with room for growth in rent roll.
This very well-kept
...Don't miss this outstanding investment property in prime Ridgewood! This four-family building is well-maintained, fully occupied and not rent-stabilized.

Building Size: 26-feet by 70-feet (3,710-square feet)
Lot Size: 26-feet by 112
Current rents for the two-bedroom plus den, one-bathroom railroad apartments are $1275, $2000, $2000 and $2250.
Total expenses: Approx. $22,500 annually
Annual Net Operating Income: Approx. $67,500
4.5% CAP Rate investment with room for growth in rent roll.

This very well-kept four-family is located on a tree-lined Ridgewood block with plenty of street parking. Rosemary's Playground and Joseph F. Mafera Park are nearby, and abundant shops, restaurants and services can be found along Forest and Myrtle avenues. The M and L trains, excellent bus service and Citibike stations put the rest of the city within easy reach.

Listing Agent

  1. Jeff Reyngach

    Jeff Reyngach

    Listing Agent

    Compass

Amenities

  • Walk Up
  • Voice Intercom
  • Lowrise

Location

Add your commute
LISTING UPDATED: 05/05/2021 12:25 PM

Property Details for 59-16 67th Avenue

StatusPermanently Off Market
MLS IDH6098372
Days on Market55
Taxes$751 / month
Maintenance-
Min. Down Pymt-
Total Rooms16.0
Compass TypeTownhouse
MLS TypeSingle Family
Year Built1930
Lot Size2,959 SF / 26' x 112'
CountyQueens County

Building

59-16 67th Ave

4 Units2 StoriesBuilt in 1930

Location

Add your commute

Building Information for 59-16 67th Avenue

Stories2Year Built1930Building Size26.5' x 70'Building Sq. Ft3,710 SFLot Size2,959 SF / 26' x 112'Building AgePre-warBuilding TypeHouseSenior Community-

Payment Calculator

$8,926 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,175

Property Taxes

$751

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 59-16 67th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 59-16 67th Avenue

Taxable ValueLand$32,850Additions$226,800Total$259,650
Home Facts
Total Finished SqFt3,710 SqFtLot Size2,958 SqFtYear Built1930ZoningR5BAPN4035030023

Schools near 59-16 67th Avenue

This home is within New York City Geographic District #24.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
P.S. 88 Seneca
PublicPK to 5

Is 77
Public6 to 8

Maspeth High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.