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77-04 85th St #Penthouse, Ridgewood, NY, 11385

3beds
2baths
1,500sqft
$888,000
$592price/sqft
$5,526/moest. monthly cost
$221,040/yrincome needed

About This Home

Welcome to 77-04 85th Street, Glendale, NY—a well-maintained detached brick two-family home offering timeless charm, flexibility, and outstanding value. Whether you're looking for a primary residence with rental income potential or a solid investment opportunity, this legal two-family property is designed to meet a variety of needs. The home features a practical and spacious layout, complemented by classic brick construction and abundant natural light throughout. A full basement provides additional space for storage, recreation, or future possibilities. Gas heating ensures efficient and dependable year-round comfort. Outside, enjoy the privacy of a detached home with a private driveway leading to a garage for convenient off-street parking. The spacious backyard is perfect for entertaining, family gatherings, barbecues, or simply relaxing outdoors. Ideally situated on a desirable residential block in Glendale, this home is just moments from shopping, public transportation, parks, schools, and a wide variety of neighborhood amenities. Don't miss this exceptional opportunity to own a classic two-family home in one of Queens' most sought-after neighborhoods.

Getting Around

81
WalkingVery Walkable
0
TransitVery Limited Transit
66
BikeBikeable

Schools

7/10
Ps 113 Isaac ChaunceyGrades PK-80.2 mi
6/10
Maspeth High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1940

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total structure area: 1,500
  • Total interior livable area: 1,500 sqft

Property

Details

  • Special condition: Resale

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Queens County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,490$53,880
Home Insurance *$234$2,808
Property Taxes $555$6,660
Electricity $247$2,974
Total$5,526$66,312
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$189,462/yr
40% on housing$165,780/yr
45% on housing$147,360/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.5%
2.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$592This listing

vs Other Active Listings

Avg $/sqft

ZIP 11385$563
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11385$601
Queens County$600

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-13Contingent$888,000
2026-07-08Listed for sale$888,000

For Sale by Agent

AgentNan Zhang
BrokerageN & H Realty Group Inc

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