1 month on rocket

62-42 Forest Ave, Ridgewood, NY, 11385

$2,100,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 3 Partial
6,335 SqFt
$331/SqFt
Multi

Location

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62-42 Forest Ave, New York$2,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1931
HeatingNatural Gas, Forced Air
CoolingWindow Unit(s)
MLS #3580998
Lot Size0.16 Acres
StatusActive
(A)

About 62-42 Forest Ave

Welcome to 6242 Forest Ave mixed-use property located on the border of Ridgewood and Maspeth nearby the intersection of Forest and Metropolitan Ave. This property consists of two commercial spaces on the 1st floor and two residential apartments on the 2nd floor. Larger commercial space offers around 3,000 sq feet of available space that can perfectly serve as a medical facility, community center or retail space. Currently occupied but may be delivered vacant. Second commercial unit has an area close to 500 sq feet. Well mainteined ! Excellent location, close to high traffic area with easy access to public transportation. Great Opportunity for owner User or Investor!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1931
  • Living Area: 6,335 SqFt

Listing Office:

  • Office Name: Trademarko Realty Inc
  • Office Phone: (718) 502-5141

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: www.google.com/maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,100,000
  • Price Per SqFt: $331/SqFt
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

62-42 Forest Ave vs New York

41 DAYS ON ROCKET

-43 Days

$2,100,000

+$1.2M More

$331/SqFt

-$314 Less

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $314/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3580998

Listing Office:

  • Office Name: Trademarko Realty Inc
  • Office Phone: (718) 502-5141

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

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.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/5/2024, 6:11:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2176352
5
/10

  • PS 68 Cambridge

  • 5909 Saint Felix Ave

  • 0.15 miles

  • Public District Grades PK-5

school-card-donut-2176353
5
/10

  • PS 239

  • 1715 Weirfield St

  • 0.31 miles

  • Public District Grades PK-5

school-card-donut-2176354
4
/10

  • PS 88 Seneca

  • 6085 Catalpa Ave

  • 0.36 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,993. Residents of New York, NY typically earn less than $35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Queens County›New York›11385›62-42 Forest Ave

This home is located at 62-42 Forest Ave in Ridgewood, NY and zip code 11385 in the Ridgewood neighborhood. This 6,335 square foot home, which was built in 1931, sits on a 0.16 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $2,100,000.

In October 2024 more than 269 listings in New York, NY were sold above the asking price. During the same period more than 850 listings were sold at asking price, while more than 833 were sold below. In October 2024 in New York, NY there were 1.8% more homes for sale than in September 2024. While the average time on the market in October 2024 was 84 days, the median list price was $856,124.

From Rocket Homes Real Estate and based on county public records data.

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