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$2,455,267
List Price: $2,499,000
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72-55 60th Lane #4
House in Glendale •  building info
16bd • 4ba • 3,484ft² $717 per ft²
Buy with Yoreevo

$2,455,267

List Price

$2,499,000

Key Details
Days on market
28
Last price change
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Estimated payment
$14,655/mo
Taxes
$807/mo
Maintenance
N/A
Description
Welcome to 72-55 60th Lane, an exceptional investment opportunity! This meticulously maintained four-family building is ideally situated on the Ridgewood/Glendale border and offers a fully free-market setup — providing immediate and stable income in one of New York City’s most dynamic and desirable neighborhoods. This rare property features four spacious units: two 4-bedroom, 2-bathroom duplexes and two 4-bedroom, 2-bathroom apartments — an uncommon configuration in the area. All units have been recently renovated, and each tenant pays their own utilities. Every unit includes central A/C and heating, generating a strong annual income of approximately $168,000 (including the owner’s unit), with a projected potential income of around $182,400. With no rent-stabilization restrictions, investors can enjoy solid cash flow and maximum rental flexibility. The property showcases beautiful hardwood flooring throughout, with abundant natural light streaming through large windows to create a bright and inviting atmosphere. The modern kitchens are equipped with stainless steel appliances, including dishwashers, and the building offers the convenience of shared laundry facilities. The ground level of the duplex units provides additional space perfect for storage, recreation, or a home office — adding versatility and appeal for both tenants and owners. Spanning approximately 3,484 square feet, this property combines generous layouts with modern comfort. Conveniently located near the Fresh Pond Road M train, residents enjoy easy access to Manhattan and key destinations across Brooklyn and Queens, making this a highly desirable rental location. Surrounded by vibrant restaurants, trendy cafés, local shops, and a growing nightlife scene, this neighborhood ensures consistent tenant demand. It’s an ideal opportunity for a savvy investor seeking strong returns or an end user looking to live in one unit while generating rental income to offset their mortgage. Contact us today for a detailed financial breakdown or to schedule a private showing.

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Important Stuff
Washer/Dryer in unit
Home features
Dishwasher
Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$2,499,000
Asking Price: $2,499,000
Term
30 Years
Down Payment
$249,000 (10%)
Min: 10% (249,000)
Rate
6.25 %
Mortgage Amount
$2,249,100
Mortgage Payment
$13,848
Taxes
$807
Estimated Yoreevo rebate
$43,733
Estimated closing cost
$92,000
Total monthly cost $14,655
Buy your dream home with us and get an estimated $43,733 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Keller Williams Landmark II

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