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$1,567,020
List Price: $1,599,000
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507 Grandview Avenue #4Family
Condo in Ridgewood •  building info
8bd • 4ba
Buy with Yoreevo

$1,567,020

List Price

$1,599,000

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Key Details
Days on market
392
Last price change
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Estimated payment
$8,183
Taxes
$513
Monthly common charges
$1
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

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History
Supermarkets nearby
What it'll cost
Purchase price
$1,599,000
Asking Price: $1,599,000
Term
30 Years
Down Payment
$319,000 (20%)
Min: 20% (319,000)
Rate
6.0 %
Mortgage Amount
$1,279,200
Mortgage Payment
$7,669
Common Charges
Taxes
$513
Estimated Yoreevo rebate
Estimated closing cost
Total monthly cost $8,183
Buy your dream home with us and get an estimated
$31,980 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Brick & Mortar

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