Ridgewood Homes under $1.5 million

Welcome to Ridgewood, a vibrant neighborhood nestled in the heart of Queens, New York. Known for its rich history and diverse community, Ridgewood seamlessly blends the charm of a small town with the conveniences of urban living. With tree-lined streets, beautiful parks, and a variety of local shops and eateries, Ridgewood offers a unique atmosphere that attracts families, young professionals, and everyone in between.

One of the most appealing aspects of Ridgewood is its affordability, especially for those looking for homes under $1.5 million. Here, you can find a delightful array of properties, from classic multi-family homes to modern condos, each showcasing the neighborhood's unique architectural styles. Whether you’re seeking a cozy starter home or an investment property, Ridgewood has something for everyone.

The community is well-connected, with easy access to public transportation options like the M and L subway lines, making commuting to Manhattan a breeze. Additionally, Ridgewood is home to several parks, including the expansive Forest Park, which offers endless opportunities for outdoor recreation, picnicking, and relaxation.

Ridgewood is not just a place to live; it's a community where neighbors become friends, and local businesses thrive. With its affordable housing market and welcoming atmosphere, Ridgewood stands out as a hidden gem in Queens, making it an excellent choice for those looking to call New York City home. Come explore Ridgewood, where your dream home awaits!

Newest Ridgewood Homes under $1.5 million

$1,349,000

5 Beds ⋅ 3 Baths ⋅ 1060666 MLS

Fully renovated detached two-family home in the Glendale/Ridgewood area, offering approximately 1,990 square feet of living space plus a full finished basement. This well-updated property features two separate residential units with flexible living arrangements for owner occupancy, extended family, or rental use. Each unit has its own kitchen, full bathroom, boiler, hot water heater, and electrical panel. The property has separate electric and gas meters, allowing each unit to have separately metered utilities. Extensive renovations include 3/4-inch solid hardwood flooring throughout, new plumbing, a new underground sewer line to the street, new insulation and drywall, solid interior doors, and updated electrical systems with two separate panels. The home features three full bathrooms with updated fixtures, zone heating, a new roof, and energy-efficient windows. Four security cameras are included. The full finished basement with separate entrance provides additional flexible space for recreation, storage, or other uses. Conveniently located near PS 68 Cambridge Elementary School, Myrtle Avenue, shopping, dining, and public transportation. Nearby bus routes include the Q55, Q29, B13, B20, QM24, QM25 and QM34, with subway service accessible in the surrounding area. A turnkey detached two-family property offering extensive updates, separate utilities, flexible living space, and convenient access to transportation and neighborhood amenities.

6038 78th Avenue, Ridgewood

$1,250,000

12 Beds ⋅ 6 Baths ⋅ 1059329 MLS

6 UNIT Prime investment opportunity. Sold As-Is. All apartments were renovated. Not Vacant. 5 Apartments - rent stabilized. 1 Apartment - free market.

1728 Greene Avenue, Ridgewood

$1,399,999

1058968 MLS

Excellent opportunity to own a four-family property located in the heart of Ridgewood, Queens. This income-producing property features four residential units, with one unit currently vacant, offering an opportunity for an owner-occupant or investor to explore its income potential. Major updates include a relatively new boiler installed approximately two years ago and a new main water service line. Conveniently located in Ridgewood, with access to neighborhood shops, restaurants, public transportation, and local amenities. A great opportunity for investors or buyers looking to own a multi-family property in Ridgewood Queens.

410 Onderdonk Avenue, Ridgewood

$1,199,000

1058487 MLS

Excellent opportunity to own a well-maintained brick 6-family building in the desirable Ridgewood neighborhood of Queens! There building has 3 floors and two units on each floor. One unit on the 1st floor will be delivered vacant. This property has been meticulously cared for by the owner, reflecting pride of ownership and consistent attention to maintenance. An attractive opportunity for investors seeking a multi-family property with long-term income potential. Conveniently located near public transportation, local shops, restaurants, and neighborhood amenities. Don't miss this opportunity to own this well-maintained multi-family property!

