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Ridgewood NY, 11385 $1,599,000

Multi Family For Sale 4 Beds , 4 Full Bath  

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Details ML#: 3590477  

  • Style: Other
  • # of Families: 2
  • Year Built: 1930
  • Taxes: $12,791
  • Status:Active

Description

Charming Mixed-Use Property in the Heart of Ridgewood, Queens Discover an exceptional investment opportunity in vibrant Ridgewood, Queens! This well-maintained mixed-use property offers the perfect blend of commercial and residential space, situated in a thriving neighborhood just moments from local amenities and public transportation. Property Highlights: ? Commercial Space: Approximately 2, 000 square feet, currently functioning as a medical office. The storefront boasts a welcoming entrance, making it an ideal space for various businesses. The large layout allows for multiple treatment rooms, reception areas, and potential customization to suit your needs. ? Residential Units: Two spacious apartments, each approximately 1, 000 square feet. Each apartment features comfortable living spaces, providing an inviting atmosphere for tenants. The well-designed layouts include two bedrooms, a kitchen, and a living area, perfect for families. Both units are currently occupied by reliable tenants on flexible monthly leases, providing immediate rental income. ? Prime Location: Located on the bustling Forest Avenue, this property enjoys high pedestrian traffic and excellent visibility. Ridgewood is known for its eclectic mix of dining, shopping, and recreational options, with easy access to public transportation, making it a highly sought-after area for both businesses and residents. ? Investment Potential: This mixed-use property presents a rare opportunity for investors or owner-occupants looking to benefit from a steady income stream while having the option to operate their business on-site. With potential for lease renewals or adjustments, you can maximize your return on investment.

More Property Details

Room Information

Bedroom: 4   Full Bath: 4  

Property Features

Lot Size: 0.04   Lot Sq Ft: 1958   Garage: 0.0   Parking Facilities: None  

Appliances & Utilities

Heat: Oil, See Remarks   A/C: Window Unit(s)   Water: See Remarks   Sewer: Public Sewer  

Financial

Taxes: $12,791  

Local Area Information

School District#: 11   Block: 3489   Lot: 39  

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