63-40 Fresh Pond Road Ridgewood, NY $ 1,790,000
63-40 Fresh Pond Road
$ 1,790,000
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63-40 Fresh Pond Road

Ridgewood, NY, 11385
$ 1,790,000
Bedrooms-- Baths-- Sq 5,833

Monthly Estimate*

$ 11,167

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Commercial Property for sale in Ridgewood, NY

for $1,790,000. This 5,833 square foot building was built in 1930 on a lot size of 0.0653.

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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Commercial Active

Price

$ 1,790,000

Property Type

Commercial

Taxes

$ 24,401

Style

Multi Family

Lot Size

0.0653

Year Built

1930

Town/City

Ridgewood

County/Region

Queens

MLS | Web ID

891975

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Trash Collection Public Water Connected
Construction Materials Brick
Year Built 1930
Property Subtype Multi Family
Tax Year 2024
Parcel Number 03524-0054
County Queens
Property Type Commercial Sale
Directions Google MAP GPS
City New York
Number Of Units Total 6
Property Attached Y/N Y
Tax Annual Amount 24401.16
Showing Instructions By appointments only call/text Roman @ 917-215-1944 or Julia @ 718-433-8883. 24 Hours' Notice
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 462600
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Interior
Basement Bilco Door(s) Storage Space Unfinished
Total Stories 3
Basement Features Bilco Door(s) Storage Space Unfinished
Basement (Y/N) Y
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Exterior
Water Source Public
Building Area Total 5833
Waterfront Y/N N
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Internal Only
Street Number 1 63
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* Excluded Features
List By
Roman Nissim

Listing Agent

Keystone Realty Usa Corp

Broker

631-261-2800

Contact

Affordability Calculator

$13,201
Per Month
85%
15%
0%
Monthly Principal & Interest
$11,167
Monthly Property Taxes
$2,033
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/22/2025$1,790,000 Listed Price

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63-40 Fresh Pond Road, Ridgewood, NY, 11385 is a Commercial Property for sale at $1,790,000 with 5,833 sqft and a lot size of 0.0653. 63-40 Fresh Pond Road was built in 1930. The property's zip code is 11385 which is in Ridgewood, NY