Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    64-07 Cooper Avenue Ridgewood, NY 11385

    View on Map
    Claim this Listing
    Pending
    $990,000

    MULTI_FAMILY - Ridgewood, NY

    Added:
    Apr 21, 2025
    Days on Market:
    375
    Last Refresh:
    Apr 30 at 8:06 am

    Property Features for 64-07 Cooper Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bedroom 1, Bedroom 3, Bedroom 5, Basement, Bedroom 2, Bathroom 1, Bedroom 6, Bedroom 4, Bathroom 2
    Basement
    Finished
    Standard status
    Pending

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    7426

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1915
    Number of units
    2
    Building materials
    Brick

    We can help!

    Listing Contact
    Anthony J. Carollo
    Anthony J. Carollo

    Listing agent Anthony J. Carollo License #31CA0944140

    Listing office Realty One Group Dynasty 1105 154th St, Whitestone, NY

    Listing date Apr 21, 2025

    MLS# 851490 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.

    Overview

    Ridgewood Two-Family House

    This two-family house is located in Ridgewood. The first floor apartment features three bedrooms, a living room and dining room combination, a large kitchen, and one full bath. The second floor apartment also has three bedrooms, a living room and dining room combination, and a renovated eat-in kitchen with one full bath. The property offers convenient access to shopping, restaurants, and transportation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Ridgewood
    County
    Queens
    State
    New York
    Longitude
    -73.891713
    Latitude
    40.698205

    Nearby Similar for Sale

    • $1,500,000
      3,372 SF

      Ridgewood Historic District Two-Family Townhouse

      Landmarked, vacant two-family townhouse in Ridgewood's historic district.
      6016 68th Road, Ridgewood, NY 11385
      View Details
    • $2,048,000
      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
    • $1,998,000
      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
    • $3,075,000
      5,625 SF

      Ridgewood Mixed-Use Investment Opportunity

      Corner mixed-use building with strong income in Ridgewood, Queens.
      566 ONDERDONK AVENUE, RIDGEWOOD, NY 11385
      View Details
    • $2,048,000

      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
    • $1,798,888

      Renovated Two-Family Home, Ridgewood

      Completely renovated two-family home in the heart of Ridgewood.
      64-07 68th Street, Ridgewood, NY 11385
      View Details
    • $2,300,000

      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
    • $2,200,000

      Ridgewood Mixed-Use Investment Opportunity

      Mixed-use property in Ridgewood with commercial and residential units.
      552 Grandview Ave, Ridgewood, NY 11385
      View Details
    • $1,480,000

      Ridgewood Commercial Building For Sale

      Commercial building in central Ridgewood with retail or warehouse potential.
      60-60 Metropolitan ave, Ridgewood, NY 11385
      View Details
    • $2,400,000

      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
    • $1,275,000

      Ridgewood Two-Family Brick Home

      Two-family brick home near M train with garden access.
      60-67 Putnam Avenue, Ridgewood, NY 11385
      View Details
    • $1,189,000

      Renovated Two-Family Home in Ridgewood

      Completely renovated two-family home with modern finishes and parking.
      7520 60th Place, Ridgewood, NY 11385
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-family house in Ridgewood with spacious apartments and convenient location.
    Where is this duplex located?
    The property is located at 64-07 Cooper Avenue Ridgewood, NY.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: Two‑family house, ideal for rental income or multi‑generational living.; Located in Ridgewood with easy access to shopping, restaurants, and transportation.; Each apartment features 3 bedrooms, a living room/dining room combo, and a full bath.
    (718) 747-7747
    We can help!
    Listing Contact
    Anthony J. Carollo
    Anthony J. Carollo
    Real Estate License ID: 31CA0944140
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!