About
this home
this home
Public Sewer
Public Water Source
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
This Mixed-use investment opportunity is located in the heart of Ridgewood with a cap rat of 7.49%. This well-maintained property features a spacious ground-floor commercial unit currently operating as a neighborhood bar, complete with a large main area, pool table section, and a separate rear room with stage—ideal for live music, private events, and gatherings. The commercial rent is $6,523 per month and increases 3% on each April 1. The lease ends on 3/31/2031. Under that lease, that tenant pays 77% of property taxes, 61% of the water charges and its heat expenses. Above the commercial space on the 2nd floor are two residential apartments providing strong rental income. Apt. 2A features an eat-in kitchen, living room, 2 bedrooms and full bath, currently rented for $2,400/month with lease expiring 8/31. Apt. 2B consists of an Eik, Lr, 3 bedrooms and 1 Full bathroom, currently rented for 3,000/month. This tenant is on a month-to-month lease. Market rent for this unit is $3,800 per month. Both tenants pay their own heat, minimizing owner expenses. Also featuring a full basement, & gas heat. Located in the vibrant Ridgewood section of Queens, known for its blend of residential charm and thriving local businesses, this property offers excellent foot traffic and long-term upside. Convenient access to shopping, dining, and public transportation makes this an attractive option for both commercial and residential tenants. Ideal for investors or owner-users seeking a solid income-producing property in a prime and growing neighborhood.
Other
Details
Details
Property Type
Mixed Use, Commercial
Square Footage
0
Year Built
1930
Floor Number
--
Parking
No
Terrace
No
Listing Courtesy of
Crifasi Real Estate Inc
MLS ID
KEY424399544
Source


The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate by this brokerage or OneKey MLS.