USANYRidgewood63 Fresh Pond Rd
View of building exterior | Image 1
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$1,790,000

63 Fresh Pond Rd, Ridgewood, NY

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $24,401
Days Active 0
Approx. Age 1930
MLS® Number 891975

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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 (Rent-Stabilized) 2. Gross Annual Rent: $120, 775 3. One 3BR Unit Vacant – Projected $44, 000/year 4. Low Annual Operating Expenses: $73, 781 5. Attractive Brick Exterior & Low Maintenance Costs 6. Same Ownership for Over 40 Years – Pride of Ownership 7. Zoning: R6B / C1-4 – Potential for Future Redevelopment 8. Lot Size: 2, 844 SF | Building Area: 5, 833 SFShow Description
MLS® Number891975
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1930
Stories3
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNatural Gas
A/CWall/Window Unit(s)
Heating Fuel

Extras

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