About 568 Grandview Avenue
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.
Features of 568 Grandview Avenue
| MLS® # | 921216 |
|---|---|
| Price | $2,400,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,500 |
| Acres | 0.04 |
| Year Built | 1917 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 568 Grandview Avenue |
|---|---|
| City | Ridgewood |
| County | Queens |
| State | NY |
| Zip Code | 11385 |
Additional Information
Listing Details
| Office | eXp Realty |
|---|---|
| Office Contact | 888-276-0630 |