Sold on 2/9/2026 for $1,300,000
68-11 FOREST Avenue
MLS® #RLS20039888
Listing by Corcoran Group
8
Bedrooms
4
Baths
3,582
Sq. Ft.
1930
Year Built
Quick Summary
Property Highlights
- Views: Other
- Climate Control: Other
- Character: Pre-war building (1930)
Property Details
Description
Unveiling a Prime Investment Opportunity: 68-11 Forest Avenue, Ridgewood, NY
Discover an exceptional investor-focused opportunity at 68-11 Forest Avenue, a meticulously maintained 4-family building nestled in the heart of Ridgewood, Queens. This fully free-market property presents an immediate income-generating asset with significant upside potential in one of New York City's most dynamic and desirable neighborhoods.
Investment Highlights:
- Four Free Market Units: Enjoy the flexibility and maximizing rental income with all four units operating as free market
- Strong Cash Flow Potential: All the units can command market-rate rents. this property offers a robust income stream potential, ideal for investors seeking stable returns and minimal regulatory oversight as the Ridgewood rental market continues its upward trajectory.
- Ideal Building Dimensions: Boasting a substantial 25-foot by 70-foot footprint, the building provides spacious layouts across its four units, appealing to a wide range of prospective tenants. Each apartment is composed of 2 bed 1 bath layouts.
- Unbeatable Transit Access: Positioned for ultimate convenience, the Q39 bus stops directly on the block, offering seamless connectivity. Furthermore, the property is extremely convenient to the Forest Avenue M train stop, providing rapid access to Manhattan and other key Brooklyn and Queens destinations, a major draw for renters.
- Vibrant Neighborhood Amenities: Ridgewood's reputation as a thriving cultural hub precedes it. The immediate vicinity of 68-11 Forest Avenue boasts an array of acclaimed restaurants, trendy cafes, local shops, and burgeoning nightlife, ensuring high tenant demand and a desirable lifestyle. Residents will appreciate the walkable nature of the neighborhood, with everyday essentials and entertainment just steps away.
- Strong Rental Market: Ridgewood continues to experience consistent demand for quality rental housing. The neighborhood's unique blend of historic charm, artistic flair, and easy accessibility makes it a magnet for a diverse tenant base, ensuring low vacancy rates and strong rental growth.
Please contact us for a detailed financial breakdown and to schedule a private showing.
Features & Amenities
Interior Features
Building Amenities
Building Information
Financial Details
About Ridgewood
View All Ridgewood ListingsRidgewood offers a unique residential experience with a blend of urban convenience and local charm. The real estate market provides a variety of options for buyers seeking space, value, and a strong sense of community in one of New York City's evolving neighborhoods.
Ridgewood Live Market Data
View NeighborhoodActive Listings
11
Median Asking Price
$1.30M
Median $/Sqft
$834
Avg Days on Market
N/A
New This Week
0
Price Reduced
9%
Sold (30 Days)
2
Median Sale Price
$995K
Live data from RLS at REBNY • Updated 2/16/26, 8:41 PM EST
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Location
68-11 FOREST Avenue, Ridgewood, Queens County
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
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Listing Courtesy of Corcoran Group - David A Palmieri
Listing Contact: (631) 525-2729
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.
RLS Data display by Keller Williams NYC. Data last updated on 2/17/2026 at 1:41 AM UTC