$1,275,000
( $218.58Per Sq Foot )
 $6,844 est/mo Sourced by Back At You

6340 Fresh Pond Road,Ridgewood, NY 11385

Ridgewood, NY 11385

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Description

Priced to Sell - 6-Family Building in the Heart of Ridgewood Excellent opportunity to acquire a well-maintained 6-family multifamily building in one of Ridgewood’s most historic and desirable sections. The landlord has reserved one vacant unit, allowing for immediate owner occupancy or ease of showing. An owner-occupant can live rent-free while offsetting the mortgage with five income-producing units, or an investor may fully lease the property to maximize returns. This classic property is in very good condition and offers strong long-term investment potential. Located within the Ridgewood Historic District All apartments are railroad-style layouts: · Left-side units: 3 bedrooms / 1 bathroom · Right-side units: 2 bedrooms / 1 bathroom The property is ideally situated just 0.3 miles from the M Train at Fresh Pond Road and steps from multiple bus lines offering direct access to Atlas Park, Queens Center Mall, and the first stop on the M line. Centrally located near local restaurants, retail shops, grocery stores, and with convenient access to neighboring neighborhoods. A solid asset with flexibility, location, and upsideideal for both investors and end users. **Prospective Purchaser must be aware of Rent Stabilization Laws**122k Gross Income, For an Offering Memorandum/Income and Expenses please reach out to:Yianni Bachas

Details

MLS #950719
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1930
Days On Site241
Listing Provided ByAmorelli Realty LLC | John P. Bachas

Features

SQ Feet5,833
BasementY
Story(s)3
Units6
ZoningR6B
Acreage0.07

Interior

CoolingWall/Window Unit(s)
HeatingSteam

Exterior

Construction MaterialsBrick

Parking

Parking FeaturesOn Street

Utilities

UtilitiesTrash Collection Public
SewerPublic Sewer

Taxes

Tax Year2024
Tax Assessed Value462600
Tax Annual Amount24401.16

Area Information

StateNY
CountyQueens
CityRidgewood
Zip Code11385
Listing VS Median (in 11385)
Price:
$1,275,000
low | high
Med:
$1,100,000
63.725490196078% of Average
sqft:
5,833
low | high
Med:
2,742
100% of Average
$ / sqft:
$219
low | high
Med:
$401
33.529983838904% of Average
On site:
241
low | high
Med:
708
34.039548022599% of Average
Sourced by Back At You

Market Activity 11385

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Learn More About This Property

StateNY
CountyQueens
CityRidgewood
Zip Code11385
Listing VS Median (in 11385)
Price:
$1,275,000
low | high
Med:
$1,100,000
63.725490196078% of Average
sqft:
5,833
low | high
Med:
2,742
100% of Average
$ / sqft:
$219
low | high
Med:
$401
33.529983838904% of Average
On site:
241
low | high
Med:
708
34.039548022599% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $956K - $1.593M
sqft: 4,000 - 7,000
Nearby Listings Property ImageNearby Listings Details
65-01 Fresh Pond Road Property Photo 1
$5,400
65-01 Fresh Pond Road
Ridgewood, NY 11385
62-79 60th Street Property Photo 1
$2,300,000
62-79 60th Street
Ridgewood, NY 11385
Listing Updated: August 25, 2026 at 2:07:59 AM PDT