5-16 Grandview Avenue

$1,550,000
Price
5
Beds
3
Baths
1
1/2 Bath
3,000 Sq. Ft.
$517 / Sq. Ft.
3,000
Sq. Ft.
$517
per Sq. Ft.

Description

Introducing 516 Grandview Ave, this corner mix use building is located in Red Hot Ridgewood. Built on 25 x 95 lot with a footprint of 25 x 60, yielding 1500 sq ft on each floor with high ceiling windowed basement. Currently being used as income producing laundromat and 3 residential apartments. Property is being sold with the business. Ground floor is occupied with laundromat. One of the 3 apartment is recently renovated and located at the rear of the building, features brand new hardwood floor,...Introducing 516 Grandview Ave, this corner mix use building is located in Red Hot Ridgewood. Built on 25 x 95 lot with a footprint of 25 x 60, yielding 1500 sq ft on each floor with high ceiling windowed basement. Currently being used as income producing laundromat and 3 residential apartments. Property is being sold with the business. Ground floor is occupied with laundromat. One of the 3 apartment is recently renovated and located at the rear of the building, features brand new hardwood floor, brand new kitchens and bathrooms. Remaining 2 apartment are currently located on top floor and currently occupied with the tenant.
This corner building has great potential, could be a great investment for a savvy investors or for somebody to use as a live work space. he property is located only one block from Governor Cleveland Playground, a short walk from L train at Dekalb ave stop. This part of Ridgewood is saturated with tons of eateries, cafes, bars, restaurants and supermarkets.

Listing Agents

  1. Kashif Khan

    Kashif Khan

    Listing Agent

    Compass

  2. Kristen Jock

    Kristen Jock

    Listing Agent

    Compass

Amenities

  • Top Floor
  • Ground Floor
  • Playground
  • Private Entrance
  • High Ceilings
  • Walk Up
  • Basement
  • Full Basement

Location

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LISTING UPDATED: 04/30/2021 10:16 AM

Property Details for 5-16 Grandview Avenue

StatusPermanently Off Market
MLS IDH5124750
Days on Market288
Taxes$789 / month
Maintenance-
Min. Down Pymt20%
Total Rooms9.0
Compass TypeTownhouse
MLS TypeSingle Family
Year Built1917
Lot Size2,375 SF / 25' x 95'
CountyQueens County

Building

5-16 Grandview Ave

4 Units2 StoriesBuilt in 1917

Location

Add your commute

Building Information for 5-16 Grandview Avenue

Stories2Year Built1917Building Size25' x 60'Building Sq. Ft3,000 SFLot Size2,375 SF / 25' x 95'Building AgePre-warBuilding TypeTownhouseSenior Community-

Payment Calculator

$9,248 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$789

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 5-16 Grandview Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5-16 Grandview Avenue

Taxable ValueLand$27,900Additions$292,950Total$320,850
Home Facts
Total Finished SqFt3,000 SqFtLot Size2,374 SqFtYear Built1917ZoningR6BAPN4033820053

Schools near 5-16 Grandview Avenue

This home is within New York City Geographic District #24.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
P.S. 71 Forest
PublicPK to 5

Is 93 Ridgewood
Public6 to 8

Grover Cleveland H.S.
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.