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62-10 68th Avenue Ridgewood Queens NY 11385
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  2. 62-10 68th Avenue
62-10 68th Avenue Ridgewood Queens NY 11385
62-10 68th Avenue Ridgewood Queens NY 11385
62-10 68th Avenue Ridgewood Queens NY 11385
62-10 68th Avenue Ridgewood Queens NY 11385
62-10 68th Avenue Ridgewood Queens NY 11385
62-10 68th Avenue Ridgewood Queens NY 11385
62-10 68th Avenue Ridgewood Queens NY 11385
62-10 68th Avenue Ridgewood Queens NY 11385
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62-10 68th Avenue

Ridgewood | QN
62nd Street & 64th Street

Schedule a Viewing
New This Week
$ 1,675,000
Building For Sale
Property Type
Active
Status
12
Rooms
3,800/353
ASF/ASM
$ 10,152
Real Estate Taxes [Per Annum]
  • 62-10 68th Avenue
  • $ 1,675,000
62-10 68th Avenue Ridgewood Queens NY 11385

Building Details

62-10 68th Avenue Ridgewood Queens NY 11385
Multi-Family
Ownership
House
Building Type
None
Service Level
Walk-up
Access
3626/31
Block/Lot
25'x55'
Building Size
25'x100'
Lot Size
R5B
Zoning
1930
Year Built
2/4
Floors/Apts

Photos

62-10 68th Avenue Ridgewood Queens NY 11385
62-10 68th Avenue Ridgewood Queens NY 11385
62-10 68th Avenue Ridgewood Queens NY 11385
62-10 68th Avenue Ridgewood Queens NY 11385
62-10 68th Avenue Ridgewood Queens NY 11385
62-10 68th Avenue Ridgewood Queens NY 11385

Floor Plan

62-10 68th Avenue Ridgewood Queens NY 11385
62-10 68th Avenue Ridgewood Queens NY 11385

