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Exclusive listing
CORNER FREE MARKET RIDGEWOOD MIXED-USE BUILDING•2 APARTMENTS•1 COMMERCIAL SPACE •2 GARAGES FOR SALE
$1,800,000
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%