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  • $3,250,000

    59-40 Myrtle Ave #BLD, Ridgewood, NY 11385

    8beds
    4,410sqft
    Building
    Built in 1931
    -- sqft lot
    $-- Zestimate®
    $737/sqft
    $-- HOA

    What's special

    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 $249,120 Turnkey, easy-to-manage asset in Ridgewood’s most desirable location
    241 days
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