# 552 Grandview Ave, Ridgewood, NY 11385

> **TL;DR:** 5bd/3ba residential multi family, $2,200,000, built 1930.
> Hardwood, Basement. Est. $9,533/mo. Listed 45 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,200,000 |
| Bedrooms | 5 |
| Bathrooms | 2 full, 1 half |
| Year Built | 1930 |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 45 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $9,533 |
| **Total** | **$9,533** |

## Key Amenities

- Hardwood
- Basement

## Property Highlights

- Built in 1930
- 2 stories

## Description

### Agent Description
This Mixed-use investment opportunity is located in the heart of Ridgewood. This well-maintained property features a spacious ground-floor commercial unit currently operating as a neighborhood bar, complete with a large main area, pool table section, and a separate rear room with stage-ideal for live music, private events, and gatherings. The commercial rent is $6,523 per month and increases 3% on each April 1. The lease ends on 3/31/2031. Under that lease, that tenant pays 77% of property taxes, 61% of the water charges and its heat expenses. Above the commercial space on the 2nd floor are two residential apartments providing strong rental income. Apt. 2A features an eat-in kitchen, living room, 2 bedrooms and full bath, currently rented for $2,400/month with lease expiring 8/31. Apt. 2B Will be Vacant on Title and consists of an Eik, Lr, 3 bedrooms and 1 Full bathroom, market rent is $3,800 per month. Both tenants pay their own heat, minimizing owner expenses. Also featuring a full basement, & gas heat. Located in the vibrant Ridgewood section of Queens, known for its blend of residential charm and thriving local businesses, this property offers excellent foot traffic and long-term upside. Convenient access to shopping, dining, and public transportation makes this an attractive option for both commercial and residential tenants. Ideal for investors or owner-users seeking a solid income-producing property in a prime and growing neighborhood.

## Location

- **Address:** 552 Grandview Ave, Ridgewood, NY 11385
- **County:** Queens
- **Coordinates:** 40.709106, -73.907022
- **Google Maps:** https://www.google.com/maps?q=40.709106,-73.907022

## Listing Agent

- **Name:** Joseph V. Crifasi
- **Brokerage:** CRIFASI REAL ESTATE INC
- **Phone:** 7188215999
- **Email:** joe@crifasi.com

## Primary Photo

![552 Grandview Ave - Primary Photo](http://lh.rdcpix.com/1c4829567cf0437a806015dcc1005f71l-f514749957r.jpg)

*45 total photos available on [listing page](https://www.propertysimple.com/listing/552-grandview-ave-ridgewood-ny-11385-11694223)*

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**MLS#:** 11694223 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/552-grandview-ave-ridgewood-ny-11385-11694223)

---

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