Buy with Yoreevo
$1,326,375
List Price: $1,350,000
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6340 Fresh Pond Road
House in Ridgewood •  building info
studio • 2,844ft² $475 per ft²
Buy with Yoreevo

$1,326,375

List Price

$1,350,000

Key Details
Days on market
54
Last price change
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Estimated payment
$9,318/mo
Taxes
$2,033/mo
Maintenance
N/A
Description
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

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Home features
Hardwood floors
Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,350,000
Asking Price: $1,350,000
Term
30 Years
Down Payment
$135,000 (10%)
Min: 10% (135,000)
Rate
6.0 %
Mortgage Amount
$1,215,000
Mortgage Payment
$7,285
Taxes
$2,033
Estimated Yoreevo rebate
$23,625
Estimated closing cost
$49,000
Total monthly cost $9,318
Buy your dream home with us and get an estimated $23,625 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Amorelli Realty

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