Log In/Sign Up
Your email has been sent.
975 Seneca Ave 4,800 SF Retail Building Ridgewood, NY 11385 $2,250,000 ($468.75/SF)
Investment Highlights
- Located at the corner of Seneca Avenue and Centre Street in Prime Ridgewood, Queens
- All leases are month-to-month — short-term upside via renewal / renovation / re-lease
- Protected tax class 2A, limiting tax increases to no more than 8% per year
- ±4,800 Gross SF | 5 Residential Units + 1 Retail Space
- Residential rents 50% below market allowing for mark-to-market upside
- 10-minute walk from Myrtle-Wyckoff Transit Hub with direct M and L Subway access
Executive Summary
Cory Rosenthal
License # 10311210106, 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017
(866) 889-0550
License # 10311210106, 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017
(866) 889-0550
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
4,800 SF
Building Class
C
Year Built
1931
Price
$2,250,000
Price Per SF
$468.75
Tenancy
Single
Building Height
3 Stories
Building FAR
2.40
Lot Size
0.05 AC
Zoning
R6B
Amenities
- Bus Line
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03574-0010 | Improvements Assessment | $159,951 |
| Land Assessment | $3,025 | Total Assessment | $162,976 |
Property Taxes
Parcel Number
03574-0010
Land Assessment
$3,025
Improvements Assessment
$159,951
Total Assessment
$162,976
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
975 Seneca Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.