Description

Welcome to 62-10 68th Avenue, a four-family property in the heart of Ridgewood, offering an exceptional opportunity for both investors and end users. This two-story property features approximately 3,000 square feet of above-grade living space, an additional 800 square feet of basement space, and four spacious two-bedroom, one-bathroom residences, situated on a 25' x 55' x 100' lot. The property can be delivered vacant, offering maximum flexibility for an investor or owner-occupant. Three of the apartments have been gut-renovated with modern finishes, featuring hardwood floors, abundant natural light, stylish kitchens with custom cabinetry and stainless steel appliances, contemporary bathrooms, fitted bedroom closets, and washer/dryer hookups. Select residences also offer private outdoor space, including a backyard and rear deck. The basement provides additional storage, dedicated apartment storage areas, bicycle storage, and utility space. Significant capital improvements have been completed throughout the property, including a new roof in 2020, replacement windows in 2023, a new boiler, four new electric hot water heaters, and upgraded electrical systems throughout. These improvements, combined with the renovated interiors, make this a compelling turnkey investment opportunity. With three apartments currently generating $9,300 in monthly rental income, the property offers immediate cash flow and significant upside potential. The fourth apartment is currently vacant, providing the flexibility for a buyer to occupy the residence while collecting rental income from the other units, or lease it out as an additional income-producing apartment. Another apartment is expected to become vacant at the end of November 2026, offering further flexibility. The entire property can also be delivered vacant, allowing a new owner to establish their own rental strategy. Current Unit Breakdown Unit 1L | 2 Bedrooms, 1 Bathroom: Tenant occupied | $3,300/month | Expected vacancy at the end of November 2026 Unit 1R | 2 Bedrooms, 1 Bathroom: Vacant | Projected rental income of $4,500/month* Unit 2L | 2 Bedrooms, 1 Bathroom: Tenant occupied | $3,000/month Unit 2R | 2 Bedrooms, 1 Bathroom: Tenant occupied | $3,000/month Ideally situated in one of Queens' most vibrant neighborhoods, 62-10 68th Avenue is surrounded by Ridgewood's thriving collection of restaurants, independent coffee shops, boutiques, and local conveniences. Known for its charming tree-lined streets, historic architecture, and dynamic dining and arts scene, Ridgewood offers an appealing blend of neighborhood character and urban convenience. Nearby Myrtle Avenue provides an abundance of shopping and dining options, while Grover Cleveland Park and Highland Park offer green spaces and recreational amenities. The Fresh Pond Road M train station is approximately one block away, providing convenient access to Brooklyn and Manhattan. Whether you're seeking an income-producing investment or a primary residence with the added benefit of rental income, 62-10 68th Avenue presents a compelling opportunity to acquire an upgraded four-family property in a highly desirable Queens neighborhood.
Welcome to 62-10 68th Avenue, a four-family property in the heart of Ridgewood, offering an exceptional opportunity for both investors and end users. This two-story property features approximately 3,000 square feet of above-grade living space, an additional 800 square feet of basement space, and four spacious two-bedroom, one-bathroom residences, situated on a 25' x 55' x 100' lot. The property can be delivered vacant, offering maximum flexibility for an investor or owner-occupant. Three of the apartments have been gut-renovated with modern finishes, featuring hardwood floors, abundant natural light, stylish kitchens with custom cabinetry and stainless steel appliances, contemporary bathrooms, fitted bedroom closets, and washer/dryer hookups. Select residences also offer private outdoor space, including a backyard and rear deck. The basement provides additional storage, dedicated apartment storage areas, bicycle storage, and utility space. Significant capital improvements have been completed throughout the property, including a new roof in 2020, replacement windows in 2023, a new boiler, four new electric hot water heaters, and upgraded electrical systems throughout. These improvements, combined with the renovated interiors, make this a compelling turnkey investment opportunity. With three apartments currently generating $9,300 in monthly rental income, the property offers immediate cash flow and significant upside potential. The fourth apartment is currently vacant, providing the flexibility for a buyer to occupy the residence while collecting rental income from the other units, or lease it out as an additional income-producing apartment. Another apartment is expected to become vacant at the end of November 2026, offering further flexibility. The entire property can also be delivered vacant, allowing a new owner to establish their own rental strategy. Current Unit Breakdown Unit 1L | 2 Bedrooms, 1 Bathroom: Tenant occupied | $3,300/month | Expected vacancy at the end of November 2026 Unit 1R | 2 Bedrooms, 1 Bathroom: Vacant | Projected rental income of $4,500/month* Unit 2L | 2 Bedrooms, 1 Bathroom: Tenant occupied | $3,000/month Unit 2R | 2 Bedrooms, 1 Bathroom: Tenant occupied | $3,000/month Ideally situated in one of Queens' most vibrant neighborhoods, 62-10 68th Avenue is surrounded by Ridgewood's thriving collection of restaurants, independent coffee shops, boutiques, and local conveniences. Known for its charming tree-lined streets, historic architecture, and dynamic dining and arts scene, Ridgewood offers an appealing blend of neighborhood character and urban convenience. Nearby Myrtle Avenue provides an abundance of shopping and dining options, while Grover Cleveland Park and Highland Park offer green spaces and recreational amenities. The Fresh Pond Road M train station is approximately one block away, providing convenient access to Brooklyn and Manhattan. Whether you're seeking an income-producing investment or a primary residence with the added benefit of rental income, 62-10 68th Avenue presents a compelling opportunity to acquire an upgraded four-family property in a highly desirable Queens neighborhood.

Listing Courtesy of Compass

Features

A/C
62-10 68th Avenue Ridgewood Queens NY 11385

Contact

License Licensed As: Charles Mazalatis
Charles Mazalatis

Charles Mazalatis

License Licensed As: Charles Mazalatis

President & Licensed Real Estate Broker

W: 646-807-4946
M: 917-359-8934
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY Listing Service, Inc. All rights reserved. All information is intended only for the Registrant’s personal, non-commercial use. RLS Data display by Maz Group NY. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
Listing ID: 110721TH