Mixed-Use Property with
5-52 GRANDVIEW AVE, New York, NY 11385
For Sale
Contact for pricing
Two upstairs apartments complement a ground-floor commercial space with a separate rear room and stage.
Property SizeContact for details
Days on Market27
Property Features for 5-52 GRANDVIEW AVE
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Public Transit
Units
Unit Mix
Multifamily Units
Tenancy & Operations
Currently Operating
Tenant in Place
Listing Agency:
Crifasi Real Estate Inc
Listed By:
Sal Joseph Crifasi · License NY #10301205163
(718) 782-4411
Source:
Crexi
Added: Oct 14
Changed: Nov 8
Last Checked: Nov 8 at 5:31PM
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 Crifasi Real Estate Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A ground-level commercial space currently operates as a neighborhood bar, with a main area, a section for pool tables and a separate rear room featuring a stage. A full basement and gas heat are also part of the property. The upper floor contains two apartments: one has an eat-in kitchen, living room, two bedrooms and a full bathroom; the other includes an eat-in kitchen, living room, three bedrooms and one full bathroom. The three-bedroom apartment will be vacant at closing.
The property is in Ridgewood, Queens. The commercial lease runs through March 31, 2031, with a 3% increase each April 1. Under the lease, the commercial tenant covers 77% of property taxes, 61% of water charges and its heat expenses. The residential tenants pay their own heat.
The property is in Ridgewood, Queens. The commercial lease runs through March 31, 2031, with a 3% increase each April 1. Under the lease, the commercial tenant covers 77% of property taxes, 61% of water charges and its heat expenses. The residential tenants pay their own heat.
Key Highlights
- Ground‑floor bar space includes a pool table area and separate room with a stage
- Two second‑floor apartments: one with 2 bedrooms and one with 3 bedrooms
- Three‑bedroom apartment will be vacant at closing
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,275
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
$842,800
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in New York, NY
Properties on Market for Mixed-use properties in New York
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two upstairs apartments complement a ground-floor commercial space with a separate rear room and stage.
Where is this mixed-use property located?
The property is located at 5-52 GRANDVIEW AVE New York, 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 space includes a pool table area and separate room with a stage; Two second‑floor apartments: one with 2 bedrooms and one with 3 bedrooms; Three‑bedroom apartment will be vacant at closing
