519 Fairview ave - 519 Fairview Avenue
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519 Fairview ave - 519 Fairview Avenue
2,000 SF Specialty Building Offered at $1,250,000 in Ridgewood, NY 11385
Executive Summary
Prime Ridgewood location—one of the most sought-after and fast-growing neighborhoods in New York
Lot size: 25' by 95' (approx 2,375 square feet)
Building dimensions: 25' by 95'
Approximately 2,000 square feet
10 garages
Maximum buildable floor area: 4,750 square feet
2,755 square feet of unused air rights on existing garage building
Potential to build up to 7 units with parking
Condos in the area sell for around $1,100 per square foot, with a potential gross income of $5,225,000 (contact us for comparable sales)
Area rentals average $62 per square foot annually, offering a projected gross income of $300,000 per year
Lot size: 25' by 95' (approx 2,375 square feet)
Building dimensions: 25' by 95'
Approximately 2,000 square feet
10 garages
Maximum buildable floor area: 4,750 square feet
2,755 square feet of unused air rights on existing garage building
Potential to build up to 7 units with parking
Condos in the area sell for around $1,100 per square foot, with a potential gross income of $5,225,000 (contact us for comparable sales)
Area rentals average $62 per square foot annually, offering a projected gross income of $300,000 per year
Property Facts
| Price | $1,250,000 | Lot Size | 0.34 AC |
| Price Per SF | $625 | Building Size | 2,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1920 |
| Property Subtype | Parking Garage |
| Price | $1,250,000 |
| Price Per SF | $625 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Parking Garage |
| Lot Size | 0.34 AC |
| Building Size | 2,000 SF |
| No. Stories | 1 |
| Year Built | 1920 |
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Walk Score ®
Very Walkable (86)
Transit Score ®
Rider's Paradise (92)
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 03382-0001 | Improvements Assessment | $73,350 |
| Land Assessment | $30,150 | Total Assessment | $103,500 |
PROPERTY TAXES
Parcel Number
03382-0001
Land Assessment
$30,150
Improvements Assessment
$73,350
Total Assessment
$103,500
zoning
| Zoning Code | R6B |
| R6B |
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519 Fairview ave - 519 Fairview Avenue
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