Check Availability
$1,499,999
Multifamily - For Sale

576 Fairview Avenue

Ridgewood, NY 11385
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
$9,139
Estimated Monthly
$0
HOA / Fees
1.80%
Cap Rate

About This Property

Welcome to a 576 Fairview Ave. a prime mixed-use investment opportunity in Ridgewood, one of the coolest neighborhoods in Queens.  This property features two residential units and a commercial storefront housing a beautiful bright and newly renovated trendy fashion studio and lounge, which feels like a welcome oasis amid city life.  The current set-up is ideal for an investor or business owner looking to establish their business and possibly their home in a thriving neighborhood.  Each residential unit offers two bedrooms and one bathroom. The apartments have a comfortable and stylish living space. This spacious and well-maintained building measures 25' X 87.5' and is situated on a highly accessible corner location with easy transportation access and presents a rare chance for investors to secure steady returns in a thriving and vibrant neighborhood known for its diverse community, excellent dining options, and convenient transportation. The property is situated on a tree-lined street amongst the historic architecture Ridgewood offers, which is a charming and welcoming atmosphere for residents, tenants and businesses alike. Don't miss this opportunity to own a prime mixed-use building in one of Queens' most sought-after neighborhoods.
Unit Size
-
Days on Market
14 days
Land Size
0.05 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,773
HOA Dues
-
Year Built
1910
Listed By
Last updated: 14 days ago (OneKey MLS #ONE3544762)

Price History

Date / Event Date Event Price
Apr 15, 2024 Listed by EXP Realty $1,499,999
Listed by EXP Realty
Jul 2, 2020 Sold to Nearly Seven Llc $1,340,000
Sold to Nearly Seven Llc
Jul 18, 2014 Sold to 576 Fairview Avenue Realty Llc $750,000
Sold to 576 Fairview Avenue Realty Llc

Property Highlights

Parking Available
Air Conditioning
Parking Details
Parking Features: On Street
Interior Details

Bathroom Information

Half Bathrooms: 2
Full Bathrooms: 2

Room 1

Level: Second
Type: 2 - 2 bedroom apartments

Room Information

Rooms: 4

Basement Information

Basement: Full, Unfinished

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
4 Beds
4 Baths
-
$1,300,000 Sep 24, 2022
$1,300,000 Mar 20, 2023
$649/mo
Multifamily
4 Beds
3 Baths
-
$1,180,000 Nov 5, 2019
$1,180,000 Jan 7, 2020
$498/mo
Multifamily
5 Beds
3 Baths
-
$1,190,000 Sep 5, 2022
$1,190,000 Dec 15, 2022
$646/mo
Multifamily
8 Beds
4 Baths
-
$1,200,000 Feb 11, 2022
$1,200,000 Aug 2, 2022
$623/mo
Multifamily
8 Beds
4 Baths
-
$2,150,000 Sep 12, 2021
$2,150,000 Mar 18, 2022
$703/mo
Multifamily
7 Beds
3 Baths
-
$1,325,000 Feb 1, 2022
$1,325,000 Jul 12, 2023
$593/mo
Multifamily
4 Beds
4 Baths
-
$1,400,000 Mar 19, 2024
-
$670/mo
Multifamily
5 Beds
3 Baths
-
$1,349,999 Apr 9, 2024
-
$597/mo
Multifamily
5 Beds
2 Baths
-
$1,600,000 Dec 6, 2023
-
$260/mo
House
4 Beds
2 Baths
-
$1,299,000 Nov 30, 2023
-
$556/mo
Multifamily
7 Beds
6 Baths
-
$1,500,000 Mar 6, 2024
-
$796/mo
Multifamily
18 Beds
6 Baths
-
$1,475,000 Mar 11, 2024
-
$1,469/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191204
12/04/2019
Loft
-
-
$1,350,000
bedrooms
Loft
bathrooms
-
$1,340,000 -0.74%
07/02/2020
Richard Matt Shane
All Island Estates Realty Corp
20181207
12/07/2018
Studio
-
-
$1,688,000
bedrooms
Studio
bathrooms
-
-
-
-
Richard Shane
All Island Estates Realty Corp

Building Info

576 Fairview Avenue 576 Fairview Avenue, Ridgewood, NY 11385
  • 4 Units
  • 1 Unit for Sale
More about this Building
576 Fairview Avenue
Want to find out who owns 576 Fairview Avenue, Ridgewood, NY 11385? Get detailed property transactions here .

About Northwestern Queens


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