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66-42 Forest Avenue Ridgewood, NY 11385
$1,599,000
  • For Sale
  • NEW
  • 4 Bedrooms
  • 4 Full Baths
  • Year Built 1930
  • Multi Family
  • ML# 3590477

Property Details

Overview

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.

Key Facts

  • Style: Other
  • Lot Size: 0.04
  • Lot Sq Ft: 1958
  • Taxes: $12,791
  • School District#: 11
  • Block: 3489
  • Lot: 39

Additional Features

  • Construction Materials: Other
  • Garage: 0.0
  • Parking Facilities: None

Rooms & Floor Plans

  • Bedroom: 4
  • Full Bath: 4

Interior & Utilities

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

Financial

  • Taxes: $12,791
Listing Information provided courtesy of Coldwell Banker Reliable R E  aviivatorov@gmail.com
OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS
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Jeanne Posillico Leonard

Jeanne Posillico Leonard

Licensed Associate Broker

Direct: 631.692.9298 Email: