568 Grandview Avenue Ridgewood, NY 11385
Single Family Attached
MLS #: 921216
Courtesy Of eXp Realty
Property InformationDescription
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.
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.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 4
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Frame
- Heating System: Hot Water (Heating)
- MLSID: 921216
- Rooms: Basement
MAP & DIRECTIONS
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