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25+ years experience · 1,000+ transactions · 5-star reviews
Queens · New York, NY
15 active listings · Median $1.3M
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A rental-heavy submarket with strong rent growth and rising sale prices.
Median asking rent in Ridgewood is $3,385/month, $115 below the 5-year high set in Jul 2025. Rents are up +5.8% year over year and +53.9% over the past 5 years. Median sale price is $1.32M, near a 5-year high.
Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.
Source: StreetEasy market data, through Mar 2026.
Ridgewood features orderly blocks of brick and limestone rowhouses, prewar tenements with decorative cornices, and multi-family buildings constructed between 1905 and 1925, making it one of Queens' most architecturally consistent neighborhoods. The M train runs through the heart of the area with sto...
| Borough | Queens |
| Zip Code | 11385 |
| Subway | Bus service |
| Building Types | Pre-war buildings, Multi-family, Walk-ups |
Stations: Bus service available
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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Based on active listings in Ridgewood
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Properties in Ridgewood
REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 1/1/1970.
Experience across NYC
Transactions closed
Active in Queens
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Ridgewood buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."
"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."
NYC cap rates range from 3.2% in Manhattan to 6.1% in the Bronx. Here's where the ROI numbers work for investors in 2026.
Brooklyn median prices run 30-50% higher than Queens for comparable apartments. Here is where first-time buyers get the most value in each borough.
NYC cap rates range from 3.2% in Manhattan to 6.1% in the Bronx. Here's where the ROI numbers work for investors in 2026.
Brooklyn median prices run 30-50% higher than Queens for comparable apartments. Here is where first-time buyers get the most value in each borough.
The median sale price in Ridgewood is $1.3M. Year-over-year price comparisons swing meaningfully when monthly closed-sale counts are low, so a single recent month is best read alongside the longer-term price trend.
Yes. The median sale price in Ridgewood sits within a few percent of the 5-year high. Pricing is firm and listings priced near the comparable median tend to clear with limited room for negotiation.
Sale listings in Ridgewood have a median of 86.5 days on market. Roughly 19.4% of active listings have recorded a price cut, suggesting some negotiating room.
Ridgewood is broadly balanced right now, with median days on market at 86.5 days and 19.4% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
Roughly 8 homes change hands each month in Ridgewood across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.
The overall median asking rent in Ridgewood is $3,385/month. Live RLS listings show 2-bedrooms at $3,405, 3+ bedrooms at $4,050 per month. Rents are up 5.8% year over year.
Median asking rent in Ridgewood is currently $115 below the 5-year high set in July 2025. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in Ridgewood has risen 53.9% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.
Within walking or short-transit distance of Ridgewood, median sale prices range across Middle Village at $910K, Bushwick at $905K, Maspeth at $879K, Glendale at $799K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Ridgewood is served by the Bus service. The commute to Midtown Manhattan runs roughly 81 minutes from Nearest bus stop.
Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Ridgewood, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: [email protected].
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Licensed Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Ridgewood, I will guide you every step of the way.
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