Description

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