62-42 Forest Avenue, Ridgewood, NY 11385
Local realty services provided by:Better Homes and Gardens Real Estate Green Team
62-42 Forest Avenue,Ridgewood, NY 11385
$2,300,000
- - Beds
- - Baths
- 6,300 sq. ft.
- Multi-family
- Active
Listed by: marek sobolewski
Office: trademarko realty inc
MLS#:989273
Source:OneKey MLS
Price summary
- Price:$2,300,000
- Price per sq. ft.:$365.08
About this home
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 apartment
One 1-bedroom, 1-bath apartment
INVESTMENT 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 transportation
This 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....
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Home facts
- Year built:1931
- Listing ID #:989273
- Added:1 day(s) ago
- Updated:April 24, 2026 at 10:52 AM
Rooms and interior
- Basement:Yes
- Basement Description:Partial, Unfinished
- Living area:6,300 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1931
- Building area:6,300 sq. ft.
- Lot area:0.16 Acres
- Construction Materials:Frame
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,300,000
- Price per sq. ft.:$365.08
- Tax amount:$32,000 (2025)
Parking
- Parking description:On Street
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