68-11 FOREST Avenue, Queens, NY 11385

$1,450,000

Unveiling a Prime Investment Opportunity: 68-11 Forest Avenue, Ridgewood, NY Discover an exceptional investor-focused opportunity at 68-11 Forest Avenue, a meticulously maintained 4-family building nestled in the heart of Ridgewood, Queens. This fully free-market property presents an immediate income-generating asset with significant upside potential in one of New York… Read More City's most dynamic and desirable neighborhoods. Investment Highlights: Four Free Market Units: Enjoy the flexibility and maximizing rental income with all four units operating as free market Strong Cash Flow Potential: All the units can command market-rate rents. this property offers a robust income stream potential, ideal for investors seeking stable returns and minimal regulatory oversight as the Ridgewood rental market continues its upward trajectory. Ideal Building Dimensions: Boasting a substantial 25-foot by 70-foot footprint, the building provides spacious layouts across its four units, appealing to a wide range of prospective tenants. Each apartment is composed of 2 bed 1 bath layouts. Unbeatable Transit Access: Positioned for ultimate convenience, the Q39 bus stops directly on the block, offering seamless connectivity. Furthermore, the property is extremely convenient to the Forest Avenue M train stop, providing rapid access to Manhattan and other key Brooklyn and Queens destinations, a major draw for renters. Vibrant Neighborhood Amenities: Ridgewood's reputation as a thriving cultural hub precedes it. The immediate vicinity of 68-11 Forest Avenue boasts an array of acclaimed restaurants, trendy cafes, local shops, and burgeoning nightlife, ensuring high tenant demand and a desirable lifestyle. Residents will appreciate the walkable nature of the neighborhood, with everyday essentials and entertainment just steps away. Strong Rental Market: Ridgewood continues to experience consistent demand for quality rental housing. The neighborhood's unique blend of historic charm, artistic flair, and easy accessibility makes it a magnet for a diverse tenant base, ensuring low vacancy rates and strong rental growth. Seize the opportunity to acquire an income-producing asset in a prime Ridgewood location. This is an ideal addition to any savvy investor's portfolio. Please contact us for a detailed financial breakdown and to schedule a private showing. Read Less

Listing Courtesy of: David A Palmieri, Corcoran Group

Listing Snapshot

Days Online

147

Last Updated

Dec 24, 2025

Property Type

MultiFamily

Beds

Full Baths

Square Ft.

3,582

Lot Size

0.06 Acres

Year Built

1930

MLS Number

RLS20039888

Additional Details

Building

Entry Level: 1, Features: GreenBuilding, Living Area Units: SquareFeet, Rooms Total: 16, Structure Type: Townhouse

Exterior Features

Patio And Porch Features: None

Interior Features

Interior Features: SmokeFree

Property

Property Sub Type: MultiFamily, View: Other

Taxes

Tax Annual Amount: $11,580, Tax Block: 03504, Tax Lot: 0005

Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List

Mortgage Calculator

Selling price

Down payment

Term (years)

Interest rate (%)

Monthly Payment

Manhattan

Brooklyn

68-11 FOREST Avenue

'VIP' Listing Search

Schools In The Area

Similar Listings

Find My Dream Home

1. Neighborhoods

2. Home Type

3. Send

Become an Insider