Prime Ridgewood location! 297 Saint Nicholas Ave is a 4-story mixed-use investment property featuring approximately 7,260 SF, 7 residential units and 2 commercial units. All residential units are free market, providing diversified residential and commercial income. Approx. 22' x 80' building on a 22' x 91' lot. Established Ridgewood/Bushwick location with convenient access to the L and M subway lines, local amenities, and Manhattan. Asking $3,300,000. Approx. 6.1% cap rate based on current income and expenses. Excellent opportunity for investors seeking a mixed-use property with multiple income streams and long-term potential.
| MLS # | 1051252 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 55 |
| Listing Provided By | E Realty International Corp | Hsin Yuan Yang |
| SQ Feet | 7,260 |
|---|---|
| Story(s) | 4 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard |
| Construction Materials | Brick |
|---|
| Utilities | Electricity Connected, Sewer Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2026 |
|---|---|
| Tax Annual Amount | 30097 |
| State | NY |
|---|---|
| County | Queens |
| City | Ridgewood |
| Zip Code | 11385 |
| Listing VS Median (in 11385) | |
Price: $3,300,000 low | high Med: $1,149,888 sqft: 7,260 low | high Med: 2,400 $ / sqft: $455 low | high Med: $479 On site: 55 low | high Med: 972.5 | |
| State | NY |
|---|---|
| County | Queens |
| City | Ridgewood |
| Zip Code | 11385 |
| Listing VS Median (in 11385) | |
Price: $3,300,000 low | high Med: $1,149,888 sqft: 7,260 low | high Med: 2,400 $ / sqft: $455 low | high Med: $479 On site: 55 low | high Med: 972.5 | |
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