Mixed-Use Property with
For Sale
$2,175,000
552 Grandview Avenue, Ridgewood, NY 11385
Commercial Sale, Ridgewood, NY
Property SizeContact for details
Lot Size0.05 Acres
Days on Market128
Property Features for 552 Grandview Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R6B
Rooms
Basement
Basement
Full
Standard status
Active
APN
03383-0041
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
33448
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1930
Floors in Building
1
Number of units
3
Building materials
Wood Siding
Listing Agency:
Crifasi Real Estate Inc
(718) 821-5999
Listed By:
Joseph V. Crifasi
(718) 930-0040
Added: Apr 16
Changed: Aug 20
Last Checked: Aug 21 at 2:06PM
MLS# 985759
Copyright © 2026 OneKey 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 mixed-use property combines a ground-floor commercial unit with two residential apartments above. The commercial space is configured with a main area, pool table section, and a separate rear room with a stage. A full basement and gas heat add to the building’s functional layout. The property was built in 1930 and has wood siding, public water, and public sewer.
The commercial lease extends through 3/31/2031 and includes 3% increases each April 1. The tenant is responsible for 77% of property taxes, 61% of water charges, and its heat expenses. The second floor includes a two-bedroom apartment with an eat-in kitchen and a separate three-bedroom apartment. Both residential tenants pay their own heat. Located at 552 Grandview Avenue in Ridgewood, Queens, the property is near shopping, dining, and public transportation. The stated cap rate is 7.49%, and zoning is R6B.
The commercial lease extends through 3/31/2031 and includes 3% increases each April 1. The tenant is responsible for 77% of property taxes, 61% of water charges, and its heat expenses. The second floor includes a two-bedroom apartment with an eat-in kitchen and a separate three-bedroom apartment. Both residential tenants pay their own heat. Located at 552 Grandview Avenue in Ridgewood, Queens, the property is near shopping, dining, and public transportation. The stated cap rate is 7.49%, and zoning is R6B.
Key Highlights
- Ground‑floor commercial unit includes a main area, pool table section, and rear room with stage
- Two second‑floor apartments: one with 2 bedrooms and one with 3 bedrooms
- Commercial lease runs through 3/31/2031 with 3% increases each April 1
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,829
Businesses Nearby
192k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 36%
Groceries 10%
Beauty & Spa 3%
McDonald's
Dining
26,349 visits/mo
0.3 miles
Chase Bank
Shops & Services
17,906 visits/mo
0.4 miles
TD Bank
Shops & Services
15,017 visits/mo
0.5 miles
Dunkin' Donuts
Dining
13,192 visits/mo
0.2 miles
Citgo
Shops & Services
11,444 visits/mo
0.5 miles
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 Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor bar space is paired with two second-floor apartments and a full basement.
Where is this mixed-use property located?
The property is located at 552 Grandview Avenue 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: Ground‑floor commercial unit includes a main area, pool table section, and rear room with stage; Two second‑floor apartments: one with 2 bedrooms and one with 3 bedrooms; Commercial lease runs through 3/31/2031 with 3% increases each April 1
