975 Seneca Ave - Retail FOR SALE


Ridgewood, NY 11385
$2,250,000 USD
914-584-7422
975 Seneca Ave, Ridgewood, NY for Sale
$2,250,000 USD
Retail - FOR SALE
1/2
null | Request Cap Rate

NEW


975 Seneca Ave
Ridgewood, NY 11385


HIGHLIGHTS

  • Located at the corner of Seneca Avenue and Centre Street in Prime Ridgewood, Queens
  • ±4,800 Gross SF | 5 Residential Units + 1 Retail Space
  • All leases are month-to-month — short-term upside via renewal / renovation / re-lease
  • Residential rents 50% below market allowing for mark-to-market upside
  • Protected tax class 2A, limiting tax increases to no more than 8% per year
  • 10-minute walk from Myrtle-Wyckoff Transit Hub with direct M and L Subway access

OVERVIEW

Cory Rosenthal License # 10311210106, 10991237833 (NY) Matthews Real Estate Investment Services, Inc 575 5th Ave., Ste 2810 New York, NY 10017 (866) 889-0550

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$533 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,002 SF

ZONING

R6B

APN/PARCEL ID

03574-0010

ASK ABOUT THIS PROPERTY

DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

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DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

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