*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., Additional information: Appearance:excellent
Sold for $1,200,000 on 05/29/24
$1,200,000
74-23 64 Lane, Ridgewood, NY 11385
6beds
--sqft
Duplex
Built in 1915
-- sqft lot
$1,231,500 Zestimate®
$--/sqft
$3,894 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 21, 2024 at 05:58am
Listed by:
Amberly Sclar 718-501-5292,
BLT Minimax Realty Inc 718-609-0800
Bought with:
Janusz Opiola, 10401379678
Exit All Seasons Realty
Source: OneKey® MLS,MLS#: L3534345

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water, Natural Gas
Cooling
- None, Wall/Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Basement: Full,Partially Finished
- Attic: None
- Has fireplace: No
Property
Parking
- Parking features: None
Features
- Levels: Split Entry (Bi-Level),Three Or More
Lot
- Size: 2,000 sqft
- Dimensions: 20 x 100
- Features: Near Public Transit, Near School, Near Shops
Details
- Parcel number: 035990019
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Brick
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Gas: Separate Gas Meters: 2
- Water: Public
Community & neighborhood
Location
- Region: Glendale
Other
Other facts
- Listing agreement: Exclusive Right To Lease