Status: active

507 Grandview Avenue, #4 Family

Ridgewood

$1,599,000 / $533PSF
 |  8 Beds  |  4 Baths  |  3,000SF
monthly tax: $513.00

Description

Welcome to 507 Grandview Avenue in booming Ridgewood Queens.​ Offered here is a 4 unit multi-family property with 4 free market apartments that have been updated and upgraded.​ This property features many restored pre-war details, including original tin ceilings, period woodworking, refinished maple floors, high ceilings, restored plaster medallions, and extensive woodworking and moldings not often found in todays market.​ The hallways and staircase are illuminated by an oversized skylight that showcases the restored charm of yesteryear.​ The property has 25 feet of frontage on Grandview Avenue and sits on a deep 96 foot lot.​ In addition to a full basement, there is also a sizable rear yard. 1,800 sf or air rights add to the value of the property to take advantage of in the future for a remodel or rebuild allowing for several floors of additional space with setbacks. 1,800' or air rights - buildable square feet that allow for several floors of additional space with setbacks.​ FAR 2.0, currently built 1.25 2,400 sf lot Zoned R6B Investment Highlights - ​4 family with all free market rents ​1,800 sf buildable as of right ​R6B zoning ​Prime redevelopment

Property Details

  • Multi Family

Transportation

  • Forest Av
  • Seneca Av
  • Fresh Pond Rd
  • DeKalb Av
  • Myrtle-Wyckoff Avs
  • Jefferson St

The Neighborhood

RIDGEWOOD
Clinton Hill

Although it's a high-density area, Ridgewood is a quiet neighborhood.

Recently, a slew of artists, musicians, and young professionals priced out of Brooklyn’s hipper neighborhoods have moved in. They’re attracted to its affordability and low-key lifestyle. Ridgewood isn’t a scene for nightlife but there is enough retail, restaurants, bars, and other amenities to keep most people happy. If you’re looking to dance until the wee h ... read more

For information on 507 Grandview Avenue, #4 Family contact:

realtor top real estate agent

Jason Larusso

Licensed RE Salesperson

646-373-1666

Licensed RE Salesperson
jason@brickandmortar.com
646-373-1666

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