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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

    *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

    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#: L3534345MLS Logo

    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
    Services availability