Mixed-Use Building with
For Sale
$2,175,000
552 Grandview Ave, Ridgewood, NY 11385
Residential Income, Ridgewood, NY
Property SizeContact for details
Lot Size0.05 Acres
Days on Market150
Property Features for 552 Grandview Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 2
Interior features
Entrance Foyer
Subdivision
Ridgewood
High school district
NEW YORK CITY GEOGRAPHIC DISTRICT #24
Standard status
Active
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7693
Utilities
Heating system
Natural Gas, Hot Water(Heating)
Water source
Public
Building Details
Year built
1930
Floors in Building
2
Flooring type
Hardwood
Building materials
Wood Siding
Listing Agency:
CRIFASI REAL ESTATE INC
(718) 821-5999
Listed By:
Joseph V. Crifasi · License #30CR1126424
(718) 930-0040
Added: Apr 17
Changed: Sep 12
Last Checked: Sep 13 at 12:06AM
MLS# 11694223
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1930, this mixed-use property combines a ground-floor bar with two second-floor apartments. The commercial area includes a primary gathering room, a pool table section, and a separate rear room with a stage. The upper level includes one two-bedroom apartment with an eat-in kitchen, living room, and full bath, plus a three-bedroom apartment with an eat-in kitchen, living room, and full bath. A full basement provides additional space, and the building has gas-fired hot-water heat, hardwood flooring, wood siding, and public water service.
The commercial lease runs through 3/31/2031 and provides 3% increases each April 1. The commercial tenant is responsible for 77% of property taxes, 61% of water charges, and its heat expenses. Residential occupants pay their own heat. The property is located at 552 Grandview Ave in Ridgewood, Queens, near shopping, dining, and public transportation.
The commercial lease runs through 3/31/2031 and provides 3% increases each April 1. The commercial tenant is responsible for 77% of property taxes, 61% of water charges, and its heat expenses. Residential occupants pay their own heat. The property is located at 552 Grandview Ave in Ridgewood, Queens, near shopping, dining, and public transportation.
Key Highlights
- Ground‑floor bar includes a main gathering area, pool table section, and rear room with stage
- Two second‑floor apartments: one 2‑bedroom and one 3‑bedroom unit
- Commercial lease runs through 3/31/2031 with 3% increases each April 1
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,829
Businesses Nearby
Explore this area
Business Placement
Demographics for 11385, NY
100,883
Population
40,175
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
28,023
Density / Sq Mi
$87,365
Median Household Income
$47,335
Median Earnings
$1,959
Median Rent
$842,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two residential apartments sit above a leased ground-floor commercial space with separate areas for events and live entertainment.
Where is this mixed-use property located?
The property is located at 552 Grandview Ave Ridgewood, NY.
What is the asking price?
The asking price for this property is $2,175,000.
What are key features of this property?
This property features: Ground‑floor bar includes a main gathering area, pool table section, and rear room with stage; Two second‑floor apartments: one 2‑bedroom and one 3‑bedroom unit; Commercial lease runs through 3/31/2031 with 3% increases each April 1