654 Seneca Avenue, Ridgewood

$1,299,999

6 Beds ⋅ 3 Baths ⋅ 1057120 MLS

HELLO INVESTOR AND BUYER LOOKING FOR THEIR NEW HOME! DELIVERED VACANT! RARE RIDGEWOOD OPPORTUNITY! LEGAL 2-FAMILY SEMI-DETACHED WITH A SHARED DRIVEWAY! LARGE BUILDING SIZE: 19FT x 55FT! Opportunities like this don’t come knocking often… but when they do, Buyers pay attention. Whether you're an investor searching for strong rental potential or an end user looking for a large home with income-producing possibilities, this Ridgewood gem checks all the boxes. This legal Two-Family home features TWO oversized 3-Bedroom apartments — BOXED layouts on both the first and second floors — each approximately 1,045 sqft! Large rooms, flexible layouts, and the kind of square footage that is becoming harder and harder to find in NYC. **And the best part? DELIVERED VACANT!** No inheriting tenants. No waiting. Just immediate opportunity. FULLY FINISHED BASEMENT WITH A FULL BATHROOM! Perfect for additional recreational space, home office setup, gym, storage, guest space, and more. LOCATION, LOCATION, LOCATION! Just a 13-minute walk to the Fresh Pond M Train, making commuting into the city seamless. Surrounded by Ridgewood’s vibrant mix of cafes, restaurants, bakeries, bars, shopping, and everyday conveniences. PLUS… Bushwick is only a quick 5-minute bike ride away! FOR INVESTORS, THE NUMBER MAKE SENSE: -Excellent rental income potential -High-demand rental market -Spacious layouts tenants actually want -Easy transportation access for commuters -Flexible living spaces ideal for work-from-home lifestyles FOR END USERS: Why settle for a standard single-family when you can OWN a massive multi-family property and offset your expenses with rental income? **RIDGEWOOD CONTINUES TO BE ONE OF NYC’S HOTTEST NEIGHBORHOODS** -Ranked #1 NYC Neighborhood to Watch by StreetEasy -Recognized as the 4th Coolest Neighborhood in the World by Time Out Magazine IMPORTANT DETAILS: Built: 1920 Building Size: 19 x 55 Lot Size: 22.42 x 100 Zoning: R4-1 Taxes: $7,269.28 All information deemed reliable but not guaranteed. Buyers are encouraged to perform their own due diligence.

6416 Cooper Avenue, Ridgewood

$1,129,000

1052522 MLS

Welcome to 18-30 Madison Street, Ridgewood, NY. An excellent opportunity to own a large well-maintained six-family property in one of Queens’ most sought-after and vibrant neighborhoods. This property is in good condition and features numerous recent upgrades. The property currently generates approximately $110,000 in annual income and offers a cap rate of over 6.5%, making it an attractive opportunity for investors and young end-user or first-time multi-family buyer, this property offers the opportunity to live in one of the units while the rental income from the other apartments helps offset the mortgage and ownership expenses. Located in prime Ridgewood, with convenient access to transportation, shopping, restaurants, schools, and neighborhood amenities.

18-30 Madison St, Ridgewood

$1,449,900

6 Beds ⋅ 3 Baths ⋅ 1052214 MLS

Wonderful opportunity to own a well-maintained brick three-family home ideally situated on the border of Ridgewood and Glendale, Queens. This spacious property features a desirable two-bedroom over two-bedroom over two-bedroom layout, offering three separate apartments, each with two bedrooms, one full bathroom, and approximately 1,100 square feet of living space. All three apartments are in great condition, and the property has been owner-occupied and carefully maintained for the past 15 years. The home also features a full finished basement with convenient walkout access to the backyard, steam heating, and a relatively new hot water heater. Adding tremendous value for both an owner-occupant and investor, the entire property will be delivered vacant at closing, providing the new owner with maximum flexibility to occupy, rent, or configure the property according to their needs. Conveniently located approximately one mile from the Fresh Pond Road M train station, with easy access to local shopping, dining, neighborhood amenities, and express bus service along Fresh Pond Road. With three spacious apartments, excellent overall condition, and vacant delivery, this is a wonderful opportunity to own an income-generating three-family property in a highly desirable location between Ridgewood and Glendale. Easy to show and available for showings anytime.

