Moishe Stern
Call: (646) 481-1671
Text: (646) 481-1671
MLS#957576
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLQueens24
Property Description
.INVESTOR OWNED, CASH DEAL PREFERRED. PROPERTY IS CONVEYED WITH CURRENT TENANTS. 1 BEDROOM IS VACANT. Welcome to one of the hottest neighborhoods in NYC - Ridgewood, Queens! Invest in this now-prominent and rapidly growing community with a versatile, income-producing property. The first floor features a spacious one-bedroom unit and a nicely sized two-bedroom apartment. The second level offers a rarely available four-bedroom unit, ideal for strong rental demand. The property also includes a fully finished basement of approximately 1,250 square feet, providing valuable additional space. Current tenants are on month-to-month leases, offering flexibility for an investor or end user. Potential monthly rent roll exceeds $9,700, making this an exceptional opportunity in one of Queens' most desirable areas. Sold as is - Cash deal only.
Property Features
Property Type: Multi Unit - Multiple
Basement: Finished, Full
Basement: Yes
Cooling: None
Heating: Natural Gas
Lot Size: 0.06 Acres
Taxes: $7,081
Year Built: 1930
Amenities
First Floor Bedroom
First Floor Full Bath
Feature Descriptions
Building Area Total: 2518
Days on Site: 121
Exterior: Advanced Framing Technique
On Market Date: 2026-02-06
Parcel Number: 03553-0096
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Local Schools
High School: Grover Cleveland High School
Middle School: Joseph F Quinn Intermediate School 77
Elementary School: Ps 68 Cambridge
School District: Queens24
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Estimated Payment
$ 3,333.87 per month $2,425.87 Principal & Interest $590.08 Property Tax $317.92 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: William Raveis Real Estate
Agency Contact: 914-245-0460
Shown By
Agent Name: Moishe Stern
Agent Phone: (646) 481-1671
Agency Title: Laffey Real Estate
1623 Norman Street | MLS# 957576
This multi-family property located at 1623 Norman Street, Ridgewood, NY 11385 is currently listed for sale with an asking price of $1,090,000. Norman Street is located within the Queens24 school district. Search Ridgewood real estate on moishestern.laffey.com today.