Active
    • $3,250,000

    59-40 Myrtle Ave, Ridgewood, NY 11385

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

    What's special

    Wraparound visibilityDouble sidewalk frontageSpacious residential unitsCorner building
    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
    140 days
    on Zillow
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