by RH Advisors

See Home Value
$1,750,000
Multifamily - Off Market

73-20 Forest Avenue

Ridgewood, NY 11385
bedrooms
8 Beds
bathrooms
6 Baths, 1 Half Bath
$1,770,464
RealtyHop Estimate
1.17%
Since Aug 1, 2023
NY-New York
Primary Model

About This Property

*** AMAZING ASSUMABLE FINANCING AVAILABLE***ORIGINAL 15 YEAR MORTGAGE WITH APPROXIMATELY $750,000 BALANCE AND 13 YEARS REMAINING AT A 4% FIXED RATE. MONTHLY PAYMENT IS $6,236 WITH $3,700 PRINCIPLE REDUCTION EACH MONTH. WONDERFUL OPPORTUNITY TO TAKE OVER A FULLY PERFORMING MIXED USE CORNER PROPERTY WITH UPSIDE POTENTIAL. PERFECTLY POSITIONED IN HIGHLY DESIRABLE RIDGEWOOD QUEENS. THE PROPERTY IS FULLY OCCUPIED BY LONG STANDING TENANTS ALL OF WHICH HAVE BEEN CONSISTENTLY CURRENT ON THEIR RENTAL PAYMENTS. FIRST FLOOR CONSISTS OF A COMMERCIAL CONVENIENCE STORE AND A SPACIOUS TWO BEDROOM APARTMENT. BOTH SECOND AND THIRD FLOOR ARE HUGE 6 ROOM,3 BR,2 FULL BATH APARTMENTS WITH THE 2ND FLOOR ENJOYING A LOVELY COVERED DECK OFF THE REAR BEDROOM. MANY UPDATES HAVE BEEN PERFORMED INCLUDING 3 NEW KITCHENS AND 2 NEW BATHS. FULL BASEMENT WITH 3 ENTRANCES. LONG STANDING SUPER LIVES IN THE BUILDING. 1 CAR DETACHED GARAGE AND A PRIVATE DRIVEWAY WHICH ALLOWS FOR 2 ADDITIONAL STREET PARKING SPOTS. CONVENIENT LOCATION NEAR MYRTLE AVE WITH ALL ITS SHOPPING, DINING AND TRANSPORTATION OPTIONS. THREE BLOCKS TO THE M TRAIN HALSEY STATION.  PERFECT FOR A 1031 EXCHANGE
Unit Size
-
Days on Market
-
Land Size
0.05 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,211
HOA Dues
-
Year Built
1931
Last updated: 10 months ago (OneKey MLS #3493988)

Price History

Date / Event Date Event Price
Sep 25, 2023 Withdrawn -
Withdrawn
Jul 27, 2023 Listed by O Kane Realty $1,750,000
Listed by O Kane Realty
Jun 8, 2016 Sold to Jjm Realty Holdings Llc $1,250,000
Sold to Jjm Realty Holdings Llc

Property Highlights

Garage
Parking Details
Has Garage
Parking Features: Private, Detached, 1 Car Detached, Driveway
Garage Spaces: 1
Interior Details

Bathroom Information

Half Bathrooms: 1
Full Bathrooms: 5

Room Information

Rooms: 16

Basement Information

Basement: Full


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
8 Beds
4 Baths
-
$1,350,000 Apr 5, 2022
$1,350,000 Dec 29, 2022
$734/mo
Multifamily
8 Beds
4 Baths
-
$1,400,000 Jul 10, 2019
$1,400,000 Oct 21, 2019
$535/mo
Multifamily
8 Beds
4 Baths
-
$1,200,000 Aug 22, 2019
$1,200,000 Aug 3, 2020
$732/mo
Multifamily
9 Beds
4 Baths
-
$1,500,000 Mar 30, 2023
$1,500,000 Sep 13, 2023
$484/mo
Townhouse
8 Beds
3 Baths
3,100 ft²
$548/ft²
$1,700,000 Feb 10, 2022
$1,700,000 Jul 22, 2022
-
Multifamily
7 Beds
4 Baths
-
$1,405,000 Oct 14, 2019
$1,405,000 Jan 29, 2020
$925/mo
Multifamily
8 Beds
6 Baths
-
$1,890,000 Feb 1, 2024
-
$1,234/mo
Multifamily
8 Beds
4 Baths
-
$1,499,000 Oct 26, 2023
-
$321/mo
Multifamily
8 Beds
3 Baths
-
$1,500,000 Feb 18, 2024
-
$500/mo
Multifamily
7 Beds
4 Baths
-
$1,800,000 Mar 28, 2024
-
$351/mo
Multifamily
9 Beds
4 Baths
-
$1,800,000 Mar 3, 2024
-
$440/mo
Townhouse
8 Beds
6 Baths
4,000 ft²
$425/ft²
$1,699,000 Mar 2, 2024
-
$969/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230727
07/27/2023
8 Bed
6 Bath
-
$1,750,000
bedrooms
8 Bed
bathrooms
6 Bath
-
-
-
John O Kane
O Kane Realty

Building Info

73-20 Forest Avenue 73-20 Forest Avenue, Ridgewood, NY 11385
  • 4 Units
More about this Building
73-20 Forest Avenue
Want to find out who owns 73-20 Forest Avenue, Ridgewood, NY 11385? Get detailed property transactions here .

About Northwestern Queens


Similar Homes for Sale

Unit for sale at 66-42 Forest Avenue, Ridgewood, NY 11385

$1,699,000

  • 8 Beds
  • 6 Baths
  • 4,000 ft²
66-42 Forest Avenue, Ridgewood, NY 11385 Listing by Avi Ivatorov
Unit for sale at 270 Schaefer Street, Bushwick, NY 11237

$1,800,000

  • 9 Beds
  • 4 Baths
270 Schaefer Street, Bushwick, NY 11237 Listing by Pedro Somoza
Unit for sale at 856 Wyckoff Avenue, Bushwick, NY 11237

$1,800,000

  • 7 Beds
  • 4 Baths
856 Wyckoff Avenue, Bushwick, NY 11237 Listing by Ioana Karanikolas

Nearby Rentals



Quantcast