Price Reduced 6.25%


Price History

$1,599,000
11/11/2024

$1,499,000
11/27/2024


66-42 Forest Avenue, New York, (Ridgewood), NY, 11385

66-42 Forest Avenue, New York, (Ridgewood), NY, 11385

8 rooms

4 beds

4 Full baths

1930

Other

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.


Status:

Active

Town:

New York

Type:

Single-family residential

Units:

2

Heating:

Oil, See Remarks

Cooling:

Wall/Window Unit(s)

Basement:

Unfinished

Est. Taxes:

$12,791

Construction

Other

Lot Description:

Near Public Transit, Near School, Near Shops

Amenities:

Park

Elementary School:

Ps 71 Forest

Middle School:

Is 93 Ridgewood

High School:

Grover Cleveland High School

School District:

Queens24

Days on Market:

38

MLS #:

3590477


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Coldwell Banker Reliable R E aviivatorov@gmail.com