6817 Forest Ave - Storefront Retail/Residential FOR SALE


Ridgewood, NY 11385
$1,800,000 USD
201-543-7280
6817 Forest Ave, Ridgewood, NY for Sale
$1,800,000 USD
Storefront Retail/Residential - FOR SALE
1/12
null | 5.66% Cap Rate

6817 Forest Ave
Ridgewood, NY 11385


OVERVIEW

Free market well-maintained, two-family and a store, mixed-use building in Ridgewood. The building is 3,360 square feet and sits on a lot measuring 25.67’ x 105.67’. Two two-bedroom residential units. 1,680 square feet of retail space. Two garages. The ground floor commercial space comes with exclusive backyard access and a commercial cooking gas line. This is a rare opportunity to generate significant passive income in prime Ridgewood. Finished basement. Actual cap: 5.66% (with projected vacant rent). Potential cap: 8.38%

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$609 USD /SF

CAP RATE

5.66%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,713 SF

ZONING

R5B

APN/PARCEL ID

03504-0001

ASK ABOUT THIS PROPERTY

Zack BruceEvergreen Realty & InvestmentsMore Info
201-543-7280

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Zack BruceEvergreen Realty & InvestmentsMore Info
201-543-7280

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