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Listed price in listed location currency (USD).
$2,200,000

000

MLS® 985759

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $33,448
Days Active 1
Lot Size 
Approx. Age 1930
MLS® Number 985759

Property Address: 552 Grandview Ave, Ridgewood, NY, 11385-1956

Average square foot calculated using Size range provided by listing agent.

Description

This Mixed-use investment opportunity is located in the heart of Ridgewood. This well-maintained property features a spacious ground-floor commercial unit currently operating as a neighborhood bar, complete with a large main area, pool table section, and a separate rear room with stage—ideal for live music, private events, and gatherings. The commercial rent is $6, 523 per month and increases 3% on each April 1. The lease ends on 3/31/2031. Under that lease, that tenant pays 77% of property taxes, 61% of the water charges and its heat expenses. Above the commercial space on the 2nd floor are two residential apartments providing strong rental income. Apt. 2A features an eat-in kitchen, living room, 2 bedrooms and full bath, currently rented for $2, 400/month with lease expiring 8/31. Apt. 2B Will be Vacant on Title and consists of an Eik, Lr, 3 bedrooms and 1 Full bathroom, market rent is $3, 800 per month. Both tenants pay their own heat, minimizing owner expenses. Also featuring a full basement, & gas heat. Located in the vibrant Ridgewood section of Queens, known for its blend of residential charm and thriving local businesses, this property offers excellent foot traffic and long-term upside. Convenient access to shopping, dining, and public transportation makes this an attractive option for both commercial and residential tenants. Ideal for investors or owner-users seeking a solid income-producing property in a prime and growing neighborhood.
MLS® Number985759
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1930
BasementFull
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 17, 2026List Date
$2,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
552 Grandview Ave, Ridgewood, NY

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