612 Woodward Ave, Flushing, NY 11385

Wonderful opportunity to buy for investment or end-user in a great Ridgewood location at Woodward and Linden St. 25×60ft building on a 25×89 lot. 2 FAR permitted built out at 1.35, so 1,440sf left to build. Add a floor for maximum value-add potential. This would be an EPIC end-user single family conversion, or an end-user multi-family-- live in one unit and collect rent on the other. Similarly, a solid investment property, or even a condo conversion, can turn into 4 residential condos + a commercial condo. Asking is $337 per buildable foot (and can build on top of what's there) Ground floor is a great commercial space with 15 foot ceilings with beautiful details, as it was formerly used as a church. The landlord just installed a new storefront and made cosmetic upgrades. Nice size backyard 25×29. Finished basement with residential level finishes, full height ceilings, above grade windows and doors/stairs on both front and back. Completely usable income generating space. New boiler and water heater. Perfect plumbing and electric with new panels. 2 wonderful apartments upstairs with skylights all around. Can combine into massive owner unit, or use one for owner, rent out other. New bathrooms. Taxes $6,800 per year. Delivered vacant Asking is a ~7 cap