66-42 Forest Avenue

Ridgewood, NY 11385
$1,599,000
4 beds | 4 baths | 0.04 acres | #3590477
For Sale

Description

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.
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  • Interior Details
    • Heating & Cooling
      • Cooling:Window Unit(s)
      • Heating:Oil, See Remarks
    • Beds & Baths
      • Bedrooms:4
      • Bathrooms:4
      • Full Baths:4
  • Property Details
    • Property
      • Lot description:Near Public Transit
    • Measurements
      • Acres:0.04
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Basement:1
    • Condition
      • Year built:1930
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:See Remarks
  • Community and Neighborhood Details
    • Community
      • Community features:Park, Near Public Transportation
    • Location
      • School district:Queens 24
      • Elementary School:Ps 71 Forest
      • Middle School:Is 93 Ridgewood
      • High School:Grover Cleveland High School
      • County:Queens
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 599, 000
      • Taxes annual:$12, 791
  • Other
    • Source
      • MLS #:3590477

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Last Updated: . Source: ONEKEY

Listing Courtesy
Listing Agent: Avi Ivatorov
Listing Office: Coldwell Banker Reliable R E

Keller Williams LandmarkAsk Vinny Thompson team
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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    IDX information is provided exclusively for 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 not guaranteed.