72-20 67th St Flushing, NY 11385
Glendale NeighborhoodEstimated payment $8,304/month
Highlights
- Window Unit Cooling System
- I.S. 119 the Glendale Rated A-
- Views
About This Home
Exceptional opportunity to acquire a fully leased six-family brick building in the highly resilient Ridgewood/Glendale rental corridor of Queens.
This well-maintained asset comprises six spacious two-bedroom, one-bathroom apartments, each offering generous living areas and functional kitchen layouts. The consistent two-bedroom unit mix remains one of the strongest-performing configurations in this submarket, supporting steady tenant demand and long-term rent stability.
Constructed of solid brick and positioned in a prime location near transportation, shopping, dining, and everyday conveniences, the property benefits from strong rental fundamentals and enduring neighborhood appeal.
An ideal turnkey investment offering immediate cash flow in one of Queens' most dependable multifamily corridors.
Investment Highlights:
100% Occupied - Immediate Cash Flow
Gross Scheduled Income: $124,063.2
Net Operating Income: $79,827.2
Cap Rate: 6.15%
Price Per Unit: $216,333
Listing Agent
Berkshire Hathaway HomeServices New York Properties License #10401321766 Listed on: 03/09/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,500
Year Built
- Built in 1931
Lot Details
- 2,800 Sq Ft Lot
- Lot Dimensions are 100.00x28.00
Home Design
- Entry on the 1st floor
Interior Spaces
- 3-Story Property
- Laundry in unit
- Property Views
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Utilities
- Window Unit Cooling System
Community Details
- 6 Units
- Glendale Subdivision
Listing and Financial Details
- Legal Lot and Block 0035 / 03700
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/09/2026 03/09/26 | For Sale | $1,298,000 | -- | -- |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20076201
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This 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.
RLS Data display by Homes.com LLC
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Ask me questions while you tour the home.