60-98 69th Ave
Property Description
Large brick corner mixed-use property located in the heart of vibrant Ridgewood, Queens. This well-maintained investment opportunity features two ground-floor commercial storefronts, both to be delivered vacant at closing. Also included is a 1 story Commercial unit in the back of the property, offering excellent potential for owner-users or investors seeking strong retail exposure. The residential component consists of two spacious apartments: a 4-room apartment currently rented for $1,900/month and a 5-room apartment generating $2,200/month. Positioned in a thriving commercial corridor surrounded by established local businesses, restaurants, cafes, and neighborhood services, this property benefits from strong foot traffic and consistent demand. Convenient access to the Myrtle-Wyckoff Avenues Station with L and M subway lines provides an easy commute to Manhattan, Brooklyn, and throughout Queens, while multiple bus lines service the immediate area. Ridgewood continues to experience strong growth and popularity due to its blend of residential charm, active business district, and outstanding transportation options. Exceptional opportunity for investors, end-users, or developers alike.
Broker Details
CRIFASI REAL ESTATE INC (718) 930-0040
MLS ID: 85221 State License Number: 30CR1126424
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,899,000 |
| Year Built: | 1931 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-NYSMLS-11775924
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
118-120 S Carnegie Ave
Connellsville, Pennsylvania
118-120 S Carnegie Ave
Connellsville, Pennsylvania
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout