For sale

$1,700,000

7617 Myrtle Ave, Ridgewood, NY 11385

--beds

3,300sqft

Mixed Use

Built in 1938

1,973 Square Feet Lot

$1,644,200 Zestimate^®

$515/sqft

$-- HOA

What's special

Central air and heatResidential apartments

76-17 Myrtle Avenue is a two-story, mixed-use building consisting of three residential apartments and one retail store, prominently situated at the corner of Myrtle Avenue and 78th Street in the Glendale section of Queens. Property Highlights: Low Taxes: Favorable tax class limits annual increases to an average of 4% over five years. Turnkey Investment: All rents are fully covered by Section 8 / CityFHEPS with no tenant contribution, providing highly reliable cash flow. Rental Growth: Section 8 voucher values have increased by an average of 7.7% annually over the past three years. Lower Operating Costs: Apartments are equipped with central air and heat, reducing the landlord’s share of utility and maintenance expenses.

134 days

102

2

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 4
1/2 bathrooms: 4

Heating

Electric, Ductless/Split

Appliances

Included: Hot Water Coil in Boiler

Features

Flooring: Carpet, Ceramic Tile, Hardwood
Basement: Full

Interior area

Total structure area: 3,300
Total interior livable area: 3,300 sqft

Property

Parking

Parking features: Street, None
Has uncovered spaces: Yes

Features

Stories: 2

Lot

Size: 1,973 Square Feet
Dimensions: 20x97

Details

Foundation area: 1300
Parcel number: 038260034
Zoning: R4B
Special conditions: Arm's Length
Other equipment: Intercom

Construction

Type & style

Home type: SingleFamily
Property subtype: Mixed Use
Attached to another structure: Yes

Materials

Sheet Rock, Brick
Foundation: Slab
Roof: Flat

Condition

Year built: 1938

Utilities & green energy

Electric: 220 Volts

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Queens

Location

Region: Ridgewood

Financial & listing details

Price per square foot: $515/sqft
Tax assessed value: $664,800
Annual tax amount: $11,029
Date on market: 9/18/2025
Cumulative days on market: 135 days
Total actual rent: 142959

Estimated market value

$1,644,200

$1.56M - $1.73M

$4,477/mo

Price history

Date	Event	Price
9/18/2025	Listed for sale	$1,700,000+13.3%$515/sqft
Source: BNYMLS #495884 Report a problem
11/10/2023	Listing removed	--
Source: StreetEasy Report a problem
11/7/2023	Listed for sale	$1,500,000$455/sqft
Source: StreetEasy Report a problem
10/17/2023	Listing removed	--
Source: StreetEasy Report a problem
7/10/2023	Listed for sale	$1,500,000+76.5%$455/sqft
Source: StreetEasy Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$299,160 +20%
2023	--	$249,300 -20.1%
2022	--	$311,850 +7.4%

Find assessor info on the county website

BuyAbility℠ payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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