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6210 68th Ave
Ridgewood, NY 11385
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Delivered Vacant
- Tax Class 2A ($10,156)
- Gut renovated besides Unit 1R
- Light Value-Add
- Private Backyard for Units 1L & 1R
Executive Summary
Cushman & Wakefield is pleased to offer to market 62-10 68th Avenue, in Ridgewood, NY. The 4-unit apartment building sits in between 62nd and 64th Streets in the Eastern most section of Ridgewood.
The property consists of 4 residential units totaling a gross square footage of 3,000 above-grade. There is roughly 800-1,000 SF of usable SF in the basement, which has been sheet-rocked and is ready for an investor to unlock value by duplexing the first-floor apartments.
Three (3) units are currently vacant and the 4th unit can be delivered vacant at closing. All units besides 1R have been gut renovated.
This opportunity is perfect for an end-user or investor looking to add value to the building. Please direct all inquiries to Cushman & Wakefield.
The property consists of 4 residential units totaling a gross square footage of 3,000 above-grade. There is roughly 800-1,000 SF of usable SF in the basement, which has been sheet-rocked and is ready for an investor to unlock value by duplexing the first-floor apartments.
Three (3) units are currently vacant and the 4th unit can be delivered vacant at closing. All units besides 1R have been gut renovated.
This opportunity is perfect for an end-user or investor looking to add value to the building. Please direct all inquiries to Cushman & Wakefield.
Property Facts
| Price Per Unit | $637,760 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 4 | Building Size | 3,000 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1930 |
| Zoning | R5B - Medium density district with a height limit of 40 feet | ||
| Price Per Unit | $637,760 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,000 SF |
| No. Stories | 1 |
| Year Built | 1930 |
| Zoning | R5B - Medium density district with a height limit of 40 feet |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | - | 700 - 800 |
Property Taxes
| Parcel Number | 03626-0031 | Improvements Assessment | $94,335 CAD |
| Land Assessment | $18,249 CAD | Total Assessment | $112,584 CAD |
Property Taxes
Parcel Number
03626-0031
Land Assessment
$18,249 CAD
Improvements Assessment
$94,335 CAD
Total Assessment
$112,584 CAD
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