Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Historic Brick Duplex Townhouse Title is generated by Realmo AI

    60-73 69th Avenue, Ridgewood, NY 11385

    View on Map
    Claim this Listing
    New
    For Sale
    $1,250,000

    MULTI_FAMILY - Ridgewood, NY

    Lot size:
    0.05 Acres
    Added:
    Jun 3, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 8 at 9:06 am

    Property Features for 60-73 69th Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Dining Room, Bedroom 4, Bathroom 2, Bedroom 3, Basement, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 5
    Window features
    Bay Window(s)
    Patio and Porch features
    Porch
    Interior features
    Built-in Features, Crown Molding, Formal Dining, High Ceilings, Original Details
    Basement
    Full
    Standard status
    Active
    APN
    03535-0046
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    8289

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1910
    Number of units
    2
    Flooring type
    Hardwood
    Building materials
    Brick

    We can help!

    Listing Contact
    Andrew LaSala

    Listing agent Andrew LaSala

    Listing office Crifasi Real Estate Inc 7947 Metropolitan Ave, Middle Village, NY

    Listing date Jun 3, 2026

    MLS# 1009693 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.

    HighLights

    • 1910 brick townhouse with original architectural details including hardwood floors, crown molding, and high ceilings
    • 10‑foot ceilings, built‑in kitchen cabinetry, pocket doors, hall and stairway wainscoting, bay windows, and tin kitchen ceilings
    • Two skylights for added natural light
    • 5 bedrooms plus dining room and 2 bathrooms
    • Delivered vacant at closing, giving the new owner flexibility to renovate or rent
    • Public utilities available: public water and public sewer; natural gas heating and a wood porch

    Overview

    Constructed in 1910, this historic brick townhouse is configured as a duplex and will be delivered vacant at closing, giving the next owner immediate flexibility. The interior features hardwood floors, original wood moldings, pocket doors, hall and stairway wainscoting, and 10-foot ceilings. Bay windows and two skylights add natural light throughout. The home also includes original built-in kitchen cabinetry and distinctive tin kitchen ceilings, along with an outdoor wood porch and access to a back yard.

    The property is located on a quiet, tree-lined street in the Ridgewood Historic District. It is within convenient distance of public transportation, shopping, restaurants, and cafes, supporting everyday walk-and-go convenience for tenants or owner-occupants.

    With the ability to control timing and scope since it is delivered vacant, this duplex is well suited for an investor planning renovations and leasing, or an owner-occupant looking to customize a period home while retaining rental income potential. The combination of period craftsmanship and light-filled spaces provides a practical foundation for updating the unit(s) to match current tenant preferences.
    Property Profile 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
    -73.896604
    Latitude
    40.703179

    Nearby Similar for Sale

    • $1,988,000
      3,300 SF

      Renovated Two-Family Home with Views

      Luxury two-family home in Ridgewood, near Bushwick, with Manhattan views.
      2123 Amory Court, Ridgewood, NY 11385
      View Details
    • $1,200,000
      2,128 SF

      Ridgewood Two-Family Restoration Opportunity

      Classic Ridgewood two-family with original details, delivered vacant.
      1840 NORMAN STREET, Ridgewood, NY 11385
      View Details
    • $1,649,000
      3,000 SF

      Ridgewood Multifamily Investment Opportunity

      Prime Ridgewood multifamily property with upside potential on Myrtle Avenue.
      6415 Myrtle Avenue, Ridgewood, NY 11385
      View Details
    • $1,788,000
      1,200 SF

      Three-Family Triplex with Garage

      Well-maintained 1915 triplex delivered fully vacant, offering three large units plus a detached three-car garage.
      6050 Putnam Avenue, Ridgewood, NY 11385
      View Details
    • $2,400,000
      4,000 SF

      Ridgewood Mixed-Use Investment Opportunity

      Mixed-use property with restaurant and residential units in prime location.
      59-09 71st Avenue, Ridgewood, NY 11385
      View Details
    • $1,250,000
      2,100 SF

      Ridgewood Mixed-Use Investment Opportunity

      Mixed-use property with residential and commercial potential in Ridgewood.
      6728 Forest Ave, Ridgewood, NY 11385
      View Details
    • $1,988,000
      3,300 SF

      Renovated Two-Family Home with Views

      Renovated two-family home in Ridgewood with Manhattan views.
      2123 Amory Court, Ridgewood, NY 11385
      View Details
    • $2,300,000
      6,300 SF

      Mixed-Use Investment in Ridgewood, NY

      Mixed-use property with commercial and residential units in prime location.
      62-42 Forest Avenue, Ridgewood, NY 11385
      View Details
    • $1,399,999
      2,200 SF

      Classic Brick Two-Family Home

      Two-family home in Ridgewood with investment potential.
      5917 Putnam Avenue, Ridgewood, NY 11385
      View Details
    • $1,998,000
      4,500 SF

      Ridgewood Mixed-Use Asset with Potential

      Mixed-use property in Ridgewood with development potential.
      683 Woodward Avenue, Ridgewood, NY 11385
      View Details
    • $1,500,000

      Two-Family Brick Home with Garage

      Lovingly maintained two-family brick home with garage in Ridgewood, NY.
      1709 Starr Street, Ridgewood, NY 11385
      View Details
    • $1,349,000
      5,775 SF

      Ridgewood Turnkey Six-Family Building

      Well-maintained, six-family building in prime Ridgewood location.
      862 Woodward Avenue, Ridgewood, NY 11358
      View Details

    FAQs

    What type of property is this?
    Duplex - Vacant-at-closing 1910 brick townhouse duplex with original details and 10-foot ceilings, ready for renovation or leasing.
    Where is this duplex located?
    The property is located at 60-73 69th Avenue Ridgewood, NY.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 1910 brick townhouse with original architectural details including hardwood floors, crown molding, and high ceilings; 10‑foot ceilings, built‑in kitchen cabinetry, pocket doors, hall and stairway wainscoting, bay windows, and tin kitchen ceilings; Two skylights for added natural light
    (917) 414-3404
    We can help!
    Listing Contact
    Andrew LaSala
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    60-73 69th Avenue, Ridgewood, NY 11385
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!