Search
Duplex with Ground-Floor Bar and Apartments
For Sale
$2,175,000

552 Grandview Ave, Ridgewood, NY 11385

MULTI_FAMILY - Ridgewood, NY

Property SizeContact for details
Lot Size0.05 Acres
Days on Market137

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 Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 3
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 Hot Water(Heating), Natural Gas
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
Listed By: Joseph V. Crifasi · License #30CR1126424
Added: Apr 17 Changed: Aug 2 Last Checked: Aug 31 at 3:06PM
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.

This duplex-style mixed-use property features a ground-floor commercial unit currently operating as a neighborhood bar, with a large main area, a pool table section, and a separate rear room with a stage. A full basement, hardwood flooring, wood siding, an entrance foyer, and natural gas heating are included.

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

Current Use

Herbal Life Grocery & Convenience Store

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Acupuncture Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,829
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex mixed-use building with a ground-floor bar and two upstairs apartments over a full basement.
Where is this duplex 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: 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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message