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63-40 Fresh Pond Road

Ridgewood, NY 11385
  • $1,790,000
  • STATUS: Active
  • ON SITE: 146 Days
  • MLS #: 891975
UPDATED: 237 min ago
$1,790,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Description

Looking for a dependable investment in a fast-growing Queens neighborhood? This well-maintained three-story multi-family with basement sits in a high-demand area of Ridgewood, offering six residential railroad-style units and consistent rental income with significant upside potential. With 5 of 6 units occupied and one vacant, this property gives buyers the immediate opportunity to increase cash flow by leasing the vacant unit at market rent or upgrading interiors over time to boost value. Key Highlights: 1. Six Residential Units 2. Attractive Brick Exterior & Low Maintenance Costs 3. Same Ownership for Over 40 Years – Pride of Ownership 4. Zoning: R6B / C1-4 – Potential for Future Redevelopment 4. Lot Size: 2,844 SF | Building Area: 5,833 SF

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-15T00:17:07.017.
www.selectyournexthome.com/homes/166126748
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63-40 Fresh Pond Road Ridgewood, NY 11385

  • Price: $1,790,000
  • Status: Active
  • On Site: 146 Days
  • Updated: 237 min ago
  • MLS #: 891975
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1930
Built
Neighborhood:
New York
County:
Queens
Area:
New York
Property Description
Looking for a dependable investment in a fast-growing Queens neighborhood? This well-maintained three-story multi-family with basement sits in a high-demand area of Ridgewood, offering six residential railroad-style units and consistent rental income with significant upside potential. With 5 of 6 units occupied and one vacant, this property gives buyers the immediate opportunity to increase cash flow by leasing the vacant unit at market rent or upgrading interiors over time to boost value. Key Highlights: 1. Six Residential Units 2. Attractive Brick Exterior & Low Maintenance Costs 3. Same Ownership for Over 40 Years – Pride of Ownership 4. Zoning: R6B / C1-4 – Potential for Future Redevelopment 4. Lot Size: 2,844 SF | Building Area: 5,833 SF
Exterior Features

Construction Materials Brick Property Attached YN Yes Stories Total 3 Waterfront YN No

Interior Features

Basement Details Bilco Door(s)Storage SpaceUnfinished Basement YN Yes Cooling Wall/Window Unit(s)

Property Features

Building Area Total 5833 Heating Natural Gas Lot Size Area 2844 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 24401.16 Tax Source Municipality Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedTrash Collection PublicWater Connected Water Source Public

Listing courtesy of Roman Nissim of Keystone Realty USA Corp: 631-261-2800
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-15T00:17:07.017.
 
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