652 Grandview Avenue, Ridgewood, NY 11385

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$2,100,000 List Price
Off Market
 
Listing ID 10475708
Property Type Commercial Building
County Queens
Township Queens
Total Tax $9,299
FEMA Flood Map fema.gov/portal
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PRIME 3 UNIT NEWLY RENOVATED MIXED-USE BUILDING WITH 2 GARAGES

The subject property is located on the corner of Grandview Avenue and Linden Street in Ridgewood. The property consists of 1 retail/office unit and 2 gut renovated three-bedroom apartments. Recently renovated, the retail space features a new HVAC system, an ADA compliant entrance, 5 offices/exam rooms, and a large waiting area. There is also a full basement and indoor garages available for 2 vehicles. The property is surrounded by a large residential market and situated just a few blocks away from the M and L trains and multiple bus lines. This space offers an excellent opportunity for an owner/user or investor.
Property Details
  • 4 Full Baths
  • 4900 SF
  • 2377 SF Lot
  • Renovated 2017
  • 2 Stories
  • Full Basement
  • 1700 Lower Level SF
  • Lower Level: Finished, Garage Access
  • Renovation: 2 gut renovated 3 bedroom apartments with brand new kitchens and bathrooms on the second floor. 1700sf newly renovated office/retail space on the ground with new HVAC and ADA compliant entrances. Newly finished basement. 2 indoor parking garages.
Interior Features
  • Hardwood Flooring
  • Central A/C
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Attached Garage
  • 2 Garage Spaces
  • Near Bus
  • Near Train
Commercial Info
  • Class: 3 Unit Mixed-Use Building
  • 2 Parking Spaces
  • 7% Cap. Rate
Income/Expenses
  • Net Income $150,000
  • Paid by Landlord: Ord. Maint., Struct. Maint., Ground Maint.
Taxes and Fees
  • $9,299 Total Tax
Previously Listed By
John Gonsalves
GREINER MALTZ PROPERTY SALES LLC
Office: 718-786-5050
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