Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,465,000

· Closed October 1, 2024

62-08 68TH Avenue
Closed For Sale Multi Family

$1,465,000

$488 per sq ft

62-08 68TH Avenue

Glendale, Queens

MLS® #RLS10966820

RLS at REBNY

Listing by Corcoran Group

4

Bedrooms

4

Baths

3,000

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 4
Bathrooms 4
Living Area 3,000 sq ft
Lot Size 2,500 sq ft
Year Built 1930
Ownership None
Property Taxes $9,156/yr
Neighborhood Glendale
Floor 1 of 2

Property Highlights

  • Views: Other
  • Outdoor Space: Patio
  • Character: Pre-war building (1930)

Property Details

Type Multi Family
Ownership None
Total Rooms 16
Baths 4 Full
Floor 1 of 2
View Other
Pets Yes
Year Built 1930
Living Area 3,000 sq ft
Structure Type Townhouse
Basement Other
Lot Size 2,500 sq ft
Block/Lot 03626/0030

Description

Rare Ridgewood Offering for the Savvy Investor and/or End User

Lovingly maintained, and held by the same family for over 40 years, 62-08 68th Ave is ready for its legacy to be passed on. The classic ultra-wide and deep homes that line 68th avenue were built to endure through the centuries. Sitting on 25 X 100-foot lots, they comfortably accommodate the 4 units that most of these buildings house, but would make a luxurious and commodious single, or two-family townhouse as well. At nearly 3000 square feet interior and currently configured with two floor-through units per floor (4 free market apartments), plus a full 1400 sq. ft. basement with over 7' ceilings, and over 1000 sq. ft. of outdoor space, 62-08 offers a myriad of possibilities for the investor or end user. Maintain as is and collect handsome rents, update and renovate for incredibly high market rents, create an owner's duplex with a beautiful garden oasis and collect one, 2-, or 3-units worth of rental income, Or, build your single-family dream home. Additional FAR is available if expansion is desired. Special features include, 9 ft. ceilings, a large open backyard, and many original details including beautiful crown moldings, the original grand staircase and banister, and a stunning and ornate fireplace surround. This lovely home is flooded with light through 20 windows and an enormous skylight as well. The building shares a single boiler for efficient steam heating throughout, and 5 separate electric meters. All units are free market. Situated on a beautiful tree-lined, residential block in bustling Ridgewood, where trendy restaurants, breweries, coffee shops, bars, specialty shops, and boutiques abound. The Fresh Pond M train is less than 2 blocks away, Mafera Park just a few blocks down the street, and Forest Park just a little further offering multiple hiking trails and a wealth of opportunities for the outdoor enthusiast.

Investors: Cap rate with market rents is approximately 6% with tremendous upside available. With updating, projected cap rate is 8%.

First Open House Sunday May 12th by appointment. Please call or e-mail with any questions or to schedule a tour.

Features & Amenities

Interior Features

Smoke Free Building Other

Exterior Features

Patio

Building Amenities

Green Building

Building Information

Total Units 4
Stories 2
Structure Townhouse

Financial Details

RE Taxes $9,156/yr ($763/mo)
Sale Price $1,465,000

Glendale is a residential Queens neighborhood of one- and two-family frame and brick homes built from the 1920s through the 1950s, with scattered multi-family buildings along the commercial corridors. The M train at Fresh Pond Road provides direct subway service, and local buses connect to the LIRR at Woodhaven. The Ridgewood Reservoir in Highland Park offers walking trails along the neighborhood border.

Glendale Live Market Data

View Neighborhood

Active Listings

6

Median Asking Price

$1.38M

Median $/Sqft

$492

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

1

Median Sale Price

$918K

Live data from RLS at REBNY • Updated 4/15/26, 6:02 PM EST

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Location

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62-08 68TH Avenue, Glendale, Queens County

Floor Plans

Floor Plan
MLS® ID: RLS10966820
First Listed: 5/7/2024
On Market: 5/7/2024
Closed: 10/1/2024
Contract Date: 5/7/2024

Listing Courtesy of Corcoran Group - Jennifer Carlson

Listing Contact: (646) 645-3269

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/15/2026 at 10:02 PM UTC

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