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568 Grandview Avenue Ridgewood, NY 11385
$2,400,000
  • 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

Additional Features

  • Construction Materials: Frame
  • Parking Spaces: Yes
  • Parking Facilities: Garage

Interior & Utilities

  • Heat: Hot Water
  • A/C: Wall/Window Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $17,537
Listing Information provided courtesy of eXp Realty  888-276-0630
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