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Mixed-Use Property with Ground-Floor Bar
New
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 Market7

Property Features for 552 Grandview Avenue

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Basement Full
Elementary school district Queens 24
Middle school district Queens24
High school district Queens24
Standard status Active
APN 03383-0041
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 34717

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
Listed By: Joseph V. Crifasi · License #30CR1126424
Added: Oct 9 Changed: Oct 14 Last Checked: Oct 15 at 11:06AM
MLS# 1062532

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.

A ground-level commercial space is configured as a bar, with a main room, a pool-table area, and a separate rear room with a stage. Two apartments occupy the second floor: one has two bedrooms, an eat-in kitchen, a living room, and a full bathroom; the other has three bedrooms, an eat-in kitchen, a living room, and a full bathroom. A full basement and natural gas heat are also part of the property.

The building was constructed in 1930 on a 0.0545-acre lot. The commercial lease runs through March 31, 2031, with annual rent increases each April 1. The commercial tenant pays specified portions of property taxes and water charges, as well as its heating expenses. Residential tenants cover their own heat. Shopping, dining, and public transportation are accessible in the surrounding Ridgewood area.

Key Highlights

  • Ground‑floor bar space includes a main room, pool‑table area, and separate rear room with stage
  • Two second‑floor apartments: one two‑bedroom unit and one three‑bedroom unit
  • Full basement and natural gas heating

Property Analytics

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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

2
Residential units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two upper-level apartments complement a commercial space arranged for bar service and events.
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 bar space includes a main room, pool‑table area, and separate rear room with stage; Two second‑floor apartments: one two‑bedroom unit and one three‑bedroom unit; Full basement and natural gas heating
More about this property
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