660 Seneca Ave - Storefront Retail/Residential FOR SALE
Ridgewood, NY 11385 |
$1,500,000 USD
646-868-0045
660 Seneca Ave
Ridgewood, NY 11385
HIGHLIGHTS
- Well located: Seneca Avenue between Linden Street & Gates Avenue in Ridgewood, Queens, on the border of Bushwick, Brooklyn
- Value-add potential: Though the units are well cared for and in leasable condition, there is definite upside potential with renovations
- Air rights: Total buildable potential is 3,600 SF, presenting future owner with the opportunity to build an additional ~480 SF
- Current retail lease is due in December 2024, presenting optionality for future ownership to occupy a portion or entirety of the building
- Ridgewood, Queens is one of the best-positioned neighborhoods in NYC, with significant spillover from Bushwick & Williamsburg
- Proximity to transportation: The Seneca Avenue M-train is one block over, while the Dekalb Ave L-train is a 10-minute walk away
FOR SALE DETAILS
PRICE
$1,500,000 USD
PRICE/SF
$3,409 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
660 Seneca Avenue
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1930
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.04 AC
LAND SF
1,786 SF
ZONING
R6B
APN/PARCEL ID
03452-0031
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646-868-0045
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646-868-0045
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