65-06/10/12 60th pl - Retail FOR SALE


Ridgewood, NY 11385
$6,500,000 USD
718-414-9328
65-06/10/12 60th pl, Ridgewood, NY for Sale
$6,500,000 USD
Retail - FOR SALE
1/3
null | Request Cap Rate

65-06/10/12 60th pl
Ridgewood, NY 11385


HIGHLIGHTS

  • 60-06 60th Place, Ridgewood, NY 11386 - Commercial building sold together with Laundry Max laundromat business.
  • 60-10 / 60-12 60th Place, Ridgewood, NY 11385 - Partially constructed mixed-use building with foundation and exterior walls completed.
  • 59-46 Linden Street, Ridgewood, NY 11385 - Vacant land located in a prime residential neighborhood.
  • Three-Property Investment & Development Package

OVERVIEW

Three-Property Investment & Development Package – Ridgewood, Queens Asking Price: $6,500,000 Rare opportunity to acquire a three-property package in the highly desirable Ridgewood, Queens market. This offering includes an income-producing mixed-use property with an operating laundromat, a partially completed mixed-use development, and a vacant buildable lot, providing both immediate cash flow and significant upside potential. *60-06 60th Place, Ridgewood, NY 11386* Commercial building sold together with Laundry Max laundromat business. 42 washers / 44 dryers Approx. 2,700 SF building Lot: 25.17’ x 108.75’ Property taxes: $22,202 Strong neighborhood demand and consistent foot traffic *60-10 / 60-12 60th Place, Ridgewood, NY 11385* Partially constructed mixed-use building with foundation and exterior walls completed. Total building size: 10,972 SF Lot: 50.33’ x 102.17’ First floor commercial: 7,844 SF Second floor residential: 3,128 SF Currently designed as two-family; potential conversion to three-family (3BR / 2BA units) Property taxes: $42,715 *59-46 Linden Street, Ridgewood, NY 11385* Vacant land located in a prime residential neighborhood. Lot size: 25’ x 100’ (2,505 SF) Property taxes: $13,268 Ideal for investors, developers, or owner-operators seeking a combination of cash flow, redevelopment potential, and long-term appreciation in one of Queens’ strongest rental markets.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$475 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Three-Property Development & Income Package

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,241 SF

ZONING

-

APN/PARCEL ID

03497-0050,03497-0054

ASK ABOUT THIS PROPERTY

Raymond WongApple Realty Group CorpMore Info
718-414-9328

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Raymond WongApple Realty Group CorpMore Info
718-414-9328

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.