660 Seneca Avenue | 660 Seneca Ave
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660 Seneca Avenue 660 Seneca Ave
3,120 SF 100% Leased Retail Building Ridgewood, NY 11385 $2,101,890 CAD ($674 CAD/SF)
Investment Highlights
- Well located: Seneca Avenue between Linden Street & Gates Avenue in Ridgewood, Queens, on the border of Bushwick, Brooklyn
- Air rights: Total buildable potential is 3,600 SF, presenting future owner with the opportunity to build an additional ~480 SF
- Ridgewood, Queens is one of the best-positioned neighborhoods in NYC, with significant spillover from Bushwick & Williamsburg
- Value-add potential: Though the units are well cared for and in leasable condition, there is definite upside potential with renovations
- Current retail lease is due in December 2024, presenting optionality for future ownership to occupy a portion or entirety of the building
- Proximity to transportation: The Seneca Avenue M-train is one block over, while the Dekalb Ave L-train is a 10-minute walk away
Executive Summary
Cory Rosenthal
License No. 10991237833 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
License No. 10991237833 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,120 SF
Building Class
C
Year Built
1930
Price
$2,101,890 CAD
Price Per SF
$674 CAD
Percent Leased
100%
Building Height
3 Stories
Building FAR
1.75
Land Acres
0.04 AC
Zoning
R6B
Walk Score ®
Walker's Paradise (90)
Transit Score ®
Rider's Paradise (99)
Bike Score ®
Very Bikeable (81)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 03452-0031 | Improvements Assessment | $88,794 CAD |
Land Assessment | $10,435 CAD | Total Assessment | $99,229 CAD |
PROPERTY TAXES
Parcel Number
03452-0031
Land Assessment
$10,435 CAD
Improvements Assessment
$88,794 CAD
Total Assessment
$99,229 CAD
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660 Seneca Avenue | 660 Seneca Ave
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