1518 Decatur Street

Ridgewood, Queens | Decatur Street & Decatur Street

Development Site

$7,000,000

ZoneM1-4

Building TypeVacant Lot

RE Taxes$63,000

Building Amenities

Elevator

Property Description for 1518 Decatur Street

Opportunity -- the lease, sale, or lease-to-own of 1518 Decatur Street, a ~20k SF of block-through fully paved lot on the Ridgewood-Bushwick border. With nearly 125' of frontage on Decatur St and 33' of frontage on Cooper Ave, this is a unique opportunity with many potential uses as is -- a perfect set up for distributor to run a seamless one-way operation, a great layout for large-vehicle parking and charging stations, outdoor retail concepts such as paddle sports or an eating/drinking establishment similar to thriving Nowadays across the street – as well as for commercial or large scale community facility development.This opportunity only blocks from the L train at the Halsey stop and the area is continuing its upward trajectory for popularity and foot traffic. The site benefits from M1-4 zoning and offers an FAR of 2 and ~40k BSF for commercial, as well as an FAR of 6.5 and ~130k for community facility development. Ownership is open to various creative options including but not limited to owner-financing and lease-to-own.

Listing History for 1518 Decatur Street

Now

03/31/2025

$7,000,000

Initial Price by Nathan Horne

Compass

Launch

Building Details for 1518 Decatur Street

OwnershipDevelopment Site

Building TypeVacant Lot

Learn More About the Building

Ridgewood | Queens

Quick Profile

Unique for being a symbolic and literal bridge between Brooklyn and Queens, Ridgewood incorporates both distinct elements of these boroughs into its persona. Originally considered part of Brooklyn, the neighborhood broke off with Bushwick in the 1700s at a point called, appropriately, Arbitration Rock. When the blackout of 1977 occurred, the residents of Ridgewood only further wanted to dissociate themselves from their Bushwick neighbors as the bedlam that ensued in between the looting and the riots made them feel just a tad superior.

And yet, just because its zip code changed didn’t mean Ridgewood could ever fully break free from its proximity and entwined identity with Bushwick. Pegged as the next “it” destination and hipster haven to move to circa 2016, Ridgewood has surprised many with its steady pace of growth, therefore well-maintained “neighborhood” feel.

Rife with quiet blocks filled with quaint, colorful buildings, Ridgewood offers the bodegas and local businesses one also expects of “old world” Brooklyn. An increase in the number of coffee shops, bars and DIY venues have continued its natural association with Bushwick, however, the deeper into the neighborhood you go, the more apparent it becomes that Ridgewood is very much its own very Queensian thing.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.

OLR ID: 99992TH

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