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    6325 60Th Pl Ridgewood, NY 11385

    Sponsored
    For Sale
    $1,650,000

    MULTI_FAMILY - Ridgewood, NY

    Lot size:
    0.04 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 18 at 11:06 am

    Property Features for 6325 60Th Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 7, Bedroom 1, Bedroom 2, Bathroom 2, Dining Room, Bedroom 4, Bedroom 6, Basement, Bedroom 5, Bedroom 3, Bathroom 1
    Bedrooms
    7
    Bathrooms
    2
    APN
    03520-0001
    Parking
    2
    Parking features
    Driveway, Off Street, Garage, Alley, Open, Assigned
    Patio and Porch features
    Porch, Patio
    Interior features
    First Floor Bedroom, Built-in Features, Ceiling Fan(s), Crown Molding, Eat-in Kitchen, Formal Dining, High Ceilings, Natural Woodwork, Open Floorplan, Open Kitchen, Original Details, Quartz/Quartzite Counters
    Exterior features
    Balcony
    Basement
    Walk-Out Access, Unfinished
    Lot size
    0.04 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Window Unit(s), Ductless, Wall/Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1935
    Number of units
    2
    Flooring type
    Hardwood
    Building materials
    Brick

    We can help!

    Listing Contact
    Sal J. Crifasi
    Sal J. Crifasi

    Crifasi Real Estate Inc (718) 894-8700

    Listing agent Sal J. Crifasi (718) 908-4223

    Listing date Feb 17, 2026

    MLS# 962029 Listing URL

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Turnkey Ridgewood Two-Family Home

    This meticulously maintained, owner-occupied two-family semi-detached home offers a rare opportunity to own a turnkey property in the heart of Ridgewood. Delivered fully vacant, the residence is defined by its expansive open-concept layouts and a south-facing orientation that ensures the interior is sun-drenched with natural light throughout the day. The aesthetic combines classic character with modern living, featuring high ceilings, authentic exposed brick, and gleaming hardwood floors. The home's excellent condition allows for simple, high-impact cosmetic updates. The property is equipped with top-of-the-line, high-efficiency Navien systems for both heat and hot water, ensuring modern reliability and energy savings. A private balcony off the first floor offers a peaceful outdoor retreat, while the full basement boasts exceptionally tall ceilings, providing massive potential for storage or recreation. Adding to its immense value is the inclusion of a two-car garage. The location is situated just one block from the Forest Avenue retail corridor and approximately 0.6 miles from the M-train for a seamless commute. Residents are perfectly positioned near culinary and cultural landmarks, including Gottscheer Hall, Mano's, Rosa's Pizza, Salvo's, Hellbender, and Rolo's. This is a premier choice for an end-user seeking a high-income rental to offset a mortgage or an investor looking for a pristine, vacant asset in one of Queens' most desirable submarkets. The property is located in Ridgewood, NY 11385, in Queens County, New York, and has a lot size of 0.0386 acres.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ridgewood
    County
    Queens
    State
    New York
    Longitude
    -73.902431
    Latitude
    40.710606

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    FAQs

    What type of property is this?
    Duplex - Meticulously maintained, vacant two-family home in prime Ridgewood location.
    Where is this duplex located?
    The property is located at 6325 60Th Pl Ridgewood, NY.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - Delivered fully vacant, offering immediate occupancy or rental potential.; - Rare two-car garage, a highly desirable feature in the area.; - High-efficiency Navien systems for heat and hot water.
    (718) 782-4411
    Request Owner's contact information
    6325 60Th Pl Ridgewood, NY 11385
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    Ridgewood, NY 11385
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6325 60Th Pl Ridgewood, NY 11385
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    We can help!
    Listing Contact
    Sal J. Crifasi
    Sal J. Crifasi
    Real Estate License ID: NY10301205163
    (718) 782-4411 (718) 908-4223
    Learn more
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