$1,599,000
●
Condo -
Off Market
507 Grandview Avenue #4FAMILY
Queens, NY 11385
8 Beds
4 Baths
$1,602,159
RealtyHop Estimate
0.20%
Since Oct 1, 2023
NY-New York
Primary Model
About This Property
Welcome to 507 Grandview Avenue in booming Ridgewood Queens.?
Offered here is a 4 unit multi-family property with 4 free
market apartments that have been updated and upgraded.? This
property features many restored pre-war details, including original
tin ceilings, period woodworking, refinished maple floors, high
ceilings, restored plaster medallions, and extensive woodworking
and moldings not often found in todays market.? The hallways
and staircase are illuminated by an oversized skylight that
showcases the restored charm of yesteryear.? The property has
25 feet of frontage on Grandview Avenue and sits on a deep 96 foot
lot.? In addition to a full basement, there is also a
sizable rear yard. 1,800 sf or air rights add to the value of
the property to take advantage of in the future for a remodel or
rebuild allowing for several floors of additional space with
setbacks.
1,800' or air rights - buildable square feet that allow for several floors of additional space with setbacks.?
FAR 2.0, currently built 1.25
2,400 sf lot
Zoned R6B
Investment Highlights -
?4 family with all free market rents
?1,800 sf buildable as of right
?R6B zoning
?Prime redevelopment
1,800' or air rights - buildable square feet that allow for several floors of additional space with setbacks.?
FAR 2.0, currently built 1.25
2,400 sf lot
Zoned R6B
Investment Highlights -
?4 family with all free market rents
?1,800 sf buildable as of right
?R6B zoning
?Prime redevelopment
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$513
HOA Dues
$1
Year Built
1925
Last updated: 8 months ago (RLS #RSFT-00110000000175)
Property Highlights
Building Info
507 Grandview Avenue
507 Grandview Avenue, Ridgewood, NY 11385
- 4 Units
- 1 Unit for Sale