CORNER FREE MARKET RIDGEWOOD MIXED-USE BUILDING•2 APARTMENTS•1 COMMERCIAL SPACE •2 GARAGES FOR SALE
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CORNER FREE MARKET RIDGEWOOD MIXED-USE BUILDING•2 APARTMENTS•1 COMMERCIAL SPACE •2 GARAGES FOR SALE

$1,800,000
6817 Forest Avenue, Flushing, NY, USA, 11385
Category
Commercial
Square feet
3,360 sq ft
Listing type
For Sale
Property type
Mixed-Use
City/Town
New York City
Borough/County
Queens
Neighbourhood
Ridgewood
ZIP code
11385

Description

Free market, well-maintained two-family and a store,

mixed-use building in Ridgewood.

● The building is 3,360 square feet and sits on a lot

measuring 25.67’ x 105.67’.

● Two two-bedroom residential units – front and rear units

are easily convertible to three-bedroom apartments.

● 1,680 square feet of retail space.

● Two garages.

● The ground floor commercial space comes with exclusive

backyard access and a commercial cooking gas line.

● Finished basement.

● This is a rare opportunity to generate significant passive

income in prime Ridgewood.

● Actual cap: 5.66% (with projected vacant rent)

● Potential cap: 8.38%


ZACK BRUCE
Evergreen Realty and Investments