62-42 Forest Avenue Ridgewood, NY $ 2,300,000
62-42 Forest Avenue
$ 2,300,000
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62-42 Forest Avenue

Ridgewood, NY, 11385
$ 2,300,000
Bedrooms-- Baths-- Sq 6,300

Monthly Estimate*

$ 14,161

62-42 Forest Avenue, Ridgewood, NY 11385 - Image 1
62-42 Forest Avenue, Ridgewood, NY 11385 - Image 2
62-42 Forest Avenue, Ridgewood, NY 11385 - Image 3
62-42 Forest Avenue, Ridgewood, NY 11385 - Image 4
62-42 Forest Avenue, Ridgewood, NY 11385 - Image 5

Commercial Property for sale in Ridgewood, NY

for $2,300,000. This 6,300 square foot building was built in 1931 on a lot size of 0.162994.

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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Commercial Active

Price

$ 2,300,000

Property Type

Commercial

Taxes

$ 32,000

Style

Mixed Use

Lot Size

0.162994

Year Built

1931

Town/City

Ridgewood

County/Region

Queens

MLS | Web ID

989082

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling None
Utilities Electricity Available Natural Gas Available Sewer Connected Trash Collection Public Water Connected
Construction Materials Frame
Year Built 1931
Property Subtype Mixed Use
Tax Year 2025
Parcel Number 03367-0040
Business Type Mixed Residential Retail
County Queens
Property Type Commercial Sale
Directions www.google.com/maps
City New York
Number Of Units Total 2
Property Attached Y/N N
Tax Annual Amount 32000
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Tax Lot 40
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Interior
Basement Partial Unfinished
Basement Features Partial Unfinished
Basement (Y/N) Y
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Exterior
Water Source Public
Building Area Total 6300
Waterfront Y/N N
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Internal Only
Street Number 1 62
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* Excluded Features
List By
Marek Sobolewski

Listing Agent

Trademarko Realty Inc

Broker

718-502-5141

Contact

Affordability Calculator

$16,828
Per Month
84%
16%
0%
Monthly Principal & Interest
$14,161
Monthly Property Taxes
$2,667
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2026$2,300,000 Listed Price

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62-42 Forest Avenue, Ridgewood, NY, 11385 is a Commercial Property for sale at $2,300,000 with 6,300 sqft and a lot size of 0.162994. 62-42 Forest Avenue was built in 1931. The property's zip code is 11385 which is in Ridgewood, NY