Nearby rentals
Property management
The property offers a fully equipped kitchen and comes with furnishings included, making it convenient for immediate occupancy. Great for those seeking a move-in-ready space, it features modern amenities that blend comfort and functionality. Notable nearby attractions and facilities enhance its appeal, making it a desirable option in Ridgewood.
Things you’ll love
Great for
Building
| Business Center |
Grounds
| Storage |
Other
| Two Rooms |
One-time.
One-time. Refundable.
Property Status: Active Key Money Sale: $110,000 Turnkey opportunity to acquire a fully operational cafe restaurant in the heart of Ridgewood. Located on a high foot-traffic block, this well-established cafe is currently known for its hearty sandwiches, breakfast offerings, soups, and cafe/bar snacks, serving a loyal neighborhood clientele. The space features 650 sq ft on the ground-floor cafe plus a 954 sq ft fully built basement kitchen, offering ample prep, storage, and production capacity. The business is being offered as a lease assignment with competitive Ridgewood rent, making it an attractive opportunity for an owner-operator or hospitality group looking to step into a ready-to-run concept. Included in the sale are a fully equipped kitchen, fixtures, and furnishings (excluding: mirrors, shelving and espresso grinder and drip), allowing for a seamless transition. The location also benefits from a renewable 4 AM liquor license, adding significant value and flexibility for expanded evening service. Highlights: - Key Money: $110,000 - Ground Floor Cafe: 650 SF - Basement Kitchen: 954 SF - Fully operational, turnkey cafe restaurant - Lease assignment with competitive rent - Renewable 4 AM liquor license - Fully equipped kitchen and furnishings included - Prime Ridgewood location with strong foot traffic Ideal for a cafe operator, sandwich concept, or neighborhood restaurant seeking an established presence in one of Queens' most vibrant dining corridors. Office Phone: (646) 982-0353 Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 487 Seneca Avenue, Ridgewood, NY 11385, USA compares to other nearby properties.
Positives
Considerations
| Neighborhood | Ridgewood |
|---|---|
| Zip code | 11385 |
| Type | Apartment for rent |
studio apartments at 487 Seneca Ave #G cost about 9% more than the average rent price for studio apartments in New York.
| Month | Median Rent |
|---|---|
| August 2024 | $3,700 |
| September 2024 | $3,674 |
| October 2024 | $3,625 |
| November 2024 | $3,532 |
| December 2024 | $3,527 |
| January 2025 | $3,569 |
| February 2025 | $3,563 |
| March 2025 | $3,643 |
| April 2025 | $3,747 |
| May 2025 | $3,800 |
| June 2025 | $3,772 |
| July 2025 | $3,757 |
| August 2025 | $3,791 |
| September 2025 | $3,807 |
| October 2025 | $3,812 |
| November 2025 | $3,800 |
| December 2025 | $3,798 |
| January 2026 | $3,790 |
| February 2026 | $3,794 |
| March 2026 | $3,837 |
| April 2026 | $3,855 |
| May 2026 | $3,886 |
| June 2026 | $3,867 |
| July 2026 | $3,850 |
| August 2026 | $3,839 |
| Month | Median Rent |
|---|---|
| March 2025 | $2,195 |
| April 2025 | $2,195 |
| July 2026 | $2,500 |
| August 2026 | $2,395 |
Can I afford to live at 487 Seneca Ave #G?
Bedrooms
StudioRent-to-income ratio
30%
$104,000/yr
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