74-23 64th Lane

$1,250,000
Price
6
Beds
2
Baths
2,080 Sq. Ft.
$601 / Sq. Ft.
2,080
Sq. Ft.
$601
per Sq. Ft.

Description

Pics are when the property was vacant Being delivered with occupied with qualified renters that pay on time! Attention Investors! Opportunities like this don't come knocking often, but when they do, it's time to take notice. Picture this: a fully functional, turnkey income producer nestled in the heart of Ridgewood, Queens. With lower bank rates making financing more enticing than ever, now is the perfect time to seize this multi-family gem. Conveniently situated in a renters' haven, this legal Two-Family...Pics are when the property was vacant Being delivered with occupied with qualified renters that pay on time! Attention Investors! Opportunities like this don't come knocking often, but when they do, it's time to take notice. Picture this: a fully functional, turnkey income producer nestled in the heart of Ridgewood, Queens. With lower bank rates making financing more enticing than ever, now is the perfect time to seize this multi-family gem. Conveniently situated in a renters' haven, this legal Two-Family home, is primed to be a money-making machine. Boasting a Spacious 3-bedroom Apartment on BOTH the First and Second floor, each unit is close to 1000sqft! But it's not just about the living spaces - it's about Location, Location, Location. Just a 13-minute stroll from the Fresh Pond M-Line Subway, residents enjoy unparalleled access to the city. And with an abundance of amenities right on their doorstep - from eclectic eateries to trendy bars - every convenience is within reach... Even bushwick is only a 5 minute bike ride away! What sets this Opportunity apart for investors? Let's talk numbers. With an excellent rent roll potential and a neighborhood teeming with demand, the revenue streams are ripe for the picking. Plus, with commuting made seamless thanks to multiple transportation options, including bus routes and subway lines, attracting quality tenants has never been easier. But it doesn't end there. Low taxes sweeten the deal, while the Partially Finished basement presents additional income potential. And with the promise of future legalization for accessory dwellings, courtesy of HPD, the value only continues to grow. In a world where home office space is now a necessity, these large units offer versatility, making them all the more desirable in today's market. So, seize the opportunity to own a slice of Ridgewood, where the demand for quality rental properties continues to soar. Don't let this golden investment slip through your fingers. Act now and reap the rewards of prime real estate in one of Queens' most sought-after neighborhoods. Number 4 in the world according to recent headlines! Important Details: Built in 1915. Building: 20X52. Lot: 20x100. R5b Zoning. All information deemed reliable but not guaranteed. Buyers are expected to perform their own due diligence.
  1. Listed by Amberly Sclar • BLT Minimax Realty Inc
    P: 718-609-0800 C: 718-609-0800 bltminimax@gmail.com

Property Details for 74-23 64th Lane

Township
Queens
Architectural Style
Two Story
Community Features
Park,Near Public Transportation
Garage Spaces
.00
Section Area
74 Ave

Location

Listing Courtesy of BLT Minimax Realty Inc
Add your commute
LISTING UPDATED: 04/16/2024 01:52 AM

Property Details for 74-23 64th Lane

StatusContract Signed
MLS ID3534345
Days on Market33
Taxes$6,649 / year
Maintenance-
Min. Down Pymt-
Total Rooms12.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1915
Lot Size2,000 SF / 20' x 100'
CountyQueens County

Building

74-23 64th Ln

2 Units2 StoriesBuilt in 1915

Location

Listing Courtesy of BLT Minimax Realty Inc
Add your commute

Building Information for 74-23 64th Lane

Stories2Residences2Year Built1915Building Size20' x 52'Building Sq. Ft2,080 SFLot Size2,000 SF / 20' x 100'Building Age-Building Type-

Payment Calculator

$7,376 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$554

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 74-23 64th Lane

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 10
  • Tax Block: 3599
  • Tax Lot: 19
  • Property Attached: Yes
  • Structure Type: true
  • Levels: Three Or More
  • Property Condition: excellent
  • New Construction YN: No
  • Flood Zone Report: 0
  • Lot Size Source: Other
  • Country: USA
  • State Or Province: NY
School Information
  • School District: Queens 24
  • Elementary School District: Queens 24
  • Middle Or Junior School District: Queens 24
  • Middle Or Junior School: Is 119 Glendale (The)
  • High School District: Queens 24
  • High School: Grover Cleveland High School
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 2
Room Information
Room 1 Information
  • Room Level: Basement
  • Room Type: Additional
  • RoomDescription 1: FULL PARTIALLY FINISHED
Room 2 Information
  • Room Level: First
  • Room Type: Additional
  • Room Description: 3 BED 1 BATH + BACKYARD ACCESS / PAYS $2950 M-M 5.31.24
Room 3 Information
  • Room Level: Second
  • Room Type: Additional
  • Room Description: 3 BED 1 BATH / PAYS $2500 M-M 3.31.24
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 03599-0019
  • Tax Map Number: 03599-0019
Interior and Exterior Features
Interior Features
  • Amenities: Near Public Transportation, Park, Public, Two Story
  • Number Of Kitchens: 2.0
  • Total Rooms: 12
  • Living Area Units: Square Feet
  • Basement: Full, Partially Finished
  • Fireplaces Total: 0
  • Location Amenities: 2 Story, Near Public Transportation
  • Common Walls: 2+ Common Walls
  • Exclusions: Air Filter
Exterior Features
  • Exterior Property Features: None, Park, Near Public Transportation, Near Public Transit
  • Elevation Certificate: No
  • Construction Materials: Brick
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Dimensions: 20x100
  • Site Features: Park, Near Public Transportation, Near Public Transit
  • Building Area Units: Square Feet
Parking
  • Parking Features: None
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: None, Window Unit(s)
  • Heating: Natural Gas, Hot Water
  • Heat Fuel Type: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Number Of Separate Gas Meters: 2
  • Sewer: Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 2
Green Features
  • Green Features: Natural Gas, Hot Water

Property History for 74-23 64th Lane

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

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

Public Records for 74-23 64th Lane

Taxable ValueLand$15,420Additions$40,140Total$55,560
Home Facts
Total Finished SqFt2,080 SqFtLot Size2,000 SqFtYear Built1915ZoningR5BAPN4035990019

Schools near 74-23 64th Lane

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. 91 Richard Arkwright
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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BLT Minimax Realty Inc

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.