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 upside—ideal 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
Active
$1,350,000
63-40 Fresh Pond Rd #6FAM, Ridgewood, NY 11385
15beds
5,833sqft
Rental Unit
Built in 1930
-- sqft lot
$1,321,900 Zestimate®
$231/sqft
$-- HOA
What's special
Railroad-style layouts
- 46 days |
- 623 |
- 9 |
Zillow last checked: 8 hours ago
Listing updated: January 28, 2026 at 01:58pm
Listing by:
Amorelli Realty 516-404-7056,
John Bachas
Source: StreetEasy,MLS#: S1806045
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 6
- Full bathrooms: 6
Features
- Flooring: Hardwood
Interior area
- Total structure area: 5,833
- Total interior livable area: 5,833 sqft
Video & virtual tour
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard, Garden
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Rental Unit
Condition
- Year built: 1930
Community & HOA
Community
- Subdivision: Ridgewood
Location
- Region: Ridgewood
Financial & listing details
- Price per square foot: $231/sqft
- Date on market: 1/12/2026
Estimated market value
$1,321,900
$1.26M - $1.39M
$4,476/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/12/2026 | Listed for sale | $1,350,000$231/sqft |
Source: StreetEasy #S1806045 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: Ridgewood
Nearby schools
GreatSchools rating
- 4/10Ps 71 ForestGrades: PK-5Distance: 0.3 mi
- 3/10Is 93 RidgewoodGrades: 6-8Distance: 0.4 mi
- 2/10Grover Cleveland H.S.Grades: 9-12Distance: 0.5 mi






