For sale

Price cut: $1.1M (2/24)

$1,090,000

1623 Norman Street, Ridgewood, NY 11385

9beds

2,518sqft

Triplex, Multi Family

Built in 1930

-- sqft lot

$-- Zestimate^®

$433/sqft

$-- HOA

What's special

Nicely sized two-bedroom apartmentRarely available four-bedroom unitSpacious one-bedroom unit

.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.

50 days

1,958

66

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 4
Full bathrooms: 4

Heating

Has Heating (Unspecified Type)

Cooling

None

Features

First Floor Bedroom, First Floor Full Bath
Basement: Finished,Full
Has fireplace: No

Interior area

Total structure area: 2,518
Total interior livable area: 2,518 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Lot

Size: 2,500 Square Feet

Details

Parcel number: 035530096
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Multi Family
Attached to another structure: Yes

Materials

Advanced Framing Technique

Condition

Year built: 1930

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Location

Region: Ridgewood

Financial & listing details

Price per square foot: $433/sqft
Tax assessed value: $100,740
Annual tax amount: $7,081
Date on market: 2/6/2026
Cumulative days on market: 159 days
Listing agreement: Exclusive Right To Sell
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
2/24/2026	Price change	--
Source: Auction.com 3 #APID1394825 Report a problem
2/6/2026	Listed for sale	$1,090,000-15.5%$433/sqft
Source: OneKey® MLS as distributed by MLS GRID #957576 Report a problem
2/2/2026	Listing removed	$1,290,000$512/sqft
Source: OneKey® MLS as distributed by MLS GRID #925719 Report a problem
10/17/2025	Listed for sale	$1,290,000-4.4%$512/sqft
Source: OneKey® MLS as distributed by MLS GRID #925719 Report a problem
4/26/2025	Listing removed	$1,350,000$536/sqft
Source: OneKey® MLS as distributed by MLS GRID #821949 Report a problem
4/9/2025	Price change	$1,350,000-2.7%$536/sqft
Source: OneKey® MLS as distributed by MLS GRID #821949 Report a problem
4/3/2025	Price change	$1,388,000-7.5%$551/sqft
Source: OneKey® MLS as distributed by MLS GRID #821949 Report a problem
3/31/2025	Listed for sale	$1,500,000+1.6%$596/sqft
Source: OneKey® MLS as distributed by MLS GRID #821949 Report a problem
3/20/2025	Sold	$1,476,800-1.5%$586/sqft
Source: Public Record Report a problem
2/6/2025	Listed for sale	$1,500,000+7400%$596/sqft
Source: OneKey® MLS as distributed by MLS GRID #821949 Report a problem
12/12/2018	Sold	$20,000-95.3%$8/sqft
Source: Public Record Report a problem
10/1/2003	Sold	$425,000+93.2%$169/sqft
Source: Public Record Report a problem
10/31/1997	Sold	$220,000+63%$87/sqft
Source: Public Record Report a problem
3/1/1995	Sold	$135,000$54/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$84,060 +0.7%
2023	--	$83,460 +10.9%
2022	--	$75,240 +18.5%
2021	--	$63,480 -7.8%
2020	$6,585 +5.9%	$68,820 -2.8%
2019	$6,218 +3%	$70,800 +145.3%
2018	$6,038 +7.7%	$28,862 +5%
2017	$5,605 +10.5%	$27,498 +6%
2016	$5,073	$25,945 +0.1%
2015	$5,073 +62.1%	$25,924 +5.9%
2014	$3,129	$24,482 +1.8%
2013	--	$24,052 +5%
2012	--	$22,915 +6%
2011	--	$21,621 +0.1%
2010	--	$21,604 +5.9%
2009	--	$20,402 +1.8%
2008	--	$20,044

Find assessor info on the county website

BuyAbility℠ payment

Estimated monthly payment

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.

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Climate risks

Neighborhood: Ridgewood

Getting around

95 / 100

Walker's Paradise

69 / 100

Bikeable

Nearby schools

GreatSchools rating

6/10
Ps 68 Cambridge
Grades: PK-5Distance: 0.3 mi
4/10
Joseph F Quinn Intermediate School 77
Grades: 6-8Distance: 0.3 mi
2/10
Grover Cleveland H.S.
Grades: 9-12Distance: 1.1 mi

Schools provided by the listing agent

Elementary: Ps 68 Cambridge
Middle: Joseph F Quinn Intermediate School 77
High: Grover Cleveland High School

Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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