552 Grandview Ave Ridgewood, NY 11385
Multi-Unit - Ridgewood, NY
- Added:
- Apr 17, 2026
- Days on Market:
- 13
- Last Refresh:
- Apr 29 at 6:06 am
Property Features for 552 Grandview Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
- Parking features
- Garage
- Basement Y/N
- 1
- Standard status
- Active
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7693
Utilities
- Heating system
- Natural Gas
Building Details
- Year built
- 1930
- Year renovated
- 1930
- Floors in Building
- 2
- Flooring type
- Hardwood
- Building materials
- Wood Siding
- Architectural style
- Other
Listing agent Joseph V. Crifasi (718) 821-5999
Listing office CRIFASI REAL ESTATE INC 62-70 FRESH POND RD, RIDGEWOOD, NY (718) 821-5999
Listing date Apr 17, 2026
MLS# 11694223
Listing URL
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.
Overview
Ridgewood Mixed-Use Investment Opportunity
Located in the heart of Ridgewood, this mixed-use property features a ground-floor commercial unit currently operating as a neighborhood bar. The commercial space includes a large main area, a pool table section, and a separate rear room with a stage suitable for live music, private events, and gatherings. The commercial rent is $6,523 per month, with a 3% increase on each April 1, and the lease ends on 3/31/2031. The tenant pays 77% of property taxes, 61% of the water charges, and their heat expenses. Above the commercial space on the 2nd floor are two residential apartments. Apartment 2A features an eat-in kitchen, living room, 2 bedrooms, and a full bath, currently rented for $2,400 per month with the lease expiring on 8/31. Apartment 2B will be vacant on title and consists of an eat-in kitchen, living room, 3 bedrooms, and 1 full bathroom, with a market rent of $3,800 per month. Both tenants pay their own heat. The property also features a full basement and gas heat. Situated in the Ridgewood section of Queens, the property benefits from excellent foot traffic and convenient access to shopping, dining, and public transportation.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Herbal Life
Grocery & Convenience Store
Location Insight
- Map
- Local Demand
- City
- Ridgewood
- County
- Queens
- State
- New York
- Longitude
- -73.907022
- Latitude
- 40.709106
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property in Ridgewood with commercial and residential units.
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 $2,200,000.
What are key features of this property?
This property features: High‑income producing mixed‑use property with a diversified income stream.; Prime commercial tenant: Leased to a neighborhood bar generating $6,523/month with annual rent increases.; Strong residential rental income: One unit rented for $2,400/month, and one vacant with potential $3,800/month.
