Contacts
Evergreen Realty & Investments
Property Details
- Property Type Mixed Use
- Property Size 4,410 SF
- Units 2
- Lot Size 0.07 Acre
- # of Floors 3
- Property Tenancy Multi-Tenant
- Year Built 1931
- Date Updated Apr 7, 2025
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 $236,500. Turnkey, easy-to-manage asset in Ridgewood’s most desirable location. Actual cap rate of 5.75%
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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98/100
Walk Score ®
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95/100
Transit Score ®
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74/100
Bike Score ®
Location
- City Ridgewood, NY
- Neighborhood Ridgewood
- Zip Code 11385
- Market Queens
Points of Interest
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Halsey Street
0.45 miles
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Myrtle–Wyckoff Avenues
0.71 miles
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Middle Village–Metropolitan Avenue
0.90 miles
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Stanhope St & Wycoff Ave - NE Corner
1.04 miles
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Stanhope St & Wycoff Ave - SE Corner
1.04 miles
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Stanhope St & Wycoff Ave - NW Corner
1.05 miles
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Stanhope St & Wycoff Ave - SW Corner
1.05 miles
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Knickerbocker Avenue
1.09 miles
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Dekalb Ave & Wycoff Ave - NE Corner
1.12 miles
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Dekalb Ave & Wycoff Ave - SE Corner
1.13 miles
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Hess
0.44 miles
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American Gas
0.84 miles
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BP
0.85 miles
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Shell
0.93 miles
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Citgo
0.98 miles
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Sunoco
1.34 miles
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Conoco
1.35 miles
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Mobile
1.37 miles
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Tesla Supercharger
1.72 miles
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Revel
2.70 miles
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Stop & Shop Parking
0.39 miles
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MMP Parking LLC
1.13 miles
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Havens Place Lot
1.67 miles
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School bus parking
1.85 miles
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Connoly's Parking Lot
1.95 miles
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Private Parking Lot
2.96 miles
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West Side Tennis Club parking lot
3.01 miles
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Parking Area C
3.07 miles
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Parking Area E
3.15 miles
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Sylvan Parking
3.20 miles
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casa reservada para vacaciones
0.23 miles
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Red Carpet Inn
0.47 miles
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Marina Hotel
1.38 miles
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Latisha Luxury Place
1.40 miles
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hull
1.46 miles
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Hotel Omega
1.58 miles
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Holiday Inn Express
1.62 miles
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Artel 535
1.64 miles
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Imperial Hotel
1.65 miles
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Riviera Motor Inn
1.69 miles
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Biedronka
0.04 miles
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Good Neighbors Supermarket
0.04 miles
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M T Discount
0.12 miles
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Telco Stores
0.14 miles
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Grand 99¢&up Emporium
0.25 miles
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Associated Supermarket
0.28 miles
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99 cents
0.33 miles
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Himalaya Food Market
0.34 miles
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Billy's Market Place
0.38 miles
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Stop & Shop
0.40 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Evergreen Realty & Investments
