Buy with Yoreevo
$1,758,675
List Price: $1,790,000
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63-40 Fresh Pond Road
House in Ridgewood •  building info
studio • 2,844ft² $629 per ft²
Buy with Yoreevo

$1,758,675

List Price

$1,790,000

Key Details
Days on market
148
Last price change
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Estimated payment
$11,952/mo
Taxes
$2,033/mo
Maintenance
N/A
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 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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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,790,000
Asking Price: $1,790,000
Term
30 Years
Down Payment
$179,000 (10%)
Min: 10% (179,000)
Rate
6.25 %
Mortgage Amount
$1,611,000
Mortgage Payment
$9,919
Taxes
$2,033
Estimated Yoreevo rebate
$31,325
Estimated closing cost
$63,000
Total monthly cost $11,952
Buy your dream home with us and get an estimated $31,325 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Keystone Realty USA Corp

Information ©2025, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.