Contact the listing broker Adis Kolenovic directly at Kole Group for more information or to schedule a viewing. Presenting 71-04 60th Lane, a prime mixed-use corner property in the heart of Ridgewood, Queens. This recently renovated, fully vacant asset offers outstanding investment potential with a 7.1% pro forma cap rate at the asking price of $2,100,000. The building features two oversized 1,200 sq ft each, four-bedroom apartments with modern interiors, in-unit laundry hookups, and separate utilities. The ground floor boasts 800 sq ft of retail space plus 400 sq ft of office, perfect for a variety of commercial uses. A 1,200 sq ft fully finished basement with a bathroom offers further income or storage opportunities. The property also includes three private garages (600 sq ft total), ideal for tenant use or additional rental income. Situated on a high-visibility corner of 71st Ave and 60th Lane, the property is within walking distance to shops, parks, and major retailers like Stop & Shop, and enjoys convenient access to transit — including the M and R trains at the Forest Ave or Fresh Pond Rd stations. Highlights: 3,600 sq ft gross building area + 1,200 sq ft finished basement + 600 sq ft garages Updated mechanicals with separated gas and electric Radiator heat, gas hot water, and window AC units Zoning: R6B/C1-4 Lot size: 20.33’ x 90’ (1,830 sq ft) Don’t miss this unique opportunity to own a turn-key property in one of Queens’ most vibrant submarkets.

Listing courtesy of Kole Group LLC ak@kole.group


Based on information submitted to the MLS GRID as of 2025-08-03 06:53 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.