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NewLuxury

$2,199,777

2 days on market

568 Grandview Avenue

Ridgewood, NY 11385

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1917

Built

Listing narrative

Description

PRIME RIDGEWOOD MIXED-USE INVESTMENT OPPORTUNITY 568 Grandview Avenue, Ridgewood, NY 11385 3 Residential Apartments | 1 Commercial Storefront | 4-Car Garage | 4,508 Sq. Ft. LOCATION. INCOME. POTENTIAL. An exceptional opportunity to acquire a substantial brick mixed-use property in the heart of vibrant Ridgewood, Queens! Situated along a bustling neighborhood corridor, this versatile property offers an attractive combination of residential and commercial income potential, generous space, and outstanding accessibility. Featuring three residential apartments and one commercial storefront, the building offers a functional layout designed for flexibility and independent access. The first floor features a street-facing retail storefront and a rear one-bedroom apartment with a living room, kitchen, and full bathroom. The second floor offers a spacious two-bedroom apartment with a living room, kitchen, and full bathroom. The third floor features an expansive four-bedroom apartment with a living room, kitchen, and full bathroom. Additional highlights include a four-car attached garage with independent access, a full basement extending approximately 95 feet in depth, gas heating and hot water, and separately metered gas and electric service for each unit. Boasting approximately 4,508 square feet of building area, this solid brick property is ideally positioned near neighborhood shops, restaurants, entertainment, laundromats, houses of worship, and everyday conveniences. Excellent access to buses, subway transportation, major highways, and area airports provides connectivity throughout Queens, Brooklyn, Manhattan, and beyond. Enjoy the added appeal of city views and the convenience of urban living. A RARE OPPORTUNITY IN A HIGHLY DESIRABLE LOCATION! Whether you're an investor seeking a multi-income asset or an owner-user looking to establish a business while benefiting from residential rental income, 568 Grandview Avenue presents a compelling opportunity to secure a versatile property in one of Queens' established neighborhoods. Prime Location. Multiple Income Streams. Exceptional Potential. Alternative MLS # 1071369

Listing agent (MLS): Chatter Singh · Listing brokerage (MLS): Keller Williams Realty Liberty

Property Details

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Price

$2,199,777

Beds

Beds n/a

Type

Commercial

MLS subtype

Mixed Use

Home Size

Sqft n/a

Baths

Baths n/a

Year

1917

Status

New

Days on Market

2

· 8% down, 7% APR, 30yr fixed
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Courtesy of Keller Williams Realty Liberty