Mixed-Use Retail and Residential
For Lease
$2,300,000
568 Grandview Avenue, Ridgewood, NY 11385
Busy-intersection mixed-use building with a ground-floor storefront plus three residential units and four garages.
Space SizeContact for details
Days on Market48
Property Features for 568 Grandview Avenue
General Information
Standard status
Active
Total Parking Spaces
4
Property subtype
Commercial
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$17,363
Building Details
Year Built
1917
Tenancy
Multi
Listing Agency:
Jamie Realty Group
(516) 992-2888
Listed By:
Xiao Zheng (zheng.jamie@gmail.com)
Source:
Iaquintarealestate
Added: Jul 20
Changed: Aug 23
Last Checked: Sep 4 at 7:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jamie Realty Group
Investment Insights
Based on property information with market context.
This mixed-use commercial and residential property offers a ground-floor storefront and three above-floor residential units. The storefront is on a busy intersection and is currently tenant-occupied with a monthly rent of $2,100 on a no-lease arrangement. The first floor residential unit includes 1 bedroom and 1 full bathroom with a living/dining room and kitchen (currently rented for $1,500 per month, lease ends 9/30/26). The second floor features 2 bedrooms and 1 full bathroom with a living/dining room and kitchen (currently rented for $2,400 per month, no lease). The third floor has 4 bedrooms and 1 full bathroom with a living/dining room and kitchen (currently rented for $2,550 per month, lease ends 9/30/26). There are four garages on site, with two currently occupied and two currently empty.
The landlord pays water and heat, while tenants pay all other utilities.
Additional income is generated from the garages, with occupied units receiving $400 and $350 per month.
The landlord pays water and heat, while tenants pay all other utilities.
Additional income is generated from the garages, with occupied units receiving $400 and $350 per month.
Key Highlights
- Mixed‑use property built in 1917 with a ground‑floor storefront plus three residential units and 4 garages
- Storefront tenant pays $2,100/month with no lease in place
- First‑floor unit: 1 bed, 1 bath, living/dining and kitchen; tenant pays $1,500/month; lease ends 9/30/26
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,612
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Busy-intersection mixed-use building with a ground-floor storefront plus three residential units and four garages.
Where is this triplex located?
The property is located at 568 Grandview Avenue Ridgewood, NY.
What is the lease rate?
The lease rate is $2,300,000.
What are key features of this property?
This property features: Mixed‑use property built in 1917 with a ground‑floor storefront plus three residential units and 4 garages; Storefront tenant pays $2,100/month with no lease in place; First‑floor unit: 1 bed, 1 bath, living/dining and kitchen; tenant pays $1,500/month; lease ends 9/30/26
