| MLS # | 985759 |
| Construction Year | 1930 |
| Taxes (per year) | $33,448 |
| Fuel Type | Gas |
| Basement | Full basement |
| Bus | 3 min: Q39 |
| 4 min: B13, B38 | |
| 5 min: Q54 | |
| 7 min: Q58 | |
| 8 min: B20, Q67, QM24, QM25 | |
| 9 min: Q38 | |
| 10 min: B57 | |
| Subway | 8 min: M |
| LIRR | 2.3 miles: "East New York" |
| 2.5 miles: "Woodside" | |
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This Mixed-use investment opportunity is located in the heart of Ridgewood with a cap rat of 7.49%. 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 consists of an Eik, Lr, 3 bedrooms and 1 Full bathroom, currently rented for 3,000/month. This tenant is on a month-to-month lease. Market rent for this unit 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.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 Crifasi Real Estate Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.







