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    75-27 61St St New York City, NY 11385

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    For Sale
    $1,259,500

    Classic Glendale lowrise with investment potential near Ridgewood.

    Property size:
    2,280 SF

    Property Features for 75-27 61St St

    General Information

    Size
    2,280 SF

    Building Details

    Year built
    1910

    Source: Keller Williams NYC Agent Joseph Gilani

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Glendale Multifamily Property with Charm

    Located in Glendale, Queens, this 2-story lowrise building at 75-27 61st Street presents a multifamily property with investment potential. Constructed in 1910, the building contains 2 residential units within its 2,280 square feet. The property is situated on a 20 ft. x 97.42 ft. lot, featuring building dimensions of 20 ft. width and 55 ft. depth. The property is located steps away from Ridgewood, offering proximity to local amenities, city life, and conveniences. This property offers opportunities for investors seeking returns or homeowners envisioning a multi-unit living space.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New York City
    County
    New York
    State
    New York
    Longitude
    -73.8937702
    Latitude
    40.6984136

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    FAQs

    What type of property is this?
    Duplex - Classic Glendale lowrise with investment potential near Ridgewood.
    Where is this duplex located?
    The property is located at 75-27 61St St New York City, NY.
    What is the asking price?
    The asking price for this property is $1,259,500.
    What are key features of this property?
    This property features: - Prime Location in the heart of Glendale, near Ridgewood, offering excellent access to local amenities and NYC conveniences.; - Investment Potential: A rare opportunity for strong returns as a multi-unit property.; - Spacious Layout: Features 2 residential units within a generous 2,280 Sq. Ft. building.
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    Realmo Value Estimation

    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.

    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.

    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
    75-27 61St St New York City, NY 11385
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