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Mixed-Use Property with Storefront
New
For Sale
$2,300,000

568 Grandview Ave, Ridgewood, NY 11385

Retail space, three apartments, and four garages combine in a single income-producing property.

Property SizeContact for details
Days on Market1

Property Features for 568 Grandview Ave

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi-Family

Building Details

Year Built 1917
Tenancy Multi
Listing Agency: Jamie Realty Group
Listed By: Xiao Zheng · License #10491212408
Source: Goatrealtyus
Added: Oct 7 Last Checked: Oct 7 at 2:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jamie Realty Group

Investment Insights

Based on property information with market context.

Built in 1917, this Ridgewood mixed-use property combines a storefront with three residential apartments and four garages. The apartments have one, two, and four bedrooms, respectively; each includes one full bathroom, a living and dining area, and a kitchen.

Two garages are occupied and two are vacant. The landlord covers water and heat, while tenants pay the other utilities. The property is located at 568 Grandview Ave in Ridgewood, NY.

Key Highlights

  • Storefront with three apartments and four garages
  • Apartment layouts include one, two, and four bedrooms; each has one full bathroom, living and dining areas, and a kitchen
  • Four garages: two occupied and two vacant

Property Analytics

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Current Use

Celene's Thrift Shop Discount 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

Location Intelligence

Trade Area within ½ mile

4,612
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail space, three apartments, and four garages combine in a single income-producing property.
Where is this mixed-use property located?
The property is located at 568 Grandview Ave Ridgewood, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Storefront with three apartments and four garages; Apartment layouts include one, two, and four bedrooms; each has one full bathroom, living and dining areas, and a kitchen; Four garages: two occupied and two vacant
More about this property
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