568 Grandview Avenue
Ridgewood,
NY
11385
- Commercial
- Year Built 1917
- Multi Family
- ML# 921216
Property Details
Overview
Incredible opportunity to own a turnkey, income-producing mixed-use brick building in one of Queens’ most desirable and rapidly appreciating neighborhoods.PROPERTY HIGHLIGHTS:* Zoning: R6B – Residential zoning allows for potential future development or expansion (consult architect)* Corner Lot – Excellent exposure and street visibility on a bustling Ridgewood intersection* 3 Residential Units – Fully leased with stable tenants and strong rent roll* 1 Ground-Floor Retail Unit – High-visibility storefront, ideal for continued commercial use* 4 Private Garages – Rare in the area; great for owner use or additional rental incomeInvestment Summary:This is a true turnkey investment offering immediate cash flow and long-term upside in a high-demand rental market. Perfect for 1031 exchange buyers, investors, or owner-users looking for mixed-use flexibility.
Key Facts
- •Lot Size: 0.0398
- •Lot Sq Ft: 1734
- •Taxes: $17,537
- •Sale or Rent: Sale
- •School District: Ps 71 Forest
- •Zoning: R6B
- •Construction Materials: Frame
- •Parking Spaces: Yes
- •Parking Facilities: Garage
- •Heat: Hot Water
- •A/C: Wall/Window Unit(s)
- •Water: Public
- •Sewer: Public Sewer
Listing Information provided courtesy of
eXp Realty
888-276-0630
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