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Storefront For Sale • 4,125 SF
| Well located: Seneca Avenue between Grove & Menahan Streets in Ridgewood, Queens, on the border of Bushwick, Brooklyn |
| Value-add potential: Though the units are well cared for and in leasable condition, there is definite upside potential with renovations |
| Rent roll upside: Market rents are 20-25% higher than the current rent roll |
| Neighborhood upside: Ridgewood, Queens is one of the best-positioned neighborhoods in NYC, with significant spillover from Bushwick & Williamsburg |
| Proximity to transportation: The Seneca Avenue M-train is three blocks over, while the Dekalb Ave L-train is a 10-minute walk away |
| Protected tax class: The property is designated tax class 2A |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) | 7 min | - | 3.0 mi |
| Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) | 11 min | - | 3.7 mi |
| Transit/Subway | Drive | Walk | Distance |
| Seneca Avenue (M - New York MTA Subway (The Subway)) | 0 min | 3 min | 0.2 mi |
| Myrtle-Wyckoff Avenues (L - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) | 1 min | 8 min | 0.4 mi |
| Forest Avenue (M - New York MTA Subway (The Subway)) | 2 min | 10 min | 0.6 mi |
| Dekalb Avenue (L Line) (L - New York MTA Subway (The Subway)) | 2 min | 11 min | 0.6 mi |
| Knickerbocker Avenue (M Line) (M - New York MTA Subway (The Subway)) | 2 min | 12 min | 0.7 mi |
| Airport | Drive | Walk | Distance |
| Laguardia | 15 min | - | 6.6 mi |
| John F Kennedy International | 18 min | - | 10.8 mi |
| Newark Liberty International | 33 min | - | 17.4 mi |
Bryan Kirk
Matthews Real Estate Investment Services
Bryan Kirk
Matthews Real Estate Investment Services
