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568 Grandview Avenue

Ridgewood, NY 11385
  • $2,400,000
  • STATUS: Active
  • ON SITE: 69 Days
  • MLS #: 921216
UPDATED: 36 min ago
$2,400,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1917
County:
Area:

School Information

Elementary School:
Middle School:
School District:

Description

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 income Investment 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.

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-15T14:17:37.2.
www.selectyournexthome.com/homes/168586141
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568 Grandview Avenue Ridgewood, NY 11385

  • Price: $2,400,000
  • Status: Active
  • On Site: 69 Days
  • Updated: 36 min ago
  • MLS #: 921216
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1917
Built
Neighborhood:
New York
County:
Queens
Area:
New York
Elementary School:
Ps 71 Forest
Middle School:
Is 93 Ridgewood
High School:
Grover Cleveland High School
School District:
Queens24
Property Description
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 income Investment 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.
Exterior Features

Construction Materials Frame Cross Street Menahan St. Parking Features Garage Property Attached YN Yes Waterfront YN No

Interior Features

Basement Details Partially FinishedStorage Space Basement YN Yes Cooling Wall/Window Unit(s)

Property Features

Additional Fees YN No Building Area Total 4500 Heating Hot Water Lot Size Area 1734 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 17537 Tax Section 18-01-11 Tax Source Municipality Tenant Pays Electricity Utilities Cable ConnectedElectricity AvailableWater Connected Water Source Public Zoning R6B

Listing courtesy of Benjamin Turk of eXp Realty: 888-276-0630
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-15T14:17:37.2.
 
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