High-Yield Opportunity: Corner Landmark + Generous Buyer Incentive
ACT NOW – LIMITED TIME BUYER CREDIT
The owner is currently offering a significant buyer incentive/closing cost credit to help you secure this property. This is a rare chance to offset your entry costs or buy down your interest rate on a classic Ridgewood income-producer.
A PREMIER RIDGEWOOD ASSET
This well-maintained brick corner building offers immediate scale and established cash flow in one of Queens’ most sought-after Landmark Districts. Situated just off Fresh Pond Road, the property is moments from the Fresh Pond M train, providing high-demand rental appeal for Manhattan-bound commuters and long-term asset performance.
INVESTMENT HIGHLIGHTS:
IMMEDIATE SCALE: Nearly 4,000 square feet of interior space across three stories plus a full basement.
THE UNICORN: Includes a rare three-car garage—a high-value amenity that generates additional premium income.
DIVERSIFIED UNITS: Four units in total: a ground-floor studio and 1BR, plus two massive, sun-drenched 3-bedroom apartments on the upper floors.
STRATEGIC LOCATION: Located moments from the best cafes and parks in Ridgewood, ensuring high occupancy and long-term appreciation.
VALUE-ADD POTENTIAL: A full-height unfinished basement offers significant potential for storage or future creative conversion.
A BLUE-CHIP PORTFOLIO ADDITION
This property is being sold with existing tenancies, offering the savvy investor a solidified asset in a historically significant neighborhood where demand continues to outpace supply.
This incentive is only available for a limited window. Contact us today for a private showing and financial details.
Utility FeaturesElectricity Connected, Natural Gas Available
SEWERPublic Sewer
WATER SOURCEPublic
Year Built1930
BasementFull
Garage spaces3
CITYRidgewood
COUNTYQueens
STATENY
SENIOR COMMUNITYNo
TAX AMOUNT21834.0
LATEST UPDATE2026-05-12T22:34:36.602Z
DAYS ON MARKET291
PRICE CHANGE(S)
$2,650,000 Jul 23, 2025
$2,499,000 Aug 5, 2025
$2,449,000 Sep 4, 2025
$2,395,000 Sep 11, 2025
$2,345,000 Sep 18, 2025
$2,295,000 Sep 29, 2025
$2,249,000 Nov 12, 2025
$2,197,000 Jan 7, 2026
$2,147,000 Feb 21, 2026
$2,095,000 Mar 13, 2026
$2,093,000 Apr 6, 2026
$2,092,000 Apr 16, 2026
$2,090,000 May 6, 2026
$1,999,000 May 12, 2026
CUMULATIVE DAYS ON MARKET291
Market Trends
New Properties On Market
37
16%
Decrease In New Listings
Average Asking Price
$999,843
$54,193 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$560
$192 Decrease In List Price/Sq. Ft.
Average Days On Market
9
10 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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