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Off market
  • $1,414,000

    16-66 Jefferson Ave, Ridgewood, NY 11385

    9beds
    2,856sqft
    MultiFamily
    Built in 1910
    -- sqft lot
    $1,414,000 Zestimate®
    $495/sqft
    $3,622 Estimated rent

    Home value

    $1,414,000

    $1.22M - $1.63M

    $3,622/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $3,622/mo

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    $3,622/mo

    Rent Zestimate®

    Refinance and save

    $8,593/mo

    Est. payment

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    $8,593/mo

    Est. payment

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    What's special

    [COMPLETE RENOVATION FROM THE GUTS TO THE EXTERIOR, NOTHING IS NEEDED TO BE DONE!] We are pleased to present a unique investment opportunity in the desirable neighborhood of Ridgewood, Queens. This 3-family home, located at 16-66 Jefferson Ave, offers an excellent prospect for first-time homebuyers looking to invest in real estate. Situated in a well-maintained property, each unit of this home features 3 bedrooms and 1 bathroom, providing ample space for comfortable living. What makes this opportunity even more enticing is the attractive rental income generated by each floor. Currently, each unit is leased at $3,150 per month, allowing first-time homebuyers to potentially offset a portion of their mortgage payments through rental income. Beyond the financial benefits, this property offers a convenient location in the vibrant neighborhood of Ridgewood. Residents can enjoy a diverse community, along with a variety of local amenities such as shops, restaurants, parks, and entertainment options. The neighborhood's lively atmosphere and proximity to essentials make it an ideal place for first-time homebuyers to settle down and establish roots. Investing in this 3-family home at 16-66 Jefferson Ave provides an opportunity for first-time homebuyers to build equity and generate income simultaneously. The three separate units allow for flexible living arrangements, enabling homeowners to live in one unit while renting out the others, effectively offsetting their mortgage costs. Don't miss out on this exceptional chance to become a first-time homeowner and investor in the thriving Ridgewood real estate market. With its solid rental income potential and convenient location, this 3-family home at 16-66 Jefferson Ave presents an ideal opportunity for first-time homebuyers to embark on their real estate journey and secure a stable and profitable investment for the future. can be delivered vacant but the property is generating currently $11,450/mo

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    • Full bathrooms: 3
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 2,856 sqft

    Property

    Details
    • Lease amount: $0

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1910
    • Major remodel year: 2021

    Utilities & green energy

    • Electric: Amps(0)
    • Utilities for property: Naturl Gas Available

    Community & neighborhood

    Location
    • Region: Ridgewood

    Other

    Other facts
    • HeatingYN: true
    • Basement: Full
    • RoomsTotal: 18
    • Furnished: Unfurnished
    • CoveredSpaces: 0
    • LandLeaseAmount: 0
    • RoomKitchenFeatures: Granite Counters, Open
    • StructureType: Low-rise
    • YearBuiltEffective: 2021
    • MlsStatus: Active
    • PropertyType: Residential Attached
    • TaxAnnualAmount: 7129
    • Electric: Amps(0)
    • Appliances: Refigerator
    • Utilities: Naturl Gas Available
    • AvailabilityDate: 2022-08-09
    • Available date: 08/09/2022

    Price history

    DateEventPrice
    11/10/2023Listing removed--
    Source: StreetEasy Report a problem
    9/23/2023Listed for sale$1,795,000+17.7%$629/sqft
    Source: StreetEasy Report a problem
    8/29/2023Listing removed--
    Source: StreetEasy Report a problem
    8/10/2023Price change$1,525,000-9%$534/sqft
    Source: StreetEasy Report a problem
    6/27/2023Listed for sale$1,675,000+6.3%$586/sqft
    Source: StreetEasy Report a problem
    3/31/2023Listing removed--
    Source: StreetEasy Report a problem
    11/29/2022Listed for sale$1,575,000-7.1%$551/sqft
    Source: StreetEasy Report a problem
    10/15/2022Listing removed--
    Source: StreetEasy Report a problem
    9/17/2022Price change$1,695,000+5.9%$593/sqft
    Source: StreetEasy Report a problem
    5/6/2022Price change$1,600,000+0.3%$560/sqft
    Source: StreetEasy Report a problem
    5/5/2022Price change$1,595,000+17.7%$558/sqft
    Source: StreetEasy Report a problem
    5/2/2022Price change$1,355,000-15%$474/sqft
    Source: StreetEasy Report a problem
    4/21/2022Listed for sale$1,595,000$558/sqft
    Source: StreetEasy Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Ridgewood

    Nearby schools

    GreatSchools rating