5653 Myrtle Avenue, Ridgewood, NY 11385

7 Photos
 
$1,795,000 List Price
Off Market
 
Listing ID 11163444
Property Type Multi-Unit (2-4)
County Queens
Township Queens
Neighborhood Ridgewood
Total Tax $19,405
FEMA Flood Map fema.gov/portal
Year Built 1930
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CORNER MIXED-USE BUILDING • HIGH FRONTAGE • PRIME RIDGEWOOD

This three-story, mixed-use corner building in prime Ridgewood consists of one store and two apartments. Each apartment has three bedrooms and two bathrooms. The store has floor-to-ceiling storefront windows and 41 feet of frontage on Myrtle Avenue which boasts excellent foot traffic. It is currently a bar renting at $6,000/month. At 3,114 SF, the building measures 41' x 43' and sits on a 1,038 SF lot measuring 41.17' x 43.33'. It has the potential to produce a gross annual income of approximately $176,400. The street is filled with shopping and other conveniences and is just a 6-minute walk to the M train at the Seneca Avenue station, a 9-minute walk to the L and M trains at Myrtle/Wyckoff Avenue station, and a 10-minute walk to the L train at the Halsey Street station, and steps from multiple bus lines.
Property Details
  • 6 Total Bedrooms
  • 4 Full Baths
  • 1 Half Bath
  • 3114 SF
  • 1038 SF Lot
  • Built in 1930
  • 3 Stories
  • Available 3/24/2023
Interior Features
  • Hardwood Flooring
  • Corner Unit
  • Central Vac
  • Laundry in Unit
  • 14 Rooms
Taxes and Fees
  • $19,405 Total Tax
Previously Listed By
EVERGREEN REALTY & INVESTMENTS
Office: 646-838-1378
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