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$1,090,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • Updated 4 hours ago
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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. Property sold with current tenants.

Full Property Details for 16-23 Norman St

General

  • Price: $1,090,000
  • Taxes: $7,081
  • Status: Active
  • Type: Multi-Family
  • Source: Long_Island
  • MLS ID: 957576
  • Updated: Today (2/6/2026)
  • Added to Site: Today

Interior

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

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 9

Parking

  • Parking Features: On Street

Location

  • County: Queens

School Information

  • High School District: Queens24
  • Elementary School: Ps 68 Cambridge
  • Middle School: Joseph F Quinn Intermediate School 77
  • High School: Grover Cleveland High School

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Structural Information

  • Detached/Attached: Attached
  • Construction: Advanced Framing Technique
  • Basement: Yes
  • Basement Desc.: Finished, Full Basement
  • Building Size: 2518
  • Square Feet: 2,518
  • Year Built: 1930

Lot Features

  • Lot Size (Acres): 0.0574
  • Lot Size (Sq. Ft.): 2,500

Financial Considerations

  • Tax Amount: $7,081

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 03553-0096

Listed by William Raveis Real Estate

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Listing agents

— 16-23 Norman St —

  • William Raveis Real Estate

  • William Raveis Real Estate

914-245-0460

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16-23 Norman St

School District:New York City Geographic School District 24
NameGradesDistance
Ps 68 Cambridge
59-09 St Felix Ave, Queens, NY 11385
PK-50.3 mi
Joseph F Quinn Intermediate School 77
976 Seneca Ave, Queens, NY 11385
6-80.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16-23 Norman St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/06/2026
Listed
$1,090,000
-26.19%
MLS
2/27/2025
Sold
$1,476,800
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 16-23 Norman St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,498
6%
$37,331
-56%
2024
$7,081
2%
$84,060
143%
2023
$6,956
4%
$34,634
-54%
2022
$6,702
2%
$75,240
19%
2021
$6,552
-1%
$63,480
-8%
2020
$6,585
6%
$68,820
-3%
2019
$6,218
11%
$70,800
145%
2017
$5,605
—
$28,862
5%
2017
$5,605
8%
$27,498
6%
2016
$5,187
2%
$25,945
—
2015
$5,069
10%
$25,924
6%
2014
$4,616
11%
$24,482
2%
2013
$4,172
—
$24,052
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 16-23 Norman St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Listed by William Raveis Real Estate

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1623 Norman Street, Ridgewood, NY 11385 (MLS# 957576) is a Multi-Family property with 3 units containing 9 bedrooms and 4 full bathrooms. 1623 Norman Street is currently listed for $1,090,000 and was received on February 06, 2026. Want to learn more about 1623 Norman Street? Do you have questions about finding other Multi-Family real estate for sale in Ridgewood? You can browse all Ridgewood real estate or contact a Coldwell Banker agent to request more information.

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