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Deals›Queens›Ridgewood

59-40 MYRTLE AVENUE · #BLD

Ridgewood· built 1931openSales listingBBL 4035870027
$3,150,000
$714 / ft² · 8 bd · 4 ba · 4,410 ft²
score 3.0 · market
Open listing source
Price
$3.15M
$/ft²
$714
Days on market
430
Monthly taxes
$1,714
Common charges
-
Maintenance
$0

Description

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

Price history

Every list / cut / contract / sold event we've recorded.

  1. price decreaseMar 5, 2026
    $3.15M-3.1%
    Price decreased 3%
  2. listedApr 7, 2025
    $3.25M
    Listed by Evergreen Realty & Investments

In-building transactions

Every recorded deed (incl. private + sponsor) for this BBL - actual prices paid.

full building →
No transactions recorded for this BBL yet.

Open violations + recent permits

DOB / HPD signals for this BBL.

Open HPD violations (0)
None open.
Recent DOB permits (0)
No permits filed.