1 month on rocket

66-42 Forest Ave, Ridgewood, NY, 11385

$1,499,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths
Multi

Location

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66-42 Forest Ave, New York$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1930
HeatingOil, Other
CoolingWall/Window Unit(s)
MLS #L3590477
StatusActive

About 66-42 Forest Ave

Charming Mixed-Use Property in the Heart of Ridgewood, Queens Discover an exceptional investment opportunity in vibrant Ridgewood, Queens! This well-maintained mixed-use property offers the perfect blend of commercial and residential space, situated in a thriving neighborhood just moments from local amenities and public transportation. Property Highlights: ? Commercial Space: Approximately 2,000 square feet, currently functioning as a medical office. The storefront boasts a welcoming entrance, making it an ideal space for various businesses. The large layout allows for multiple treatment rooms, reception areas, and potential customization to suit your needs. ? Residential Units: Two spacious apartments, each approximately 1,000 square feet. Each apartment features comfortable living spaces, providing an inviting atmosphere for tenants. The well-designed layouts include two bedrooms, a kitchen, and a living area, perfect for families. Both units are currently occupied by reliable tenants on flexible monthly leases, providing immediate rental income. ? Prime Location: Located on the bustling Forest Avenue, this property enjoys high pedestrian traffic and excellent visibility. Ridgewood is known for its eclectic mix of dining, shopping, and recreational options, with easy access to public transportation, making it a highly sought-after area for both businesses and residents. ? Investment Potential: This mixed-use property presents a rare opportunity for investors or owner-occupants looking to benefit from a steady income stream while having the option to operate their business on-site. With potential for lease renewals or adjustments, you can maximize your return on investment.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1930

Listing Office:

  • Office Name: Coldwell Banker Reliable R E
  • Office Email: aviivatorov@gmail.com

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: Near Public Transit

Utilities

Utilities Information:

  • Heating: Oil, Other
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

66-42 Forest Ave vs New York

36 DAYS ON ROCKET

-49 Days

$1,499,000

+$648.8K More

KEY TAKEAWAY

This property is $648.8K more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY2
  • MLS Number: #L3590477

Listing Office:

  • Office Name: Coldwell Banker Reliable R E
  • Office Email: aviivatorov@gmail.com

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/17/2024, 8:11:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4231438
4
/10
  • P.S. 68 Cambridge

  • 5909 Saint Felix Ave

  • 0.15 miles

  • Public District Grades PK-5

school-card-donut-4231439
4
/10
  • P.S. 239 Queens

  • 1715 Weirfield St

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-4231440
5
/10
  • P.S. 88 Seneca School

  • 6085 Catalpa Ave

  • 0.36 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,993. Most New York, NY residents have annual incomes less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›New York›Queens County›New York›11385›66-42 Forest Ave

This home is located at 66-42 Forest Ave in Ridgewood, NY and zip code 11385 in the Ridgewood neighborhood. This home was built in 1930. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $1,499,000.

New York, NY housing market in November 2024 saw over 220 listings sold above listed price, more than 769 sold at listed price and over 758 sold below. In November 2024 in New York, NY there were 7.2% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $850,115, while the average time on the real estate market was 85 days.

From Rocket Homes Real Estate and based on county public records data.

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