686 Fairview Ave Ridgewood, NY 11385
Ridgewood NeighborhoodEstimated payment $9,009/month
Highlights
- Wood Flooring
- 3-minute walk to Forest Avenue
- 3-minute walk to Rosemary's Playground
- Recessed Lighting
About This Home
Exceptional Trophy Building in Ridgewood’s Historic District Located in the heart of Ridgewood’s Historic District, this distinguished brick building offers a rare opportunity to own a true legacy asset in one of Queens’ most sought-after landmark neighborhoods. Demand in the Historic District continues to grow, reinforcing both prestige and long-term value. Ideally positioned, the property sits two short blocks from the Forest Ave M train stop, providing convenient access to Manhattan and surrounding areas. The neighborhood is rich with local cafes, restaurants, parks, and community amenities. Spanning nearly 3,000 square feet of interior space (excluding the basement), the building is configured across three stories plus a finished basement. The first, second and third floors each feature expansive floor-through three-bedroom units, one bath, kitchen and living room. The basement is finished, it offers significant potential for recreational space, two more bedrooms or for storage. Whether for an end user seeking a signature property or an investor targeting long-term appreciation, this is a rare chance to secure a cornerstone building in Ridgewood’s Historic District—an asset positioned to grow in both value and demand. Potential monthly rent roll exceeds $12,000 PROPERTY IS CONVEYED WITH ONE CURRENT TENANT.
Listing Agent
HomeSmart Premier Living Rlty Brokerage Phone: 631-762-3611 License #10401353102 Listed on: 02/27/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,029
Year Built
- Built in 1930
Lot Details
- 971 Sq Ft Lot
Home Design
- Triplex
- Brick Exterior Construction
Interior Spaces
- Recessed Lighting
- Wood Flooring
- Finished Basement
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Utilities
- No Cooling
- Heating System Uses Natural Gas
Community Details
- 3 Units
Listing and Financial Details
- Legal Lot and Block 0044 / 3478
- Assessor Parcel Number 03478-0044
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,836 | $27,427 | $2,417 | $25,010 |
| 2024 | $1,940 | $25,878 | $2,515 | $23,363 |
| 2023 | $1,836 | $25,878 | $2,564 | $23,314 |
| 2022 | $1,904 | $72,600 | $7,620 | $64,980 |
| 2021 | $1,890 | $61,980 | $7,620 | $54,360 |
| 2020 | $1,760 | $60,060 | $7,620 | $52,440 |
| 2019 | $1,585 | $65,820 | $7,620 | $58,200 |
| 2018 | $1,539 | $21,565 | $3,548 | $18,017 |
| 2017 | $2,626 | $21,400 | $3,609 | $17,791 |
| 2016 | $2,436 | $21,400 | $3,609 | $17,791 |
| 2015 | $2,215 | $19,047 | $4,442 | $14,605 |
| 2014 | $2,215 | $17,971 | $4,234 | $13,737 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/27/2026 02/27/26 | For Sale | $1,699,000 | -- | $590 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $580,000 | -- | |
| Deed | $580,000 | -- | |
| Deed | $366,000 | -- | |
| Deed | $366,000 | -- | |
| Bargain Sale Deed | $265,000 | First American Title Ins Co | |
| Bargain Sale Deed | $265,000 | First American Title Ins Co | |
| Deed | $85,000 | -- | |
| Deed | $85,000 | -- | |
| Deed | $57,500 | American Title Ins Co | |
| Deed | $57,500 | American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $72,000 | No Value Available | |
| Closed | $72,000 | No Value Available | |
| Previous Owner | $392,000 | Purchase Money Mortgage | |
| Previous Owner | $260,200 | FHA | |
| Previous Owner | $68,000 | No Value Available | |
| Previous Owner | $56,500 | No Value Available | |
| Closed | $0 | No Value Available |
Source: OneKey® MLS
MLS Number: 965779
APN: 03478-0044
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.