Address
59-40 Myrtle Avenue, Ridgewood, NY
Price
$ 3,150,000
Property Attributes
- MLS#11514500
- TypeSingle Family
- Listing Status Active
- CountyQUEENS
- CityRidgewood
- AreaQueens
- NeighborhoodRidgewood
- Zip11385
- Style
- Year Built1931
- Taxes$ 22223
- Price$ 3,150,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms2
- Sqr Footage4410
- Lot Size0.067309 Acres
Data Source:
My State MLS (MSMLS)
Property Description
Prime corner building on the busiest block in Ridgewood with coveted tax class 2A Two stores and two apartments Double sidewalk frontage: 47 feet on Myrtle Avenue, 62 feet on Norman Street Total of 109 feet of wraparound visibility Fully gut-renovated in 2018 Three-story mixed-use building totaling approx. 4,398 SF Two spacious residential units: each with 4 bedrooms and 2 bathrooms Ground-floor tenants: established coffee shop and an established regional dessert franchise High foot traffic ensures consistent retail activity Retail leases include 50% real estate tax over base year + 3% annual increases Annual gross income of approximately $259K. Turnkey, easy-to-manage asset in Ridgewood's most desirable location.
| Price History | |
|---|---|
| 3/5/2026 | Listed $3,150,000 |
General Features
| Living Area | 4410 |
|---|---|
| Construction Materials | Masonry - Brick |
| Year Built | 1931 |
| Stories Count | 3 |
| Township | Queens |
| County | 36081 |
| Property Type | House (Attached) |
| Full Baths | 4 |
| Status | Active |
| Buyer Financing | Other |
| City | Ridgewood |
| Lot Size Square Feet | 2932 |
| Tax Annual Amount | 22223 |
| Availability Date | 2025-06-10T04:00:00Z |
Interior Features
| Basement | Full |
|---|---|
| Half Baths | 2 |
| Total Bedrooms | 8 |
Exterior Features
| Lot Size Acres | 0.00 |
|---|
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 11385
Price
Taxes
Year Built
Visits
Data last updated: September 27, 2026 2:37 AM UTC and updating occurs daily
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