QNE_p070

QC08112016

REAL ESTATE A former Ridgewood restaurant is now on sale for nearly $1.3 million BY ANTHONY GIUDICE agiudice@qns.com/@A_GiudiceReport A mixed-use building has hit the market in Ridgewood, going for $1.299 million, Greiner Maltz Investment Properties said. The property at 983 Wyckoff Ave. is currently used as a deli/restaurant, with a three-bedroom apartment on the second fl oor, which will be delivered vacant, according to Greiner Maltz. The commercial space is approximately 700 square feet, with approximately 1,800 square feet of outdoor space. The building sits on approximately a 25-foot by 100-foot lot, and the entire building is around 1,276 square feet. It is located in an M1-4D zone, and is estimated to be capable of bringing in $75,600 in yearly revenue — charging $3,800 per month rent for the restaurant and $2,500 monthly rent for the three-bedroom, one-bathroom apartment — Greiner Maltz said. According to Greiner Maltz, after the estimated expenses of real estate taxes ($3,374), insurance ($1,100), water/ sewer ($600) and heating oil ($3,400), the yearly expenses total approximately $8,474, leaving the owner with a net operating income of about $67,126 per year. The property is located across the street from the Halsey Street L train station and is near the B26 and Q39 buses. For more information about this property, visit http:// www.greinermaltz.com/. Photo via Google Maps The former restaurant at 983 Wyckoff Ave. in Ridgewood is on the market for $1.299 million. Sales in Queens HOMES – CO-OPS – CONDOS Listings and photos courtesy MLSLI NORTHWEST NORTHEAST SOUTHWEST SOUTHEAST WOODSIDE BAYSIDE GLENDALE PICTURED LISTING QUEENS VILLAGE Under $500,000 33-04 91st St., Jackson Heights $349,000 Co-op 3 bedrooms, 1 bathroom William Kokoris Realty Executives Today $500,000-900,000 26-20 21st St., Astoria $599,000 Condo 1 bedroom, 1 bathroom Brian Zhang Sany Realty Group Over $900,000 47-19 59th Pl., Woodside $995,000 1-family home 3 bedrooms, 2 bathrooms Moinul Islam Mega Homes Realty Under $500,000 57-16 244th St., Douglaston $325,000 Co-op 2 bedrooms, 1 bathroom Lisa Lavelle Laffey Fine Homes $500,000-900,000 163-37 19th Ave., Whitestone $719,000 1-family home 4 bedrooms, 2 bathrooms Karen Finneran Coach Real Estate Assoc Inc. Over $900,000 45-16 Bowne St., Flushing $1,190,000 2-family home 4 bedrooms, 2 ½ bathrooms Steven Leong Best Group Realty Inc. Under $500,000 153-20 83rd St., Howard Beach $449,000 Condo 3 bedrooms, 2 bathrooms Rosemarie Modica Exit Realty Central $500,000-900,000 63-25 70th St., Middle Village $759,000 1-family home 3 bedrooms, 1 ½ bathrooms Jaroslaw Kaszuba Exit All Seasons Realty Over $900,000 88-51 Doran Ave., Glendale $1,059,000 2-family home 6 bedrooms, 2 full baths, 1 half-bath John Lombardi Crifasi Real Estate Under $500,000 104-41 165th St., Jamaica $350,000 1-family home 3 bedrooms, 1 bathroom Bencion Isacharov Astor Brokerage Ltd $500,000-900,000 93-43 220th St., Queens Village $789,000 2-family home 4 bedrooms, 2 bathrooms Teodora Gomez ERA/Top Service Realty Inc. Over $900,000 84-28 Midland Pkwy., Jamaica Estates $1,300,000 1-family home 5 bedrooms, 2 bathrooms Kathleen Sciano Surrey Place Realty Inc.


QC08112016
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