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63-40 Fresh Pond Rd #6FAM, Ridgewood, NY, 11385

15beds
6baths
5,833sqft
$1,275,000
$219price/sqft
$8,542/moest. monthly cost
$341,680/yrincome needed

About This Home

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

Getting Around

94
WalkingWalker's Paradise
0
TransitVery Limited Transit
54
BikeBikeable

Schools

4/10
Ps 71 ForestGrades PK-50.3 mi
3/10
Is 93 RidgewoodGrades 6-80.4 mi
2/10
Grover Cleveland H.S.Grades 9-120.5 mi

Construction

Condition

  • Year built: 1930

Type & Style

  • Home type: SingleFamily
  • Property subType: Rental Unit

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

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Courtyard,Garden