516 Grandview Avenue

Ridgewood   |   Greene Avenue & Bleecker Street

Price Drop
Building for sale
$ 1,550,000 [ 3.12% | $ 50,000 ]
Ownership Mixed Use
Floors/Apts 2/3
Status Active
Real Estate Taxes [Per Annum] $ 9,468
Building Type Low-Rise
Year Built 1917
ASF/ASM 3,000/279
Listing ID: 77878TH

Property Description

Introducing 516 Grandview Ave, this corner mix use building is located in Red Hot Ridgewood. Built on 25 x 95 lot with a footprint of 25 x 60, yielding 1500 sq ft on each floor with high ceiling windowed basement. Currently being used as income producing laundromat and 3 residential apartments. Property is being sold with the business. Ground floor is occupied with laundromat. One of the 3 apartment is recently renovated and located at the rear of the building, features brand new hardwood floor, brand new kitchens and bathrooms. Remaining 2 apartment are currently located on top floor and currently occupied with the tenant. This corner building has great potential, could be a great investment for a savvy investors or for somebody to use as a live work space. he property is located only one block from Governor Cleveland Playground, a short walk from L train at Dekalb ave stop. This part of Ridgewood is saturated with tons of eateries, cafes, bars, restaurants and supermarkets.
Introducing 516 Grandview Ave, this corner mix use building is located in Red Hot Ridgewood. Built on 25 x 95 lot with a footprint of 25 x 60, yielding 1500 sq ft on each floor with high ceiling windowed basement. Currently being used as income producing laundromat and 3 residential apartments. Property is being sold with the business. Ground floor is occupied with laundromat. One of the 3 apartment is recently renovated and located at the rear of the building, features brand new hardwood floor, brand new kitchens and bathrooms. Remaining 2 apartment are currently located on top floor and currently occupied with the tenant. This corner building has great potential, could be a great investment for a savvy investors or for somebody to use as a live work space. he property is located only one block from Governor Cleveland Playground, a short walk from L train at Dekalb ave stop. This part of Ridgewood is saturated with tons of eateries, cafes, bars, restaurants and supermarkets.

Listing Courtesy of Compass

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Apartment Features

A/C
516 Grandview Avenue Ridgewood Queens NY 11385

Building Details [516 Grandview Avenue]

Ownership Mixed Use
Service Level Voice Intercom
Access Walk-up
Block/Lot 3382/53
Building Type Low-Rise
Year Built 1917
Floors/Apts 2/3

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


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