Kathryn Pullen
SRES PSA
BEDS0
BATHS
MLS#989273
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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.
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
Estimate Your Payment
Estimated Payment
$ 14,967.55 per month $11,630.05 Principal & Interest $2,666.67 Property Tax $670.83 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Trademarko Realty Inc
Agency Contact: 718-502-5141
Shown By
Agent Name: Kathryn Pullen
Agent Phone: Cell: (516) 698-6677
Agency Title: Coldwell Banker American Homes
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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 kathrynpullen.cbamhomes.com today.