$500,000
- 6 Beds
- 3 Baths
- 1,742 sqft
407 Fairview Ave, Flushing, NY 11385
Est. Mortgage $3,033/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1920
$287/sqft
Local Information
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About this House
What's unique:Two-story frame structureGood kitchen condition
407 Fairview Avenue is a two-family residential property located in the Ridgewood section of Queens, NY. Built in 1920, the property consists of approximately 1,568 square feet of living area, with 6 bedrooms and 3 bathrooms across two residential units. The building sits on a 16.5' x 95' lot totaling approximately 1,568 square feet and is improved with a two-story frame structure. The property is zoned R6B and classified as a B2 two-family dwelling, making it suitable for continued owner-occupancy, rental use, or long-term investment ownership. Public records indicate the property is currently owner-occupied and occupied, with no reported HOA/COA, no involuntary liens, and no current distress or short-sale status. The asset benefits from significant estimated equity, with an indicated value of approximately $999,000 and estimated mortgage debt of approximately $314,811. The property has been held for nearly 20 years, suggesting stable ownership and potential long-term appreciation. Based on available data, the home appears to be in average overall condition, with an average interior, good kitchen condition, and average bathroom condition. Located in Ridgewood, a well-established Queens neighborhood known for its residential character, access to Brooklyn and Manhattan, and continued demand for two-family housing, 407 Fairview Avenue presents a solid equity-rich residential asset with potential appeal to end-users, small investors, or buyers seeking a two-family property in a supply-constrained market.
Last check for updates: about 18 hours ago
Listing by: WILSON STANLEY E, (917) 450-8087
Stanley Wilson, (917) 450-8087
Source: NY State MLS, MLS#11871315
Home Details for 407 Fairview Ave
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Interior Details Basement: UnfinishedNumber of Rooms: 1Types of Rooms: Kitchen |
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 1742 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Microwave, OvenMicrowaveRefrigerator |
Heating & Cooling Heating: GasNo CoolingHas HeatingHeating Fuel: Gas |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Amps(0) |
Levels, Entrance, & Accessibility Stories: 2 |
View No View |
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Parking & Garage No Garage |
Frontage Not on Waterfront |
Farm & Range Frontage Length: 0 |
Finished Area Finished Area (above surface): 1742 Square Feet |
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Days on Market: 126 |
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Year Built Year Built: 1920 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: FrameNot a New Construction |
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Price List Price: $500,000Price Per Sqft: $287 |
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MLS Status: Contract |
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Direction & Address City: QueensCommunity: Ridgewood |
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Listing Agent Listing ID: 11871315 |
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Building Area Building Area: 1742 Square Feet |
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Not Senior Community |
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No HOAHOA Fee: No HOA Fee |
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Lot Area: 1742 sqft |
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Special Conditions: Short Sale |
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Listing Agreement Type: Exclusive |
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BasementMls Number: 11871315Zillow Contingency Status: Under ContractAbove Grade Unfinished Area: 1742 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 10, 2026 Source: NY State MLS #11871315 | Contingent | $500,000 |
Nov 7, 2026 Source: NY State MLS #11871315 | ListingRemoved | $500,000 |
Sep 25, 2026 Source: NY State MLS #11871315 | Contingent | $500,000 |
Aug 20, 2026 Source: NY State MLS #11871315 | PriceChange | $500,000 Price decreased by 44% |
Jul 7, 2026 Source: NY State MLS #11871315 | Listed For Sale | $890,000 |
Jun 28, 2022 Source: Weichert Pro | ListingRemoved | |
Apr 26, 2022 Source: OneKey® MLS as distributed by MLS GRID #3386740 | PriceChange | $969,000 Price increased by 13% |
Mar 28, 2022 Source: OneKey® MLS as distributed by MLS GRID #3386740 | Listed For Sale | $859,000 |
Nov 12, 2010 Source: Agent Provided | ListingRemoved | $329,000 |
Jul 17, 2010 Source: Agent Provided | Listed For Sale | $329,000 |
Oct 24, 2006 Source: N/A | Sold | $553,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $866,000 |
Home facts updated by county records
Around this home
What Locals Say about Ridgewood
At least 1283 Trulia users voted on each feature.
