Why Ridgewood?
Ridgewood Commercial Real Estate: Finding Hidden Gems in a Booming Queens Neighborhood
At Invictus Property Advisors, we specialize in providing expert guidance to clients navigating the dynamic commercial real estate market in Ridgewood, Queens. Our team of experienced investment sales agents has a deep understanding of the unique characteristics of this submarket, including its diverse housing stock, growing economy, and convenient transportation options.
Ridgewood is known for its diverse housing stock, which includes a mix of single-family homes, multi-family homes, and apartment buildings. This has made the neighborhood a desirable location for residents, as well as commercial real estate investors seeking properties with high potential for appreciation. Our team can help you navigate this diverse market to find the right property for your investment goals.
In addition to its diverse housing stock, Ridgewood is also home to a growing economy, with many major companies and industries calling the neighborhood home. This has created numerous opportunities for commercial real estate investors to acquire properties with high potential for appreciation. Our team can help you identify and capitalize on these opportunities.
Ridgewood is also conveniently located near major transportation options, including several subway lines and bus routes. This makes it easy for residents, workers, and investors to travel to and from Ridgewood. Our investment sales agents can help you identify properties that are well-connected to these key transportation options, maximizing the potential of your investment.
At Invictus Property Advisors, we are committed to providing exceptional service to our clients. We understand that every client is unique, and we work closely with you to identify opportunities that align with your investment objectives. Our team is dedicated to providing you with personalized attention, expert guidance, and tailored solutions that help you achieve your commercial real estate goals in Ridgewood and the surrounding areas.
Contact us today to learn more about our services and how we can help you navigate the dynamic Ridgewood commercial real estate market with confidence.
The Real Estate Developments Defining Ridgewood, Queens
Ridgewood, Queens is experiencing a surge in new development projects that are set to transform the neighborhood's landscape. Various new development projects are set to bring exciting changes to Ridgewood, offering new housing options, commercial opportunities, and community spaces for residents and visitors alike. Here are some of the major development projects taking place in the area:
The Former Ridgewood Theater: This theater is being converted into a mixed-use development with 50 residential units, 14,000 square feet of retail space, and a 4,000 square-foot community facility. The building will retain its historic façade, and the residential units will include studios and two-bedroom apartments.
16-02 Stephen Street: This new 200-unit apartment complex is being developed by Camber Property Group and is expected to include a mix of affordable and market-rate housing. The development will be spread across two buildings and feature amenities such as a rooftop terrace, fitness center, and bike storage.
The "Mall of Ridgewood:” This project will be a 72,000 square-foot retail development with over 50 stores and restaurants. The development will also feature a 10,000 square-foot public plaza with seating, greenery, and public art. The mall is expected to be completed in 2023.
The Former Gottscheer Hall: This venue is being renovated into a multi-use facility, which will include a restaurant, event space, and a rooftop bar. The renovation will preserve many of the hall's historic features, including its distinctive façade and grand ballroom. The rooftop bar will offer views of the Manhattan skyline.
The Ridgewood YMCA: The renovation and expansion of the Ridgewood YMCA will include a new 50,000 square-foot building with a new indoor pool, expanded gym facilities, and community gathering spaces. The new building will be constructed on a portion of the YMCA's existing parking lot and is expected to be completed by 2024.
At Invictus Property Advisors, we stay on top of the latest development trends and opportunities in Ridgewood and are well-positioned to help clients take advantage of these transformative projects. Whether you're looking to invest in a new development or acquire existing commercial property in the area, our team has the knowledge and expertise to guide you through every step of the process.