Ridgewood Real Estate

Ridgewood Real Estate

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Newest Listings in Ridgewood

6 Beds ⋅ 3 Baths ⋅ 11871315 MLS

407 Fairview Avenue is a two-family residential property located in the Ridgewood section of Queens, NY. Built in 1920, the property consists of approximately 1,568 square feet of living area, with 6 bedrooms and 3 bathrooms across two residential units. The building sits on a 16.5' x 95' lot totaling approximately 1,568 square feet and is improved with a two-story frame structure. The property is zoned R6B and classified as a B2 two-family dwelling, making it suitable for continued owner-occupancy, rental use, or long-term investment ownership. Public records indicate the property is currently owner-occupied and occupied, with no reported HOA/COA, no involuntary liens, and no current distress or short-sale status. The asset benefits from significant estimated equity, with an indicated value of approximately $999,000 and estimated mortgage debt of approximately $314,811. The property has been held for nearly 20 years, suggesting stable ownership and potential long-term appreciation. Based on available data, the home appears to be in average overall condition, with an average interior, good kitchen condition, and average bathroom condition. Located in Ridgewood, a well-established Queens neighborhood known for its residential character, access to Brooklyn and Manhattan, and continued demand for two-family housing, 407 Fairview Avenue presents a solid equity-rich residential asset with potential appeal to end-users, small investors, or buyers seeking a two-family property in a supply-constrained market.

407 Fairview Ave., Ridgewood, NY, Queens

12 Beds ⋅ 6 Baths ⋅ 11777765 MLS

Presenting a well-maintained six-family property located in one of Ridgewood's most desirable and convenient neighborhoods. This fully occupied building offers immediate, stable rental income. The property features modern apartments, including a brand-new renovation in Apartment 2L, enhancing both value and tenant appeal. Two of the units are lead-free, providing added peace of mind and compliance benefits. The building is equipped with 200-amp electrical service, supporting today's energy demands efficiently. Ideally situated near public transportation, shopping, dining, and local amenities, this location continues to attract high tenant demand, making it a solid long-term investment. Whether you're expanding your portfolio or entering the multifamily market, this Ridgewood property offers a compelling combination of location, condition, and income potential.

59-51 Madison St, Ridgewood

4 Beds ⋅ 2 Baths ⋅ 11775924 MLS

Large brick corner mixed-use property located in the heart of vibrant Ridgewood, Queens. This well-maintained investment opportunity features two ground-floor commercial storefronts, both to be delivered vacant at closing. Also included is a 1 story Commercial unit in the back of the property, offering excellent potential for owner-users or investors seeking strong retail exposure. The residential component consists of two spacious apartments: a 4-room apartment currently rented for $1,900/month and a 5-room apartment generating $2,200/month. Positioned in a thriving commercial corridor surrounded by established local businesses, restaurants, cafes, and neighborhood services, this property benefits from strong foot traffic and consistent demand. Convenient access to the Myrtle-Wyckoff Avenues Station with L and M subway lines provides an easy commute to Manhattan, Brooklyn, and throughout Queens, while multiple bus lines service the immediate area. Ridgewood continues to experience strong growth and popularity due to its blend of residential charm, active business district, and outstanding transportation options. Exceptional opportunity for investors, end-users, or developers alike.

60-98 69th Ave, Ridgewood

6 Baths ⋅ 11737998 MLS

CLEAN FULLY LEASED SIX-UNIT RENT-STABILIZED BUILDING IN PRIME RIDGEWOOD Six-unit residential building Located in prime Ridgewood Total building size: 5,850 sq ft Lot dimensions: 26 x 107.33 (2,791 sq ft) Fully leased with strong in-place income. Based on the upcoming renewals of units 1R, 1L, 2L, 3R Six residential units (all occupied) All units rent-stabilized Building features: Brand new appliances Remodeled kitchens & bathrooms Digital doorman system Average unit size: ~975 sq ft, with three-bedroom and two-bedroom layouts. Built in 1931 2A Tax Class: capped annual tax increases Low annual property taxes: ~$17,070 Additional buildable area: ~2,500+ sq ft (FAR 3) 5-minute walk to Myrtle-Wyckoff L & M trains. 7.01% Actual Cap Rate.