89 % Say it's walkable to grocery stores
88 % Say there are sidewalks
84 % Say it's dog friendly
84 % Say it's walkable to restaurants
73 % Say streets are well-lit
69 % Say people would walk alone at night
60 % Say there's holiday spirit
59 % Say kids play outside
57 % Say they plan to stay for at least 5 years
52 % Say yards are well-kept
50 % Say neighbors are friendly
44 % Say it's quiet
38 % Say car is needed
38 % Say there are community events
33 % Say there's wildlife
27 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
Market trends in New York
Last updated September 2026
Avg. sale price
$833K
$14.83KMoM
Sale-to-List Price
98.2%
0.1%MoM
Price per sq ft
$723
$18MoM
Available listings
17509
870MoM
Sourced by Trulia Market Trends
Home Value
Trulia Estimate
$487KSince last month
Increased$1K (+0.2%)Since last year
Decreased$615K (-55.8%)Since last sale
Decreased$66K (-11.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -42% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| November 2026 | $487K |
| October 2026 | $486K |
| June 2026 | $1.16M |
| May 2026 | $1.14M |
| April 2026 | $1.13M |
| March 2026 | $1.14M |
| February 2026 | $1.13M |
| January 2026 | $1.11M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.31 | Multi-Family Home | $999,000 | 08/26/26 | 5 | 2 | 1,940 | |
0.33 | Multi-Family Home | $1,100,000 | 02/26/26 | 6 | 2 | 1,800 | |
0.22 | Multi-Family Home | $1,325,000 | 02/26/26 | 5 | 2 | 2,128 | |
0.29 | Multi-Family Home | $916,000 | 02/27/26 | 3 | 3 | 1,200 | |
0.34 | Multi-Family Home | $1,080,000 | 03/19/26 | 8 | 3 | 2,500 | |
0.38 | Multi-Family Home | $1,161,000 | 11/25/25 | 7 | 3 | 2,750 | |
0.54 | Multi-Family Home | $885,000 | 07/13/26 | 6 | 3 | 3,240 | |
0.35 | Multi-Family Home | $1,250,000 | 03/09/26 | 5 | 2 | 2,427 | |
0.23 | Multi-Family Home | $1,600,000 | 12/17/25 | 7 | 4 | 2,750 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $1,180,200 | 7 | 2 | 1,760 | Off Market | |
0.01 | $894,200 | 1 | 1 | 500 | Off Market | |
0.01 | - | Studio | 1 | - | Off Market | |
0.01 | $1,098,300 | 2 | 1 | - | Off Market | |
0.01 | $1,039,000 | Studio | - | 1,760 | Off Market | |
0.01 | $1,528,600 | Studio | - | 2,232 | Off Market | |
0.01 | - | 1 | 1 | 800 | Off Market | |
0.01 | - | 2 | 1 | 900 | Off Market | |
0.01 | - | 2 | 1 | 1,000 | Off Market | |
0.01 | - | 2 | 1 | 1,000 | Off Market | |
0.01 | - | 1 | 1 | - | Off Market | |
0.01 | $1,133,700 | 2 | 1 | 3,100 | Off Market | |
0.01 | $804,600 | 1 | 1 | 875 | Off Market | |
0.02 | $1,270,300 | Studio | - | 3,450 | Off Market | |
0.02 | - | - | - | - | Off Market | |
0.02 | - | - | - | - | Off Market | |
0.02 | $1,913,400 | 6 | 3.5 | 4,625 | Off Market | |
0.02 | $1,130,100 | Studio | - | 1,800 | Off Market | |
0.02 | - | Studio | 1 | - | Off Market | |
0.02 | $1,204,300 | Studio | - | 1,848 | Off Market |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Stanley Wilson, WILSON STANLEY E, (917) 450-8087
Agent Phone: (917) 450-8087
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Frequently asked questions about 407 Fairview Ave
- What is the estimated monthly payment for 407 Fairview Ave?Based on a $500,000 list price with 20% down at today's rates, the estimated monthly payment for 407 Fairview Ave in Flushing, NY is approximately $3,129 (about $2,696 principal & interest, $358 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 407 Fairview Ave compare to homes in Flushing?407 Fairview Ave in Flushing, NY is listed at $500,000, about 40% below the $833K median sale price in Flushing.
- What do residents say about the Ridgewood neighborhood?Residents describe the Ridgewood neighborhood in Flushing, NY as walkable to grocery stores, pedestrian-friendly, and dog-friendly. See homes for sale in Ridgewood, Flushing.
- What are the closest schools to 407 Fairview Ave?The closest schools to 407 Fairview Ave in Flushing, NY are Grover Cleveland H.S. (High, rated 2/10), Is 93 Ridgewood (Middle, rated 3/10), Ps 71 Forest (Pre-K/Elementary, rated 4/10).