10-Unit Mixed-Use
New
For Lease
$10,000/Mo
614 Woodward Avenue, Ridgewood, NY 11385
The vacant property combines free-market apartments, ground-floor commercial space, and private outdoor parking.
Space SizeContact for details
Lot Size0.10 Acres
Days on Market3
Property Features for 614 Woodward Avenue
General Information
Standard status
Active
Lot size
0.10 Acres
Property subtype
Commercial
Zoning
R6B
Property Condition
Severity
Major Repairs Needed
Evidence
Extensive Gut Renovation
Lease Terms
Total Rate
$10,000
Monthly Rent
$10,000
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1930
Tenancy
Multi
Listing Agency:
BLT Minimax Realty Inc
(718) 755-6515
Listed By:
Amberly Sclar (bltminimax@gmail.com)
(718) 841-9292
Source:
Johnedwardsrealestate
Added: Oct 23
Last Checked: Oct 24 at 4:19PM
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 BLT Minimax Realty Inc
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Investment Insights
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At 614 Woodward Avenue, this mixed-use property has 10 free-market apartments and ground-floor commercial space exceeding 1,000 square feet. The residential mix includes four two-bedroom units, four one-bedroom units, and two one-bedroom flex apartments with partial dividing walls. The building is vacant and undergoing a gut renovation; construction and permit closeouts remain in progress, and the certificate of occupancy is pending. Separate all-electric utilities serve the apartments. The building dates to 1930 and is zoned R6B.
The commercial offering includes a portion of the basement and access to a private outdoor parking area measuring approximately 20 by 50 feet, with capacity for up to six cars. The lot measures approximately 50 by 88 feet, and the building measures approximately 50 by 60 feet. The rooftop’s future use as a resident amenity would be subject to applicable approvals.
The property is approximately a six-minute walk from the Seneca Avenue M station and a 12-minute walk from Myrtle–Wyckoff Avenues, served by the M and L trains.
The commercial offering includes a portion of the basement and access to a private outdoor parking area measuring approximately 20 by 50 feet, with capacity for up to six cars. The lot measures approximately 50 by 88 feet, and the building measures approximately 50 by 60 feet. The rooftop’s future use as a resident amenity would be subject to applicable approvals.
The property is approximately a six-minute walk from the Seneca Avenue M station and a 12-minute walk from Myrtle–Wyckoff Avenues, served by the M and L trains.
Key Highlights
- 10 free‑market apartments: four two‑bedroom units, four one‑bedroom units, and two one‑bedroom flex apartments
- Ground‑floor commercial space exceeds 1,000 square feet; proposed package includes part of the basement
- Private outdoor parking measures approximately 20 by 50 feet and can accommodate up to 6 cars
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
5,228
Businesses Nearby
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Business Placement
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
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Market
Lease Benchmarks for Ridgewood, NY
$26.4 /SF/Yr
Avg Asking Price
$6.92–$41.05 /SF/Yr
Price Range
4,739 SF
Avg Space Size
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The vacant property combines free-market apartments, ground-floor commercial space, and private outdoor parking.
Where is this mixed-use property located?
The property is located at 614 Woodward Avenue Ridgewood, NY.
What is the lease rate?
The lease rate is $10,000/Mo.
What are key features of this property?
This property features: 10 free‑market apartments: four two‑bedroom units, four one‑bedroom units, and two one‑bedroom flex apartments; Ground‑floor commercial space exceeds 1,000 square feet; proposed package includes part of the basement; Private outdoor parking measures approximately 20 by 50 feet and can accommodate up to 6 cars
