This property is one of the lowest priced properties available in Ridgewood—perfect for contractors or homeowners ready to create their dream space. This property requires a total gut renovation and offers incredible potential. Homeowners can fully customize their future home, while developers have the option to expand the existing structure by approximately 2,000 sq. ft. or build a brand-new 3,300 sq. ft. 1- to 4-family residence. Located in a prime Ridgewood location near the Fresh Pond Rd. M train station, local buses, shopping, and more. Zoned R5B, the current building measures 22' x 30'. Special bank financing may be available to qualified buyers with as little as 3% down, covering both the purchase and renovation. Don’t miss this unique opportunity. Please note, this home is being sold in AS IS condition and is only accepting cash offers. All prospective buyers are strongly encouraged to perform their own due diligence and consult with an architect and/or attorney to verify current and potential uses.
Listed by Joseph V. Crifasi
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Crifasi Real Estate Inc
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718-821-5999
Last updated May 15, 2025
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Source: OneKey #862308
Listing Facts
TypeMulti-family
NeighborhoodRidgewood
Days on Prevu117
Taxes$5,612/year
Location
Mortgage Calculator
Listing History
05/14/2025
Listed by Crifasi Real Estate Inc
$888,888
Estimated Closing Costs
Total
$27,188
Attorney Fees
$4,000
Title Insurance
$4,000
Bank Attorney
$1,500
Mortgage Recording Tax
$13,688
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $888,888 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 61-25 Menahan Street
Exterior
Construction
Number Of Units Total: 2
Property Attached: Yes
Year Built: 1925
Construction Materials: Aluminum Siding, Frame
Measurements
Building Area Units: Square Feet
Lot Features: Near Public Transit, Near School, Near Shops
Lot Size Dimensions: 25,100
Lot Size Square Feet: 2,500
Financial
Taxes
Parcel Number: 03522-0033
Tax Annual Amount: $5,612.00
Tax Year: 2025
Interior
Features
Interior Features: Primary Bathroom
Rooms
Basement: Full, Unfinished
Has Basement: Yes
Other
Location
Tax Block: 3522
Tax Lot: 33
Schools
High School
High School: Grover Cleveland High School
High School District: Queens24
Middle or Junior School
Middle Or Junior School: Is 93 Ridgewood
Utilities
Equipment
Heating: Hot Water, Natural Gas
Sewer: Public Sewer
Water Source: Public
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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.
