5940-5942 Myrtle Ave
59-40 Myrtle Ave, Ridgewood, NY 11385
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 $249,834. Turnkey, easy-to-manage asset in Ridgewood’s most desirable location.
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Contacts
Evergreen Realty & Investments
Building Details
- For Sale $3,150,000
- Property Type Mixed Use
- Property Size 4,410 SF
- Units 2
- Lot Size 0.07 Acre
- Cap Rate % 6.36
- Taxes / YR $20,677.00
- # of Floors 3
- Property Tenancy Multi-Tenant
- Year Built 1931
- Date Updated Mar 5, 2026
Attachments
Getting Around
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Walk Score ®
Walker's Paradise (98) -
Transit Score ®
Rider's Paradise (95) -
Bike Score ®
Very Bikeable (74)
Location
- City Ridgewood, NY
- Neighborhood Ridgewood
- Zip Code 11385
- Market Queens
Points of Interest
Myrtle–Wyckoff Avenues
0.71 miles
Middle Village–Metropolitan Avenue
0.90 miles
Stanhope St & Wycoff Ave - NE Corner
1.04 miles
Stanhope St & Wycoff Ave - SE Corner
1.04 miles
Stanhope St & Wycoff Ave - NW Corner
1.05 miles
Stanhope St & Wycoff Ave - SW Corner
1.05 miles
Knickerbocker Avenue
1.09 miles
Dekalb Ave & Wycoff Ave - NE Corner
1.12 miles
Dekalb Ave & Wycoff Ave - SE Corner
1.13 miles
American Gas
0.84 miles
BP
0.85 miles
Shell
0.93 miles
Citgo
0.98 miles
Sunoco
1.34 miles
Conoco
1.35 miles
Mobile
1.37 miles
Tesla Supercharger
1.72 miles
Revel
2.70 miles
MMP Parking LLC
1.13 miles
Havens Place Lot
1.67 miles
School bus parking
1.85 miles
Connoly's Parking Lot
1.95 miles
Private Parking Lot
2.96 miles
West Side Tennis Club parking lot
3.01 miles
Parking Area C
3.07 miles
Parking Area E
3.15 miles
Sylvan Parking
3.20 miles
GTS Limited
0.37 miles
Empire Auto Spa
0.46 miles
Bleecker Hand Car Wash
0.73 miles
New Ridgewood Car Service
0.75 miles
Sunny Brite Auto Wash Corporation
0.78 miles
Hertz
0.84 miles
Enterprise
0.84 miles
Budget Truck Rental
0.92 miles
Imperial Hand Car Wash
2.24 miles
Fajitas Sunrise
0.03 miles
Wendy Teriyaki
0.04 miles
Burrito Republic
0.06 miles
Joe and John's Pizzeria
0.06 miles
Tasty Thai
0.08 miles
Delicious Wok
0.08 miles
Dunkin'
0.08 miles
Mr. Chen
0.09 miles
Original Sal's Pizza
0.10 miles
Good Neighbors Supermarket
0.04 miles
M T Discount
0.12 miles
Telco Stores
0.14 miles
Grand 99¢&up Emporium
0.25 miles
Associated Supermarket
0.28 miles
99 cents
0.33 miles
Himalaya Food Market
0.34 miles
Billy's Market Place
0.38 miles
Stop & Shop
0.40 miles
Ard Pharmacy
0.12 miles
Sherman Pharmacy 2
0.14 miles
Ridgewood Medical Services
0.18 miles
Duane Reade
0.26 miles
NYPD 104 PCT
0.36 miles
Rite Aid
0.41 miles
Mil-Rue Pharmacy
0.42 miles
Manav Pharmacy
0.48 miles
Wallgreen's
0.48 miles
59-40 Myrtle Ave Listing Summary
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What is the asking price at 5940-5942 Myrtle Ave?
5940-5942 Myrtle Ave is currently listed for sale at Contact for pricing.
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What is the total size of 5940-5942 Myrtle Ave?
5940-5942 Myrtle Ave has a total of 4,410 square feet.
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What is the year built for 5940-5942 Myrtle Ave?
The year built for 5940-5942 Myrtle Ave is 1931.
Evergreen Realty & Investments
