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For sale
  • $1,699,000

    686 Fairview Avenue, Ridgewood, NY 11385

    9beds
    2,880sqft
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    Triplex, Multi Family
    Built in 1930
    -- sqft lot
    $1,653,600 Zestimate®
    $590/sqft
    $-- HOA

    What's special

    Distinguished brick buildingExpansive floor-through three-bedroom unitsFinished basement
    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.
    124 days
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    95
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    HomeSmart Premier Living Rlty 631-762-3611,

    Irina Z. Morales 631-762-3611

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 965779MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Natural Gas
      Cooling
      • None
      Features
      • Recessed Lighting
      • Flooring: Hardwood
      • Basement: Bilco Door(s),Finished
      • Attic: None
      • Has fireplace: No
      Interior area
      • Total structure area: 2,880
      • Total interior livable area: 2,880 sqft

      Property

      Parking
      • Parking features: None
      Lot
      • Size: 971 Square Feet
      • Dimensions: Frontage 28 feet / Depth 35 feet
      Details
      • Parcel number: 034780044
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Brick
      Condition
      • Actual,Estimated
      • Year built: 1930

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected

      Community & HOA

      Location
      • Region: Flushing

      Financial & listing details

      • Price per square foot: $590/sqft
      • Tax assessed value: $86,460
      • Annual tax amount: $2,028
      • Date on market: 2/27/2026
      • Cumulative days on market: 115 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Contract,Conventional,FHA,VA
      • Tenant pays: Electricity, Gas
      • Electric utility on property: Yes

        Estimated market value

        $1,653,600

        $1.57M - $1.74M

        $4,626/mo

        Price history

        DateEventPrice
        2/28/2026Listed for sale$1,699,000+192.9%$590/sqft
        Source: OneKey® MLS as distributed by MLS GRID #965779 Report a problem
        10/26/2004Sold$580,000+58.5%$201/sqft
        Source: Public Record Report a problem
        7/8/2003Sold$366,000+38.1%$127/sqft
        Source: Public Record Report a problem
        12/29/1998Sold$265,000+211.8%$92/sqft
        Source: Public Record Report a problem
        2/7/1997Sold$85,000$30/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $86,460 +10.3%
        2024-- $78,420 +2%
        2023-- $76,920 +6%
        2022-- $72,600 +17.1%
        2021-- $61,980 +3.2%
        2020$1,760 +8.4%$60,060 -8.8%
        2019$1,623 -64%$65,820 +205.2%
        2018$4,511 +3.4%$21,565 +0.8%
        2017$4,362 +19.7%$21,400 +6%
        2016$3,645 $20,189 +6%
        2015$3,645 +64.5%$19,047 +6%
        2014$2,215 $17,971
        2013-- $17,971 +0.8%
        2012-- $17,834 +6%
        2011-- $16,825 +6%
        2010-- $15,873 +6%
        2009-- $14,976
        2008-- $14,976

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Ridgewood

        Getting around

        94 / 100
        Walker's Paradise
        74 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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