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6050 71st Avenue, 
Ridgewood, NY 11385

$2,300,000


Bed


Bath


5,400

Sq Ft


Multi-Family

Active

Listed by

Adis Kolenovic

Kole Group LLC.

Last updated:

June 18, 2025, 10:39 PM

MLS#

878825

Source:

One Key MLS

About This Home

6050 71st Avenue

Contact the listing broker Adis Kolenovic directly at Kole Group for more information or to schedule a viewing. Presenting 71-04 60th Lane, a prime mixed-use corner property in the heart of Ridgewood, Queens. This recently renovated, fully vacant asset offers outstanding investment potential with a 7.1% pro forma cap rate at the asking price of $2,100,000. The building features two oversized 1,200 sq ft each, four-bedroom apartments with modern interiors, in-unit laundry hookups, and separate utilities. The ground floor boasts 800 sq ft of retail space plus 400 sq ft of office, perfect for a variety of commercial uses. A 1,200 sq ft fully finished basement with a bathroom offers further income or storage opportunities. The property also includes three private garages (600 sq ft total), ideal for tenant use or additional rental income. Situated on a high-visibility corner of 71st Ave and 60th Lane, the property is within walking distance to shops, parks, and major retailers like Stop & Shop, and enjoys convenient access to transit — including the M and R trains at the Forest Ave or Fresh Pond Rd stations. Highlights: 3,600 sq ft gross building area + 1,200 sq ft finished basement + 600 sq ft garages Updated mechanicals with separated gas and electric Radiator heat, gas hot water, and window AC units Zoning: R6B/C1-4 Lot size: 20.33’ x 90’ (1,830 sq ft) Don’t miss this unique opportunity to own a turn-key property in one of Queens’ most vibrant submarkets.

Home Facts

Multi-Family

Built in 1901

Price Summary

2,300,000

$425 per Sq. Ft.

MLS #:

878825

Last Updated:

June 18, 2025, 10:39 PM

Added:

2 day(s) ago


Structure

Structure

Building Area:

5,400 Sq. Ft.

Year Built:

1901


Lot

Lot Size (Sq. Ft):

1,830


Finances & Disclosures

Finances

Price:

$2,300,000

Price per Sq. Ft:

$425 per Sq. Ft.

Source:One Key MLS
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