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
Price cut: $75K (4/14)
$1,275,000
63-40 Fresh Pond Rd #6FAM, Ridgewood, NY 11385
15beds
5,833sqft
Rental Unit
Built in 1930
-- sqft lot
$1,326,300 Zestimate®
$219/sqft
$-- HOA
What's special
Railroad-style layouts
- 94 days |
- 591 |
- 21 |
Zillow last checked:
Listing updated:
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: $219/sqft
- Date on market: 1/12/2026
Estimated market value
$1,326,300
$1.26M - $1.39M
$4,584/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2026 | Price change | $1,275,000-5.6%$219/sqft |
Source: StreetEasy #S1806045 Report a problem | ||
| 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.Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
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
A local agent can set up tours, give advice and negotiate with sellers.






