New York City » 11385 » Myrtle Ave » 5501 Myrtle Ave

55-01 Myrtle Avenue, Ridgewood, NY 11385 - Property report

Also known as: 55-01 Myrtle Ave

Property image for 55-01 Myrtle Avenue, Ridgewood, NY 11385

Property type

Professional Buildings/Stand Alone Funeral Homes (O7)

Lot sq. ft.

5,540

Sale price

$17,500,000

General information

Address

Primary address

55-01 Myrtle Avenue

Alternate address(es)

3-63 - 3-65 St Nicholas Ave
55-01 - 55-03 Myrtle Ave

ZIP code

11385

Neighborhood

Ridgewood

Borough

Queens

Block & lot

03450-0002

Building

Property type

Professional Buildings/Stand Alone Funeral Homes (O7)

Building sq. ft.

20,465

Building dimensions

51 ft x 90 ft

Buildings on lot

Stories

Building material

Sales

Sale date

04/19/2021

Sale price

$17,500,000

Tax

Tax year

2026-2027

Property tax

$73,091

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

51 ft x 78 ft

Lot sq. ft.

5,540

Area overview

Walk score

98 /100. Walker's Paradise

Transit score

99 /100. Rider's Paradise

Bike score

0 /100. Minimal Bike Infrastructure

School district

Community district

Closest police station

0.48 Miles

Closest fire station

0.39 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 55-01 Myrtle Avenue, Ridgewood, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 55-01 Myrtle Avenue, Ridgewood, NY 11385

Sale date	Sale price	Buyer name	Seller name
04/19/2021	$17,500,000	XXXXXXXXXXX XXXXXX XXXX.	XXXXXXXX XX-XX XXXXXX XXX XXX
11/13/2012	$1,595,280	XXXXXXXX XX-XX XXXXXX XXX XXX	XX-XX XXXXXX XXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
05/14/2021 - R 04/19/2021 - D	Assignment of Leases and Rents (2021042601062006)	XXXXXXXXXXX XXXXXX XXXX	XXXXXXXXX XXXX XXXXXXXXX XXXXXXX
05/14/2021 - R 04/19/2021 - D	Agreement (2021042601062005)	XXXXXXXXXXX XXXXXX XXXX	XXXXXXXXX XXXX XXXXXXXXX XXXXXXX
05/14/2021 - R 04/19/2021 - D	Deed (2021042601062001)	XXXXXXXX XXXX XXXXXX XXX XXX	XXXXXXXXXXX XXXXXX XXXX
05/14/2021 - R 04/14/2021 - D	Assignment, Mortgage (2021042601062004)	XXXXXXX XXXXXX XXXX XXXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXX XXXXXXXXX XXXXXXX
05/14/2021 - R 04/14/2021 - D	Assignment, Mortgage (2021042601062003)	XXXXXXX XXXXXX XXXX XXXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXX XXXXXXXXX XXXXXXX
05/14/2021 - R 04/14/2021 - D	Assignment, Mortgage (2021042601062002)	XXXXXXX XXXXXX XXXX XXXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXX XXXXXXXXX XXXXXXX
01/29/2019 - R 01/18/2019 - D	Mortgage (2019012500514007)	XXXXXXXX XXXX XXXXXX XXX XXX	XXXXXXX XXXXXX XXXX XXXXXXXX XXXXXXXXXXX
01/29/2019 - R 01/18/2019 - D	Mortgage (2019012500514006)	XXXXXXXX XXXX XXXXXX XXX XXX	XXXXXXX XXXXXX XXXX XXXXXXXX XXXXXXXXXXX
01/29/2019 - R 01/18/2019 - D	Agreement (2019012500514005)	XXXXXXXX XXXX XXXXXX XXX XXX	XXXXXXX XXXXXX XXXX XXXXXXXX XXXXXXXXXXX
01/29/2019 - R 01/18/2019 - D	Termination of Assign of L&R (2019012500514004)	XXXXXXXXXX XXX	XXXXXXXX XXXX XXXXXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 55-01 Myrtle Avenue, Ridgewood, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$73,091

Municipal exemptions

Recent tax assessments

Market value

$6,363,000

Assessed value

$2,863,350

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$6,296,000	$2,833,200	$2,519,327	10.848%	$273,297	$60,343	+31.74%
2024/25	$6,544,000	$2,944,800	$2,369,254	10.762%	$254,979	$45,805	+52.31%
2023/24	$5,237,000	$2,356,650	$2,192,541	10.592%	$232,234	$30,073	-86.76%
2022/23	$5,232,000	$2,354,400	$2,133,458	10.646%	$227,128	$227,128	+1.78%
2021/22	$4,683,525	$2,107,586	$2,074,826	10.755%	$223,148	$223,148	+1319.79%
2020/21	$365,000	$164,250	$146,970	10.694%	$15,717	$15,717	+4.56%
2019/20	$317,000	$142,650	$142,650	10.537%	$15,031	$15,031	-75.80%
2018/19	$1,474,000	$663,300	$590,810	10.514%	$62,118	$62,118	+5.79%
2017/18	$1,426,000	$641,700	$558,460	10.514%	$58,716	$58,716	+7.79%
2016/17	$1,371,000	$616,950	$515,160	10.574%	$54,473	$54,473	+4.58%

Permits

Permit information for 55-01 Myrtle Avenue, Ridgewood, NY

Filing date	Job type	Job status	Job description	Initial cost
02/27/2024	Alteration
05/09/2022	Alteration
10/28/2021	Alteration
08/24/2021	Alteration
04/16/2021	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	02/24/2017	Lblvio-low pressure boiler
	10/01/2015	Lblvio-low pressure boiler
	03/03/2015	Lblvio-low pressure boiler

*Most recent DOB violations on record for this property.

Listings

Neighborhood

Queens commercial market stats

Review a detailed real estate market overview of Queens and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Queens and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$458

1.2% Y-o-Y

Q1 2026 median price/sq. ft.

$434

-0.5% Y-o-Y

2025 median price/sq. ft.

$452

4.2% Y-o-Y

Check out recently sold homes in Queens and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Palmetto St & Wycoff Ave at NE Corner

Station lines

L-M

Distance (miles)

0.117

View subway map

Access the detailed traffic volume map for 55-01 Myrtle Avenue, Ridgewood, NY 11385 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the market value of 55-01 Myrtle Avenue, Ridgewood, NY 11385?

The current market value of 55-01 Myrtle Avenue, Ridgewood, NY 11385 is $6,363,000.

What is the total square footage of 55-01 Myrtle Avenue, Ridgewood, NY 11385?

55-01 Myrtle Avenue, Ridgewood, NY 11385 has a total of 20,465 square feet.

What is the price per square foot for this property?

$855 per square foot is the price for 55-01 Myrtle Avenue, Ridgewood, NY 11385.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.