7104 67th Place, Ridgewood

311 Saint Nicholas Avenue Unit #3H, Ridgewood

$598,000

1 Beds ⋅ 1 Baths ⋅ 1051808 MLS

Spacious 1-Bedroom Condo with Private Balcony | Prime Ridgewood Location Welcome to Unit 3H at Gates Tower Condominium, a spacious 1-bedroom, 1-bathroom condo offering approximately 608 SF of living space plus a private balcony in a prime Ridgewood location. The residence features a large living and dining area, comfortable bedroom, hardwood floors, dishwasher, and private outdoor space with open city views. Enjoy your morning coffee with the sunrise or unwind in the evening while taking in the sunset. One of the property's most compelling advantages is its low monthly carrying cost, with approximately 186/month common charges and 339/month real estate taxes. Gates Tower is a secure 24-unit, five-story condominium with elevator, laundry facilities, recreational/community space, and a gated compound with controlled vehicle access from both St. Nicholas Avenue and Gates Avenue. Ideally located near Myrtle-Wyckoff Avenues, with convenient access to the L and M subway lines, as well as Starbucks, CVS, Planet Fitness, Food Bazaar, restaurants, cafes, and neighborhood shopping. Major retailers including Burlington and Target are coming to the area. A compelling opportunity for a first-time buyer, investor, or anyone seeking spacious condo living with low monthly ownership costs in one of Brooklyn/Queens most dynamic neighborhoods. Don't miss this opportunity to own a spacious 1-bedroom with private outdoor space in Ridgewood at an attractive value.

311 Saint Nicholas Avenue Unit #3H, Ridgewood

$1,198,000

6 Beds ⋅ 2 Baths ⋅ 1049508 MLS

VACANT 2-FAMILY BRICK HOME | POTENTIAL & VALUE | DRIVEWAY & 2-CAR GARAGE!! Huge brick 2-family home in prime location! Needs TLC—ideal opportunity to renovate and customize. Features 2 units (each 3 BR, spacious LR, FDR, EIK), 2nd floor hall room, and full unfinished High ceiling basement , Updated 1st and 2nd floor baths, attached 2-car garage w/ interior basement access plus 2-car driveway. Mins To M train/Fresh Pond Rd & Myrtle Ave, Express buses to Manhattan,divered vacant!

7036 65th Street, Ridgewood

$1,198,000

5 Beds ⋅ 2 Baths ⋅ 1046949 MLS

Great opportunity to own a two-family brick home in the heart of Ridgewood. Offering approximately 2,400 square feet of living space on a 20' x 90' lot, this classic brick property features two spacious railroad-style apartments with generously sized rooms and plenty of natural light. A full finished basement with a separate entrance provides additional usable space and flexibility. Enjoy the attractive Ridgewood lifestyle, with a vibrant mix of neighborhood restaurants, cafes, local shops, parks, and convenient access to public transportation. With its established residential feel and easy connection to surrounding Queens and Brooklyn neighborhoods, Ridgewood continues to appeal to both owner-occupants and investors alike.

68-14 60th Street, Ridgewood

$1,190,000

18 Beds ⋅ 6 Baths ⋅ 1042679 MLS

An extraordinary investment opportunity in the heart of Ridgewood! Welcome to 1823 Putnam Avenue, a massive pre-war multi-family residence boasting 18 bedrooms, 6 full bathrooms, and an expansive full-footprint basement for superior storage. Situated on a quiet, tree-lined block, this exceptional home seamlessly blends classic historic architecture with high-volume, functional living space across all levels. Inside, light-filled layouts showcase high ceilings, hardwood flooring, and built-in shelving. The functional kitchens offer generous cabinetry and gas range cooking, while the flexible multi-bedroom floor plans easily accommodate dynamic living arrangements, home offices, or creative studios. Step outside into your private rear yard—a serene urban sanctuary featuring a paved concrete patio and integrated garden beds, ideal for outdoor dining and gardening. Located in one of Queens' most desirable neighborhoods, you are just blocks from local hot spots like Rolo's, Julia's, and Topos Bookstore. Commuting is effortless with rapid access to the M train at Seneca Ave/Forest Ave and the L train at Myrtle-Wyckoff Ave.

1822 Putnam Avenue, Ridgewood

$889,000

3 Beds ⋅ 3 Baths ⋅ 1038841 MLS

Welcome to this beautifully renovated home offering modern style, comfort, and functionality. This stunning property features 3 spacious bedrooms and 2.5 bathrooms, with hardwood floors throughout and a thoughtfully designed interior. The fully finished basement provides additional living and recreational space, perfect for a family room, home office, gym, or entertainment area. Move-in ready and renovated with today’s buyer in mind, this beautiful home is a must-see!

6918 69th Street, Ridgewood

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.