About
this home
this home
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.
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.
Other
Details
Details
Property Type
Multi-Family, House
Square Footage
3,800
Year Built
1930
Floor Number
--
Parking
No
Terrace
No
Listing Courtesy of
Compass
MLS ID
RLS20124201
Source
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved.