72-20 67th Street, Queens, NY 11385
$1,298,000
12
Beds
6
Baths
2,800
Sq Ft
Multi-Family
Active
Listed by
Doron Berenholtz
Berkshire Hathaway HomeServices New York Properties
Last updated:
April 2, 2026, 03:26 PM
MLS#
RLS20076201
Source:
NY REBNY
About This Home
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
Home Facts
Multi-Family
6 Baths
12 Bedrooms
Built in 1931
Price Summary
1,298,000
$463 per Sq. Ft.
MLS #:
RLS20076201
Last Updated:
April 2, 2026, 03:26 PM
Added:
25 day(s) ago
Rooms & Interior
Bedrooms
Total Bedrooms:
12
Bathrooms
Total Bathrooms:
6
Full Bathrooms:
6
Structure
Structure
Building Area:
2,800 Sq. Ft.
Year Built:
1931
Finances & Disclosures
Price:
$1,298,000
Price per Sq. Ft:
$463 per Sq. Ft.
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Contact an Agent
Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.
If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.