74-23 64 Lane, Ridgewood, NY 11385 | MLS 3534345 | Listing Information | Berkshire Hathaway HomeServices Laffey International Realty | Berkshire Hathaway HomeServices Laffey International Realty
Pending
$1,250,000  

74-23 64 Lane
Ridgewood, NY 11385

Multi-Family
Residential
6
Beds
2
Baths
0.05
Acres Lot
Listing by: BLT Minimax Realty Inc, 718-609-0800
*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.
3534345
Multi-Family, 2 Story, 3+ Story
6
Queens
2 Full
1915
0.05 Acres
Public
Brick
12
School Information
Is 119 Glendale (The)
Grover Cleveland High School
Bathrooms
2
Total:2
Interior Features
Appliances
Gas Water Heater
Cooling
None, Window Unit(s)
Heating
Gas Heat. Hot Water.
Common Walls
2 Common Walls
Basement
Full, Partially Finished
Exterior / Lot Features
Parking
No Garage, None.
Exterior
Brick
Lot Dimensions
20x100
Additional Exterior/Lot Features
Near Public Transit.
Financial Considerations
03599-0019
$6,649
Listing by: BLT Minimax Realty Inc, 718-609-0800
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