686 Fairview Ave, New York, NY 11385

Description

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.