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
$1,298,000
7220 67th St, Ridgewood, NY 11385
12beds
--sqft
Multi Family
Built in 1931
-- sqft lot
$1,244,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 58 days |
- 177 |
- 8 |
Zillow last checked:
Listing updated:
Listing by:
Berkshire Hathaway HomeServices New York Properties 718-344-2668,
Doron Berenholtz
Source: StreetEasy,MLS#: S1812957
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Interior area
- Total structure area: 0
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
$1,244,300
$1.18M - $1.31M
$3,242/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/9/2026 | Listed for sale | $1,298,000 |
Source: StreetEasy #S1812957 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Glendale
Nearby schools
GreatSchools rating
- 4/10Ps 91 Richard ArkwrightGrades: PK-5Distance: 0.2 mi
- 6/10I.S. 119 the GlendaleGrades: K-8Distance: 0.6 mi
- 2/10Grover Cleveland H.S.Grades: 9-12Distance: 1.4 mi
A local agent can set up tours, give advice and negotiate with sellers.






