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67-02 60th St 3 Unit Apartment Building $2,200,000 ($733,333/Unit) Ridgewood, NY 11385
Executive Summary
Executive Summary
67-02 60th Street presents a compelling investment opportunity in Ridgewood, Queens. This fully occupied, three-story mixed-use property features one commercial unit and two residential units, offering a balanced income profile in a well-established neighborhood. The property sits on a 20 x 90-foot lot, with a 20 x 90-foot ground floor and 20 x 65-foot upper floors. Additional features include ADA-compliant access, three private parking spaces, and a prominent signage opportunity. With 100% occupancy and flexible mixed-use potential, this asset is well suited for investors seeking stable cash flow and long-term value in Ridgewood.
Highlights
100% Occupancy
3 Floors
Commercial Units: 1
Residential Units: 2
Zoning: R5B
Lot Dimensions: 20 x 90
(Ground Floor) Building Dimensions: 20 x 90
(Upper Floors) Building Dimensions: 20 x 65
ADA-Compliant
3 Private Parking Spots
Signage Opportunity
Location Highlights
Close Proximity to Public Transit / Subway
Located in front of the Q58, B13, B20 Bus Lines
67-02 60th Street presents a compelling investment opportunity in Ridgewood, Queens. This fully occupied, three-story mixed-use property features one commercial unit and two residential units, offering a balanced income profile in a well-established neighborhood. The property sits on a 20 x 90-foot lot, with a 20 x 90-foot ground floor and 20 x 65-foot upper floors. Additional features include ADA-compliant access, three private parking spaces, and a prominent signage opportunity. With 100% occupancy and flexible mixed-use potential, this asset is well suited for investors seeking stable cash flow and long-term value in Ridgewood.
Highlights
100% Occupancy
3 Floors
Commercial Units: 1
Residential Units: 2
Zoning: R5B
Lot Dimensions: 20 x 90
(Ground Floor) Building Dimensions: 20 x 90
(Upper Floors) Building Dimensions: 20 x 65
ADA-Compliant
3 Private Parking Spots
Signage Opportunity
Location Highlights
Close Proximity to Public Transit / Subway
Located in front of the Q58, B13, B20 Bus Lines
Property Facts
| Price | $2,200,000 | Apartment Style | Low-Rise |
| Price Per Unit | $733,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| No. Units | 3 | Building Size | 4,400 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1980 |
| Zoning | R5B - A contextual, low-density residential zoning district in NYC, primarily designed for three-story row houses and small apartment buildings that match existing neighborhood character. | ||
| Price | $2,200,000 |
| Price Per Unit | $733,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 4,400 SF |
| No. Stories | 3 |
| Year Built | 1980 |
| Zoning | R5B - A contextual, low-density residential zoning district in NYC, primarily designed for three-story row houses and small apartment buildings that match existing neighborhood character. |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 03503-0031 | Improvements Assessment | $46,441 |
| Land Assessment | $9,431 | Total Assessment | $55,872 |
Property Taxes
Parcel Number
03503-0031
Land Assessment
$9,431
Improvements Assessment
$46,441
Total Assessment
$55,872
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