This remarkable mixed-use property is situated in the vibrant neighborhood of Ridgewood, along the bustling Metropolitan Avenue

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Ridgewood

55-13 Metropolitan Ave, Flushing, NY 11385

This remarkable mixed-use property is situated in the vibrant neighborhood of Ridgewood, along the bustling Metropolitan Avenue. Spanning a building size of 20×55 feet on a generous 20×80 lot, it features a prime commercial space on the ground floor, complemented by two well-maintained residential units above. Fully renovated in recent years, the building showcases modern electric and plumbing systems, ensuring ease of maintenance and efficiency. With three separate gas boilers and water heaters, tenants enjoy the convenience of managing their own utilities. The property is zoned R6B-C2-4, offering a Floor Area Ratio (FAR) of 2, allowing for potential expansion of an additional 992 square feet. This solid investment presents an incredible opportunity for generating rental income in a rapidly appreciating market, all while benefiting from low property taxes. Ideal for investors, owner-occupants, or those looking to make a 1031 exchange, this property is a true gem in the heart of Ridgewood.

Total Units: 1

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Ridgewood

55-13 Metropolitan Ave, Flushing, NY 11385

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