552 Grandview Ave, Ridgewood, NY 11385
MULTI_FAMILY - Ridgewood, NY
Property Features for 552 Grandview Ave
General Information
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Building Details
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Investment Insights
Based on property information with market context.
Above the commercial space on the second floor are two residential apartments. Apt. 2A offers an eat-in kitchen, living room, two bedrooms, and a full bath, and is currently rented with a lease expiring 8/31. Apt. 2B will be vacant on title and includes an eat-in kitchen, living room, three bedrooms, and one full bathroom.
The commercial lease ends on 3/31/2031. Under that lease, the tenant pays 77% of property taxes, 61% of water charges, and its heat expenses. Public water is available. Built in 1930, the property sits on a 0.0545-acre lot at 552 Grandview Ave in Ridgewood, Queens.
Key Highlights
- 0.0545‑acre lot with a mixed‑use ground‑floor commercial bar and two upstairs apartments
- Ground‑floor bar layout includes main area, pool table section, and separate rear room with stage
- Commercial lease runs through 3/31/2031; tenant pays 77% of property taxes and 61% of water charges
Property Analytics
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Trade Area within ½ mile
Demographics for 11385, NY
Market
Vacancy Rate% for Multifamily in Northeast region