The Ridgewood Condo Market
Summary: What new Ridgewood condos actually close for, what they cost to own and what is coming. New plans here are small buildings, and most sales are one-bedrooms.
What Ridgewood Condos Sell For
Over the last five years, 24 new condos closed in 5 Ridgewood buildings at a median $532,500, or $824 per square foot. Most were one-bedrooms:
| Home | Share of sales | Sizemedian sf | Pricemedian | $/sfmedian |
|---|---|---|---|---|
| Studio | 8% | — | — | — |
| 1 bedroom | 67% | 651 | $525,00016 sales | $802 |
| 2 bedrooms | 25% | 878 | $985,0006 sales | $977 |
| 3+ bedrooms | 0% | — | — | — |
| All homes | 100% | 655 | $532,50024 sales | $824 |
Sponsor closings (first deed for each new home, ACRIS), Sep 30, 2021 to Sep 30, 2026.
These are closing prices: the first recorded deed for each new home, matched to its unit in the offering plan. Resales are left out. Sponsor closings here only began in 2022, too recently to show a price trend.
How Fast Ridgewood Condos Sell
Of the 9 Ridgewood buildings whose sponsor closings began in 2015 or later, 7 have sold out. The typical one took 14 months from its first closing to its last, and its first closing came 7 months after the offering plan was accepted. The typical building closed 93% of its homes in its first year of sales.
Ridgewood's Condo Supply: More Plans, Smaller Buildings
Ridgewood has had 27 condo plans with 362 homes since 2001. Since 2023 it has added about 9 homes a year, against 23 a year in 2008–14, 61% fewer, even though more plans are being accepted.
| Plan accepted | Plans a year | Homes a year | Typical buildinghomes | Asking $/sf |
|---|---|---|---|---|
| 2000–07 | 16 plans | 12 | 14 | — |
| 2008–14 | 19 plans | 23 | 12 | — |
| 2015–19 | 13 plans | 4 | 6 | — |
| 2020–22 | 13 plans | 19 | 28 | — |
| 2023–today | 26 plans | 9 | 6 | $1,149 |
Accepted condo plans. Asking $/sf: the median building's first Schedule A price list.
- Smaller buildings. The typical plan had 12 homes in 2008–14 and has 6 since 2023. 83% of plans accepted since 2015 have fewer than 10 homes.
- Many are conversions: 42% of recent plans are in existing buildings rather than new construction.
Where Ridgewood Condos Are, and the Walk to the Subway
Outline: Ridgewood as our data pages draw it. Each dot is a plan; each square the nearest entrance of a station those plans walk to.
Ridgewood is served by:
- M: Myrtle-Wyckoff Avs, Seneca Av, Forest Av and Fresh Pond Rd
- L: DeKalb Av, Myrtle-Wyckoff Avs and Halsey St, along Wyckoff Avenue on the Brooklyn line
| Nearest subway | Lines | Condo plans | Walkmedian |
|---|---|---|---|
| Seneca Av | M | 7 | 4 min |
| Halsey St | L | 6 | 4 min |
| Forest Av | M | 5 | 9 min |
| Fresh Pond Rd | M | 4 | 8 min |
| Myrtle-Wyckoff Avs | L, M | 2 | 5 min |
| DeKalb Av | L | 1 | 7 min |
Each plan counted once, at the station entrance with the shortest walk.
The median recent building is 5 minutes from a subway entrance; 75% are within 5 minutes and 8% more than 10. More in subway distance and condo prices.
Amenities, Laundry and Doormen
What the offering plans accepted since 2015 include:
Amenities
40%have a shared amenity: gym, roof deck, bike room, package room or storage
Washer/dryer
43%include a washer and dryer in each home
Doorman
0%have a staffed front desk
Plans accepted since 2015. Amenities: 5 new-construction plans; washer/dryer: 7 plans that say either way; front desk: 9 plans read.
- Mostly walk-ups: only 22% of the plans that say either way have an elevator. More in walk-up condos.
- Laundry: where no washer and dryer is included, the plan provides hookups (57%).
- Parking in 33% of recent plans.
Common Charges
A typical new Ridgewood condo charges $400 a month per home (median of 6 plans accepted since 2015). Here's where it goes, next to Bushwick and Astoria:
| Per home, per month | Ridgewood | Bushwick | Astoria |
|---|---|---|---|
| Common charges a month | $400 | $405 | $482 |
| Staff | $7 | $20 | $57 |
| Insurance | $70 | $72 | $69 |
| Water & sewer | $78 | $75 | $56 |
| Heat, gas & electricity | $26 | $34 | $69 |
| Repairs & service contracts | $102 | $92 | $83 |
| Management fee | $44 | $19 | $60 |
| Reserves & contingency | $18 | $47 | $51 |
| Legal, accounting & admin | $55 | $46 | $28 |
| Amenities & other | $0 | $0 | $9 |
Plans accepted since 2015: the median first-year common charge per home (Ridgewood 6, Bushwick 50, Astoria 18 plans), split by the average share of each Schedule B budget line (6, 50, 18 budgets).
The biggest pieces are repairs & service contracts ($102) and water & sewer ($78). Compare Bushwick ($405) and Astoria ($482), and common charges across NYC.
New Ridgewood Condo Plans Filed Since 2025
Condo plans filed since 2025: 4, with 20 homes (4 accepted, 0 still under review).
| Building | Filed | Asking $/sf | Common chargesper month | Subway walk |
|---|---|---|---|---|
| 1716 Madison Street6 homes | Aug 13, 2026Accepted Aug 13, 2026 | $963 | $324 | 3 minSeneca Av (M) |
| 60-64 Catalpa Avenue6 homes | Jan 28, 2026Accepted Jan 28, 2026 | $1,158 | $361 | 5 minFresh Pond Rd (M) |
| 21-32 Bleecker Street2 homes | Dec 12, 2025Accepted Dec 12, 2025 | — | $644 | 10 minFresh Pond Rd (M) |
| 1811 Menahan Street6 homes | Mar 27, 2025Accepted Oct 24, 2025 | $1,174 | $585 | 5 minSeneca Av (M) |
Asking $/sf: the sponsor's Schedule A average. A dash means the plan doesn't list enough priced homes, or its budget isn't read yet.
FAQ
How much do new condos in Ridgewood cost?
Over the five years to Sep 30, 2026, new Ridgewood condos closed at a median $532,500: about $525,000 for a one-bedroom and $985,000 for a two-bedroom.
What is the price per square foot for Ridgewood condos?
The median sponsor closing was $824 per square foot over the last five years.
How long does it take a Ridgewood condo building to sell out?
The typical building that has sold out closed all its homes 14 months after its first closing.
What are common charges in a new Ridgewood condo?
About $400 a month per home for the median plan accepted since 2015.
Do Ridgewood condos have elevators or doormen?
Few have elevators (22% of recent plans), and 0% have a staffed front desk.
Where do these figures come from?
Ridgewood is the Queens neighborhood as our data pages draw it, from each building's map point. Plans are condo offering plans the New York Attorney General accepted or is reviewing, with at least one home. Sales are sponsor closings from city deed records, through Sep 30, 2026. Features come from the plan text and may change by amendment; check the latest plan for the building you're buying in. New to offering plans? Start with what a condo offering plan is.
Related: The SoHo Condo Market · The Harlem Condo Market