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6439 74th Ave 3 Unit Apartment Building $2,011,150 CAD ($670,383 CAD/Unit) 8% Cap Rate Ridgewood, NY 11385
Investment Highlights
- Located in a walkable neighborhood with strong access to public transportation.
- Situated in Queens with convenient connectivity to Manhattan, Brooklyn, and major highways.
- Close to shopping corridors, dining spots, and cultural amenities in Ridgewood.
Executive Summary
Three-family home full of charm and potential.
Ideal for investors or buyers looking to create a custom living setup.
Located in Ridgewood, close to shopping, dining, transportation, and everyday conveniences.
Top floor features 3 bedrooms, offering flexible layouts or multi-use space.
Main level includes 2 spacious bedrooms with high ceilings.
Fully finished lower level with 2 additional bedrooms.
Updated kitchens and bathrooms in all units.
Each unit pays its own utilities.
Ideal for investors or buyers looking to create a custom living setup.
Located in Ridgewood, close to shopping, dining, transportation, and everyday conveniences.
Top floor features 3 bedrooms, offering flexible layouts or multi-use space.
Main level includes 2 spacious bedrooms with high ceilings.
Fully finished lower level with 2 additional bedrooms.
Updated kitchens and bathrooms in all units.
Each unit pays its own utilities.
Property Facts
| Price | $2,011,150 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $670,383 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 8% | Building Size | 3,420 SF |
| Gross Rent Multiplier | 14 | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment | ||
| Zoning | R5B - Medium density district with a height limit of 40 feet | ||
| Price | $2,011,150 CAD |
| Price Per Unit | $670,383 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| Gross Rent Multiplier | 14 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 3,420 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1910 |
| Zoning | R5B - Medium density district with a height limit of 40 feet |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Smoke Free
- Public Transportation
- Walk-Up
- Smoke Detector
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Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 03594-0034 | Improvements Assessment | $38,816 CAD |
| Land Assessment | $16,588 CAD | Total Assessment | $55,403 CAD |
Property Taxes
Parcel Number
03594-0034
Land Assessment
$16,588 CAD
Improvements Assessment
$38,816 CAD
Total Assessment
$55,403 CAD
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6439 74th Ave
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