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1623 Norman StreetRidgewood, NY 11385

For Sale

$1,090,000

Smart Buyer Rebate $13,625

.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.

Listed by Jason Kerwar

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William Raveis Real Estate

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914-245-0460

Listed by Diane M. Madden

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William Raveis Real Estate

Last updated March 08, 2026

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Source: OneKey #957576

Listing Facts

  • TypeMulti-family
  • NeighborhoodRidgewood
  • Bedrooms9
  • Bathrooms4
  • Days on Prevu57
  • Taxes$7,081/year

Location

Mortgage Calculator

Listing History

02/06/2026
Listed by William Raveis Real Estate
$1,090,000

Estimated Closing Costs

Total
$42,091
Attorney Fees
$4,000
NYC Mansion Tax
$10,900
Title Insurance
$4,905
Bank Attorney
$1,500
Mortgage Recording Tax
$16,786
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,090,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1623 Norman Street

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Year Built: 1930
  • Construction Materials: Advanced Framing Technique

Measurements

  • Building Area Total: 2,518
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,500

Financial

Taxes

  • Parcel Number: 03553-0096
  • Tax Annual Amount: $7,081.00
  • Tax Assessed Value: $100,740.00
  • Tax Year: 2024

Interior

Features

  • Interior Features: First Floor Bedroom, First Floor Full Bath

Rooms

  • Basement: Finished, Full
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 9

Parking

Parking

  • Parking Features: On Street

Schools

Elementary School

  • Elementary School: Ps 68 Cambridge
  • Elementary School District: Queens 24

High School

  • High School: Grover Cleveland High School
  • High School District: Queens24

Middle or Junior School

  • Middle Or Junior School: Joseph F Quinn Intermediate School 77
  • Middle Or Junior School District: Queens24

Utilities

Equipment

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 9 bedrooms and 4 bathrooms in this multi-family home at 1623 Norman Street.

What schools are nearby to 1623 Norman Street?

Nearby schools include the Ps 68 Cambridge Elementary School, Joseph F Quinn Intermediate School 77 Middle School, and Grover Cleveland High School.

What are the annual taxes for 1623 Norman Street?

Annual taxes for this multi-family home are estimated at $7,081.

How does 1623 Norman Street compare to other multi-family homes in Ridgewood?

This multi-family home is listed 28% below the average price for multi-family homes in Ridgewood and has been on the market for 49 less days than the typical home in this area.

1623 Norman Street is a 9-bedroom, 4-bath multi-family home for sale in Ridgewood NY 11385. On Prevu for 57 days at $1,090,000. This residence is located in Ridgewood. The median listing price for multi-family homes in this area is $1,395,000. Nearby schools include Ps 68 Cambridge Elementary School, Joseph F Quinn Intermediate School 77 Middle School, and Grover Cleveland High School. Browse more multi-family home listings in Queens.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.