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62-42 Forest Avenue , Ridgewood, NY 11385

$2,300,000

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New to the Market

MLS#989273

STATUSActive PROPERTY TYPEMulti Unit - Multiple

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Property Description

62-42 Forest Avenue, Ridgewood is an excellent mixed-use investment or owner-user opportunity located at the busy intersection of Forest Avenue and Metropolitan Avenue in Ridgewood, Queens. This property offers approximately 6,300 square feet of total space and benefits from strong foot traffic and convenient access to public transportation.The first floor features two commercial units:A vacant space of over 3,000 square feet, ideal for a wide range of uses such as retail store, supermarket, restaurant, or other commercial ventures.A second unit of approximately 850 square feet, currently occupied by pharmacy.The second floor consists of two residential units, both fully occupied:One 3-bedroom, 1.5-bath apartmentOne 1-bedroom, 1-bath apartmentINVESTMENT HIGHLIGHTS* Prime corner location with high visibility* Strong foot traffic and active retail corridor* Value-add opportunity with large vacant commercial space* Ideal for investor or owner-user* Stable residential income* Convenient access to public transportationThis property presents strong income potential with a mix of stable residential tenants and commercial upside through the large vacant retail space. Its prime corner location and high visibility make it attractive for both investors and owner-users seeking long-term growth and value.

62-42 Forest Avenue | MLS# 989273

This multi-family property located at 62-42 Forest Avenue , Ridgewood, NY 11385 is currently listed for sale with an asking price of $2,300,000. Search Ridgewood real estate on www.laffey.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Partial, Unfinished

Basement: Yes

Cooling: None

Heating: Natural Gas, Other

Lot Size: 0.16 Acres

Taxes: $32,000

Year Built: 1931

Amenities

Other

Feature Descriptions

Building Area Total: 6300

Exterior: Frame

On Market Date: 2026-04-22

Parcel Number: 03367-0040

Parking Features: On Street

Rental Term: Monthly

Sewer: Public Sewer

Units: 2

Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Trash Collection Public, Water Connected

Water: Public

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Greenvale, NY 11548

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62-42 Forest Avenue , Ridgewood, NY 11385

Property Description

62-42 Forest Avenue | MLS# 989273

Property Features

Amenities

Feature Descriptions

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62-42 Forest Avenue , Ridgewood, NY 11385

62-42 Forest Avenue , Ridgewood, NY 11385

Property Description

62-42 Forest Avenue | MLS# 989273

Property Features

Amenities

Feature Descriptions

TOUR THIS HOME

Estimate Your Payment

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62-42 Forest Avenue , Ridgewood, NY 11385

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