Introducing a great investment mix-use property in the heart of Ridgewood. Conveniently located on a very busy with a heavy foot traffic Metropolitan Avenue, this location is an ideal opportunity. The building consists of a commercial space on the first floor and a 3 bedroom apartment on the second. Total square footage is 2500. Big private yard in the back of the building. Commercial space has a full basement with front and back entrances. Building can be extended in the back to a total of 5600 sq. ft.
Sold for $1,080,000
$1,080,000
5631 Metropolitan Ave, Flushing, NY 11385
3beds
2,500sqft
Apartment
Built in 1920
-- sqft lot
$-- Zestimate®
$432/sqft
$3,344 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,344/mo
Zestimate® history
Owner options
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$3,344/mo
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$3,344/mo
Rent Zestimate®
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$6,762/mo
Est. payment
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$6,762/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,500 sqft
Property
Lot
- Size: 2,842 Square Feet
Details
- Parcel number: 026460006
Construction
Type & style
- Home type: Apartment
Condition
- Year built: 1920
Community & HOA
Location
- Region: Flushing
Financial & listing details
- Price per square foot: $432/sqft
- Tax assessed value: $971,000
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2024 | Sold | $1,080,000-6%$432/sqft |
Source: Public Record Report a problem | ||
| 11/10/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 9/11/2023 | Listed for sale | $1,149,000$460/sqft |
Source: StreetEasy Report a problem | ||
| 5/1/2023 | Listing removed | -- |
Source: | ||
| 11/5/2022 | Listed for sale | $1,149,000-4.3%$460/sqft |
Source: | ||
| 5/11/2022 | Listing removed | -- |
Source: | ||
| 2/24/2022 | Price change | $1,200,000-5.4%$480/sqft |
Source: | ||
| 12/9/2021 | Listed for sale | $1,269,000+130.7%$508/sqft |
Source: | ||
| 10/21/2005 | Sold | $550,000+67.9%$220/sqft |
Source: Public Record Report a problem | ||
| 2/9/2004 | Sold | $327,500$131/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $58,260 +11% |
| 2024 | -- | $52,500 -3.8% |
| 2023 | -- | $54,600 +22.1% |
| 2022 | -- | $44,700 +5.5% |
| 2021 | -- | $42,360 -17% |
| 2020 | $5,932 | $51,060 -5% |
| 2019 | $5,932 +2.5% | $53,760 +94.2% |
| 2018 | $5,790 +8.6% | $27,678 +5.8% |
| 2017 | $5,331 +10.3% | $26,152 +5.8% |
| 2016 | $4,833 | $24,714 +5.8% |
| 2015 | $4,833 +62.4% | $23,356 |
| 2014 | $2,976 | $23,356 |
Find assessor info on the county website
Neighborhood: Maspeth
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Nearby schools
GreatSchools rating
- 8/10ACE Academy for Scholars at the Geraldine Ferraro CampusGrades: PK-5Distance: 0.1 mi
- 3/10Is 93 RidgewoodGrades: 6-8Distance: 0.5 mi
- 2/10Grover Cleveland H.S.Grades: 9-12Distance: 0.2 mi