959 Seneca Avenue, Ridgewood

30 Beds ⋅ 8 Baths ⋅ 11737554 MLS

Introducing a rare investment opportunity in the heart of Ridgewood, Queens. This well-maintained 8-family brick building offers 9,200 sq ft of living space on a 36x100 lot, zoned R6B. Built in 1930 and substantially renovated in 2020, approximately 90% of the building has been updated with modern finishes while retaining its pre-war charm. The property consists of 1 three-bedroom unit and 7 four-bedroom units, all rent-stabilized, providing steady and reliable cash flow. Tenants are responsible for their own electric and cooking gas, while the landlord covers heat, water, and insurance. Recent upgrades include a full finished basement, updated interiors, and ongoing maintenance that ensures minimal near-term capital expenses. Situated just two blocks from the M train, the property is within walking distance to shops, dining, and essential services, making it a desirable address for tenants. the property offers both stable income and upside potential through continued rent increases in one of NYC's most desirable rental submarkets. Investment Highlights 8 residential units - mix of 1 x 3BR and 7 x 4BR Rent-Stabilized with reliable long-term tenants Gross Income: $198,288 Net Income: $141,952 that at a 7% Cap, 90% Renovated (modernized interiors, new finishes) Low Maintenance: Professionally managed, clean, and well-kept Transit-Oriented Location: 2 blocks to M train; 30 minutes to Manhattan Upside: Strong demand in Ridgewood + potential package deal with 12 Family In Woodside with an NOI $161K inquire within for more details. Combine with both building will leave you with a total NOI $303K at $4,588,776 That will leave you at a 7% Cap Rate .

Madison st, Ridgewood

5 Beds ⋅ 2.5 Baths ⋅ 11694223 MLS

This Mixed-use investment opportunity is located in the heart of Ridgewood. This well-maintained property features a spacious ground-floor commercial unit currently operating as a neighborhood bar, complete with a large main area, pool table section, and a separate rear room with stage-ideal for live music, private events, and gatherings. The commercial rent is $6,523 per month and increases 3% on each April 1. The lease ends on 3/31/2031. Under that lease, that tenant pays 77% of property taxes, 61% of the water charges and its heat expenses. Above the commercial space on the 2nd floor are two residential apartments providing strong rental income. Apt. 2A features an eat-in kitchen, living room, 2 bedrooms and full bath, currently rented for $2,400/month with lease expiring 8/31. Apt. 2B Will be Vacant on Title and consists of an Eik, Lr, 3 bedrooms and 1 Full bathroom, market rent is $3,800 per month. Both tenants pay their own heat, minimizing owner expenses. Also featuring a full basement, & gas heat. Located in the vibrant Ridgewood section of Queens, known for its blend of residential charm and thriving local businesses, this property offers excellent foot traffic and long-term upside. Convenient access to shopping, dining, and public transportation makes this an attractive option for both commercial and residential tenants. Ideal for investors or owner-users seeking a solid income-producing property in a prime and growing neighborhood.

552 Grandview Ave, Ridgewood

5 Beds ⋅ 2 Baths ⋅ 11679620 MLS

VACANT ON TITLE Solid brick two-family home that will be all vacant on title. Perfect for investors or owner-occupants. The first-floor unit features a spacious kitchen, formal dining room, bright living room, and two well-sized bedrooms. The second-floor unit offers a similar layout with a kitchen, dining room, living room, and three bedrooms. The property includes gas heating; a fuel-efficient boiler was installed approx. 3 years ago, and the roof was replaced in 2020. The large unfinished basement has separate rooms, offering excellent potential for storage, workspace, or future customization. Conveniently located close to public transportation, including the train, making commuting a breeze..

60-34 69th Ave, New York

1 Beds ⋅ 1 Baths ⋅ 11664854 MLS

Beautifully appointed 1-bedroom, 1-bath condominium with private balcony and open-concept living at Gates Tower - one of Ridgewood's most well-positioned buildings, situated on a prominent corner lot at Gates Avenue and Saint Nicholas Avenue. This 695 sq ft 3rd-floor residence features rich hardwood floors, oversized windows that flood the space with natural light, and a seamless living, dining, and kitchen layout ideal for everyday living and entertaining. The kitchen is equipped with stainless steel appliances including a side-by-side refrigerator with ice maker, gas range, dishwasher, and microwave, complemented by a built-in wine rack and abundant custom cabinetry. The generously sized bedroom offers excellent closet space, and the full bathroom features floor-to-ceiling tile work. A private balcony off the living area offers open sky views over the Ridgewood streetscape - an ideal outdoor retreat. The building features secured gated entry, elevator access, and in-building laundry. Commuters will appreciate being just 0.1 miles from the Myrtle/Wyckoff Station serving both the L and M trains, with dining, shopping, and neighborhood parks all within easy reach.

311 Saint Nicholas Avenue, #3H Unit #3H, Ridgewood

8 Beds ⋅ 5.5 Baths ⋅ 11514500 MLS

Prime corner building on the busiest block in Ridgewood with coveted tax class 2A Two stores and two apartments Double sidewalk frontage: 47 feet on Myrtle Avenue, 62 feet on Norman Street Total of 109 feet of wraparound visibility Fully gut-renovated in 2018 Three-story mixed-use building totaling approx. 4,398 SF Two spacious residential units: each with 4 bedrooms and 2 bathrooms Ground-floor tenants: established coffee shop and an established regional dessert franchise High foot traffic ensures consistent retail activity Retail leases include 50% real estate tax over base year + 3% annual increases Annual gross income of approximately $256K. Turnkey, easy-to-manage asset in Ridgewood's most desirable location.

59-40 Myrtle Avenue, Ridgewood

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