66-42 Forest Avenue Ridgewood, NY 11385
Listing by: ONEKEY / Coldwell Banker Reliable R E - Contact:  aviivatorov@gmail.com

  66-42 Forest Avenue Ridgewood, NY 11385

Pending (129 Days)
$1,499,000
4
BED
4
BATH

Description

Charming Mixed-Use Property in the Heart of Ridgewood, Queens Discover an exceptional investment opportunity in vibrant Ridgewood, Queens! This well-maintained mixed-use property offers the perfect blend of commercial and residential space, situated in a thriving neighborhood just moments from local amenities and public transportation. Property Highlights: ? Commercial Space: Approximately 2,000 square feet, currently functioning as a medical office. The storefront boasts a welcoming entrance, making it an ideal space for various businesses. The large layout allows for multiple treatment rooms, reception areas, and potential customization to suit your needs. ? Residential Units: Two spacious apartments, each approximately 1,000 square feet. Each apartment features comfortable living spaces, providing an inviting atmosphere for tenants. The well-designed layouts include two bedrooms, a kitchen, and a living area, perfect for families. Both units are currently occupied by reliable tenants on flexible monthly leases, providing immediate rental income. ? Prime Location: Located on the bustling Forest Avenue, this property enjoys high pedestrian traffic and excellent visibility. Ridgewood is known for its eclectic mix of dining, shopping, and recreational options, with easy access to public transportation, making it a highly sought-after area for both businesses and residents. ? Investment Potential: This mixed-use property presents a rare opportunity for investors or owner-occupants looking to benefit from a steady income stream while having the option to operate their business on-site. With potential for lease renewals or adjustments, you can maximize your return on investment.

MLS #:
L3590477
Taxes
$12,791
Lot Size
1,958 SQFT
Type
Multifamily
Year Built
1930
Style
Other
School District
Queens24
County
Queens County

Listed By

Avi Ivatorov, Coldwell Banker Reliable R E, Contact: aviivatorov@gmail.com
Source
ONEKEY as distributed by MLS Grid
Last checked Apr 22 2025 at 7:07 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Lot Information
  • Near Public Transit
  • Near School
  • Near Shops
Heating and Cooling
  • Oil
  • See Remarks
  • Wall/Window Unit(s)
Basement Information
  • Unfinished
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: Ps 71 Forest
  • Middle School: Is 93 Ridgewood
  • High School: Grover Cleveland High School
Parking
  • None
Additional Information: Coldwell Banker Reliable R E | aviivatorov@gmail.com
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Nov 27, 2024
Price Changed
$1,499,000
-6%
-100,000
Nov 19, 2024
Original Price
$1,599,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: LISTINGS COURTESY OF ONEKEY MLS AS DISTRIBUTED BY MLSGRID. Based on information submitted to the MLS GRID as of 4/22/25 00:07. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.