407 Fairview Avenue is a two-family residential property located in the Ridgewood section of Queens, NY. Built in 1920, the property consists of approximately 1,568 square feet of living area, with 6 bedrooms and 3 bathrooms across two residential units. The building sits on a 16.5' x 95' lot totaling approximately 1,568 square feet and is improved with a two-story frame structure. The property is zoned R6B and classified as a B2 two-family dwelling, making it suitable for continued owner-occupancy, rental use, or long-term investment ownership. Public records indicate the property is currently owner-occupied and occupied, with no reported HOA/COA, no involuntary liens, and no current distress or short-sale status. The asset benefits from significant estimated equity, with an indicated value of approximately $999,000 and estimated mortgage debt of approximately $314,811. The property has been held for nearly 20 years, suggesting stable ownership and potential long-term appreciation. Based on available data, the home appears to be in average overall condition, with an average interior, good kitchen condition, and average bathroom condition. Located in Ridgewood, a well-established Queens neighborhood known for its residential character, access to Brooklyn and Manhattan, and continued demand for two-family housing, 407 Fairview Avenue presents a solid equity-rich residential asset with potential appeal to end-users, small investors, or buyers seeking a two-family property in a supply-constrained market.
For sale
Price cut: $390K (8/20)
$500,000
407 Fairview Ave, Flushing, NY 11385
6beds
1,742sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$287/sqft
$-- HOA
What's special
Two-story frame structureGood kitchen condition
- 71 days
- 9,889
- 572
Zillow last checked:
Listing updated:
Listed by:
WILSON STANLEY E 917-450-8087,
Stanley Wilson 917-450-8087
Source: NY State MLS,MLS#: 11871315
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Kitchen
- Features: Pass-Through, Laminate Counters
Heating
- Gas
Appliances
- Included: Refrigerator, Microwave, Oven
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,742
- Total interior livable area: 1,742 sqft
- Finished area above ground: 1,742
Property
Features
- Stories: 2
- Frontage length: 0
Lot
- Size: 1,742 Square Feet
Details
- Parcel number: 033790008
- Lease amount: $0
- Special conditions: Short Sale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Amps(0)
- Water: Municipal
Community & HOA
Community
- Subdivision: Ridgewood
HOA
- Has HOA: No
Location
- Region: Flushing
Financial & listing details
- Price per square foot: $287/sqft
- Tax assessed value: $866,000
- Date on market: 7/7/2026
- Date available: 07/06/2026
- Listing agreement: Exclusive
Estimated market value
Not available
Estimated sales range
Not available
$4,346/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Price change | $500,000-43.8%$287/sqft |
Source: NY State MLS #11871315 Report a problem | ||
| 7/7/2026 | Listed for sale | $890,000-8.2%$511/sqft |
Source: NY State MLS #11871315 Report a problem | ||
| 6/28/2022 | Listing removed | -- |
Source: | ||
| 4/26/2022 | Price change | $969,000+12.8%$556/sqft |
Source: | ||
| 3/28/2022 | Listed for sale | $859,000+161.1%$493/sqft |
Source: | ||
| 11/12/2010 | Listing removed | $329,000$189/sqft |
Source: RE/MAX 2000 #2310317 Report a problem | ||
| 7/17/2010 | Listed for sale | $329,000-40.5%$189/sqft |
Source: Re/Max 2000 Realty Inc. #2310317 Report a problem | ||
| 10/24/2006 | Sold | $553,000$317/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $51,960 -4.1% |
| 2024 | -- | $54,180 -9.5% |
| 2023 | -- | $59,880 +8% |
| 2022 | -- | $55,440 +8.8% |
| 2021 | -- | $50,940 +6.3% |
| 2020 | $4,321 +7.2% | $47,940 +0.6% |
| 2019 | $4,030 -14.7% | $47,640 +111.1% |
| 2018 | $4,722 +7.8% | $22,572 +5% |
| 2017 | $4,382 +4.2% | $21,496 |
| 2016 | $4,203 | $21,496 +3.1% |
| 2015 | $4,203 +71.8% | $20,851 +5.8% |
| 2014 | $2,446 | $19,704 +4.8% |
| 2013 | -- | $18,810 +5% |
| 2012 | -- | $17,914 |
| 2011 | -- | $17,914 +3.1% |
| 2010 | -- | $17,376 +5.8% |
| 2009 | -- | $16,420 +4.8% |
| 2008 | -- | $15,675 |
Find assessor info on the county website





