564-566 Grandview Avenue

Ridgewood

$2,999,000
Price
8
Beds
4
Baths
2
1/2 Baths
6,819 Sq. Ft.
$440 / Sq. Ft.
6,819
Sq. Ft.
$440
per Sq. Ft.
a front view of a building with glass windows
a kitchen with a sink cabinets and refrigerator
a kitchen with a sink and cabinets
a bedroom with a bed and a window
a room with toys and wooden floor
a bedroom with a bed and a window
a bathroom with a sink toilet and shower
a en suite bathroom with a sink and a mirror
a view of a hallway with wooden floor

Description

Investment Opportunity: Two Mixed-Use Buildings on Grandview Ave in Ridgewood, Queens A rare gem awaits in the heart of Ridgewood, Queens, with two side-by-side mixed-use buildings featuring street-level commercial space and residential units above. Located at 564 & 566 Grandview Ave, this property offers 36.6 feet of frontage on one of the neighborhood's most vibrant streets. Key Features: Prime Location: In the midst of significant growth and development, just down the street from Windjammer and...Investment Opportunity: Two Mixed-Use Buildings on Grandview Ave in Ridgewood, Queens A rare gem awaits in the heart of Ridgewood, Queens, with two side-by-side mixed-use buildings featuring street-level commercial space and residential units above. Located at 564 & 566 Grandview Ave, this property offers 36.6 feet of frontage on one of the neighborhood's most vibrant streets. Key Features: Prime Location: In the midst of significant growth and development, just down the street from Windjammer and across from Grimaldi Bakery, with fantastic access to trendy local spots like Katan Cafe, Rolo's, Bushwick Bark, Grover Cleveland Playground and Gottscheer Hall. Commercial Space: A double-wide, approximately 2,500 square foot commercial space, with soaring ceilings and original tin details, and two cellars below. The space supports Light Manufacturing use and is ideal for a creative studio, craft brewery, coffee roaster, or similar ventures. 566 Grandview is built to the back of the 95 foot deep lot, while 564 Grandview is built 55 feet deep and offers a charming garden space that gets abundant natural light from the North. Residential Units: The two buildings offer four spacious, floor-through residential units, each featuring one or two bedrooms plus a home office. The apartments, measuring approximately 850 square feet each, have tremendous upside potential. Potential: Zoned R6B, with a Certificate of Occupancy in place, this building is ideal for developers, end-users, or investors. With low annual taxes ($16,308), the opportunity for future redevelopment or owner-occupied business space is significant. Why Invest Here? Ridgewood, Queens is a rapidly developing area that has attracted a variety of new businesses, with a mix of residential, commercial, and creative spaces sprouting up throughout the neighborhood. This location, with easy access to local parks and hot spots, is poised for continued growth. Whether you're looking to capitalize on the current income stream, expand your real estate portfolio, or create your own unique space, these buildings offer a tremendous range of opportunities. Property Overview: Address: 564 & 566 Grandview Ave, Ridgewood, Queens Total Square Footage: 6,819 sq. ft. Building Dimensions: 36.6 ft of street frontage, 95 foot deep lots. Zoning: R6B, Light Manufacturing and Residential CofO: In place Annual Taxes: $16,308 Current Use: Commercial seamstress business on the first floor; residential units above Don't miss the opportunity to own a piece of this thriving neighborhood! With a mix of historic charm, fantastic ceiling heights, and enormous potential, this property is truly a masterpiece waiting for the right owner to take it to the next level. Contact us today to schedule a viewing and explore the incredible potential of 564 & 566 Grandview Ave.

Property Details for 564-566 Grandview Avenue

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LISTING UPDATED: 12/03/2024 01:31 PM

Property Details for 564-566 Grandview Avenue

StatusActive
MLS IDRPLU-33423246877
Days on Market43
Taxes$1,359 / month
Maintenance-
Min. Down Pymt-
Total Rooms20.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built-
Lot Size3,477 SF / 95' x 36'
CountyQueens County

Building Information for 564-566 Grandview Avenue

Stories1Residences-Year Built-Lot Size3,477 SF / 95' x 36'Building Age-Building Type-

Property Information for 564-566 Grandview Avenue

Summary
Location and General Information
  • Subdivision Name: Ridgewood
  • Stories Total: 1
  • Garage Spaces: 0.0
  • View: No
Taxes and HOA
  • Tax Lot: 0016
  • Tax Block: 01824
  • Flip Tax: $0
  • Building Tax Lot: 0016
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Building Parking Total: 0.0
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Building Area Total: 3477.0
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 95.00x36.60
  • Living Area Units: SquareFeet
Building Information
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: InUnit
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: None
  • New Construction: No
  • Structure Type: MixedUse
  • Property Condition: Good
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Patio And Porch Features: None
Interior Features
  • Entry Level: 1
  • Fireplace: No
  • Floor Number: 1
  • Basement: Yes
  • Cooling: No
  • ElevatorsTotal: 0
  • Number Of Professional Units Total: 0.0
  • Size Dimensions: 95.00x36.60
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
  • Number Of Units Vacant: 0
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Delivered Vacant: No
  • Attendance Type: None
  • Land Lease: No

Property History for 564-566 Grandview Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 564-566 Grandview Avenue

This home is within New York City Geographic District #24.
Rating
School
Type
Grades
Distance
P.S. 71 Forest
Public - PK to 5
Is 93 Ridgewood
Public - 6 to 8
Grover Cleveland H.S.
Public - 9 to 12
ACE Academy for Scholars at the Geraldine Ferraro Campus
Public - PK to 5
Rating
School
Distance
P.S. 71 Forest
PublicPK to 5

Is 93 Ridgewood
Public6 to 8

Grover Cleveland H.S.
Public9 to 12

ACE Academy for Scholars at the Geraldine Ferraro Campus
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 564-566 Grandview Avenue, Ridgewood

564-566 Grandview Avenue is a mixed use property for sale in Ridgewood. This property was listed for sale on October 29, 2024 by Corcoran Group, it's currently listed at $2,999,000. This listing's school district is New York City Geographic District #24. Nearby schools include P.S. 71 Forest, Is 93 Ridgewood and Grover Cleveland H.S.. 564-566 Grandview Avenue is a 8-bed, 5-bath, 6,819 sqft mixed use property.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Group

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.