Exceptional opportunity to acquire a fully leased six-family brick building in the highly resilient Ridgewood/Glendale rental corridor of Queens.
This well-maintained asset comprises six spacious two-bedroom, one-bathroom apartments, each offering generous living areas and functional kitchen layouts. The consistent two-bedroom unit mix remains one of the strongest-performing configurations in this submarket, supporting steady tenant demand and long-term rent stability.
Constructed of solid brick and positioned in a prime location near transportation, shopping, dining, and everyday conveniences, the property benefits from strong rental fundamentals and enduring neighborhood appeal.
An ideal turnkey investment offering immediate cash flow in one of Queens' most dependable multifamily corridors.
Investment Highlights:
100% Occupied - Immediate Cash Flow
Gross Scheduled Income: $124,063.2
Net Operating Income: $79,827.2
Cap Rate: 6.15%
Price Per Unit: $216,333
Active
Price cut: $50K (8/11)
$1,098,000
7220 67th St, Ridgewood, NY 11385
12beds
--sqft
Multi Family
Built in 1931
-- sqft lot
$1,102,700 Zestimate®
$--/sqft
$-- HOA
What's special
- 196 days
- 246
- 17
Zillow last checked:
Listing updated:
Listed by:
Berkshire Hathaway HomeServices New York Properties 718-344-2668,
Doron Berenholtz
Source: StreetEasy,MLS#: S1812957
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Features
- Has fireplace: No
Property
Details
- Parcel number: 037000035
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1931
Community & HOA
Community
- Subdivision: Glendale
Location
- Region: Ridgewood
Financial & listing details
- Annual tax amount: $16,500
- Date on market: 3/9/2026
Estimated market value
$1,102,700
$1.05M - $1.16M
$3,236/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Price change | $1,098,000-4.4% |
Source: StreetEasy #S1812957 Report a problem | ||
| 7/16/2026 | Price change | $1,148,000-8% |
Source: StreetEasy #S1812957 Report a problem | ||
| 5/21/2026 | Price change | $1,248,000-3.9% |
Source: StreetEasy #S1812957 Report a problem | ||
| 3/9/2026 | Listed for sale | $1,298,000 |
Source: StreetEasy #S1812957 Report a problem | ||
Public tax history
Tax history is unavailable.






