Listing courtesy of Berkshire Hathaway HomeServices New York Properties
72-20 67th Street, Queens, (Glendale), NY, 11385
30 rooms
1931
Exceptional opportunity to acquire a fully leased six-family brick building in the highly resilient Ridgewood/Glendale rental corridor of Queens.
This well-maintained asset comprises six spacious two-bedroom, one-bathroom apartments, each offering generous living areas and functional kitchen layouts. The consistent two-bedroom unit mix remains one of the strongest-performing configurations in this submarket, supporting steady tenant demand and long-term rent stability.
Constructed of solid brick and positioned in a prime location near transportation, shopping, dining, and everyday conveniences, the property benefits from strong rental fundamentals and enduring neighborhood appeal.
An ideal turnkey investment offering immediate cash flow in one of Queens' most dependable multifamily corridors.
Investment Highlights:
100% Occupied - Immediate Cash Flow
Gross Scheduled Income: $124,063.2
Net Operating Income: $79,827.2
Cap Rate: 6.15%
Price Per Unit: $216,333
Status:
Active
Town:
Queens
Type:
Multi-family
Laundry Remarks:
InUnit
Zoning:
R5D
Building Type:
House
Cooling:
Window Units
Levels:
3
Service Level:
None
Built Size:
28'x68'
OLR #:
RLS20076201
Community Info
School Info
Walk Score
Mass Transit
Yelp
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