Price Reduced ListingHigh-Yield Opportunity: Corner Landmark + Generous Buyer Incentive ACT NOW - LIMITED TIME BUYER CREDIT The owner is currently offering a significant buyer incentive/closing cost credit to help you secure this property. This is a rare chance to offset your entry costs or buy down your interest rate on a classic Ridgewood income-producer. A PREMIER RIDGEWOOD ASSET This well-maintained brick corner building offers immediate scale and established cash flow in one of Queens' most sought-after Landmark Districts. Situated just off Fresh Pond Road, the property is moments from the Fresh Pond M train, providing high-demand rental appeal for Manhattan-bound commuters and long-term asset performance. INVESTMENT HIGHLIGHTS: IMMEDIATE SCALE: Nearly 4,000 square feet of interior space across three stories plus a full basement. THE UNICORN: Includes a rare three-car garage-a high-value amenity that generates additional premium income. DIVERSIFIED UNITS: Four units in total: a ground-floor studio and 1BR, plus two massive, sun-drenched 3-bedroom apartments on the upper floors. STRATEGIC LOCATION: Located moments from the best cafes and parks in Ridgewood, ensuring high occupancy and long-term appreciation. VALUE-ADD POTENTIAL: A full-height unfinished basement offers significant potential for storage or future creative conversion. A BLUE-CHIP PORTFOLIO ADDITION This property is being sold with existing tenancies, offering the savvy investor a solidified asset in a historically significant neighborhood where demand continues to outpace supply. This incentive is only available for a limited window. Contact us today for a private showing and financial details.
| MLS # | 888227 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 401 |
| Listing Provided By | Crifasi Real Estate Inc | Sal J. Crifasi |
| SQ Feet | 3,960 |
|---|---|
| Garage | 3 |
| Basement | Y |
| Units | 4 |
| Acreage | 0.05 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas |
| Interior Features | First Floor Bedroom |
| Construction Materials | Stone |
|---|
| Garage Yes / No | Yes |
|---|
| Utilities | Electricity Connected, Natural Gas Available |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2024 |
|---|---|
| Tax Assessed Value | 336150 |
| Tax Annual Amount | 21834 |
| State | NY |
|---|---|
| County | Queens |
| City | Ridgewood |
| Zip Code | 11385 |
| School District | Grover Cleveland High School |
| Elementary School | Ps 88 Seneca |
| High School | Grover Cleveland High School |
| State | NY |
|---|---|
| County | Queens |
| City | Ridgewood |
| Zip Code | 11385 |
| School District | Grover Cleveland High School |
| Elementary School | Ps 88 Seneca |
| High School | Grover Cleveland High School |
![]() | $1,788,0006050 Putnam AvenueRidgewood, NY 11385 |