Queens  »  11385  »  Myrtle Ave  »  5650 Myrtle Ave

56-50 Myrtle Avenue, Ridgewood, NY 11385 - Property report

Also known as: 17-35 Hancock St

Property image for 56-50 Myrtle Avenue, Ridgewood, NY 11385
static Mapbox map

Property type

Miscellaneous Store Building (K9)

Year built

1931

Lot sq. ft.

2,700

Sale price

$6,750,000 - M

General information

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Address
Primary address
56-50 Myrtle Avenue
Alternate address(es)
17-35 Hancock St
ZIP code
11385
Neighborhood
Ridgewood
Borough
Queens
Block & lot
03560-0034

Owner

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Building
Property type
Miscellaneous Store Building (K9)
Building sq. ft.
5,400
Building dimensions
20 ft x 90 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Sales
Sale date
04/07/2015
Sale price
$6,750,000 - M
Tax
Tax year
2026-2027
Property tax
$55,855
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 135 ft
Lot sq. ft.
2,700

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
99 /100.  Rider's Paradise
Bike score
79 /100.  Very Bikeable
School district
24
Community district
5
Closest police station
0.62 Miles
Closest fire station
0.58 Miles

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

Ownership information for 56-50 Myrtle Avenue, Ridgewood, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 56-50 Myrtle Avenue, Ridgewood, NY 11385

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/22/2024 - R Initial UCC1
(2024011601056010)
XXXXXX XXX XXXXXXXXXXX XXXXXXXX X XXX XXXXXXXX XXXXXXXXXX XXX
01/22/2024 - R UCC3 Termination
(2024011601056006)
XXXXXX XXX XXXXXXXXXXX XXXXXXXX X XXX XXXXXXXX XXXXXXXXXX XXX
01/22/2024 - R UCC3 Termination
(2024011601056005)
XXXXXX XXX XXXXXXXXXXX XXXXXXXX X XXX XXXXXXXX XXXXXXXXXX XXX
07/18/2024 - R
01/17/2024 - D
Asgn of Asgn of L&R
(2024071700555002)
XXXXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXXXX XXXXXXXXX XX XXX
07/18/2024 - R
01/17/2024 - D
Assignment, Mortgage
(2024071700555001)
XXXXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXXXX XXXXXXXXX XX XXX
01/22/2024 - R
01/10/2024 - D
Assignment of Leases and Rents
(2024011601056009)
XXXXXX XXX XXXXXXXXXXX XXXXXXXX X XXX XXXXXXXX XXXXXXXXXX XXX
01/22/2024 - R
01/10/2024 - D
Agreement
(2024011601056008)
XXXXXX XXX XXXXXXXXXXX XXXXXXXX X XXX XXXXXXXX XXXXXXXXXX XXX
01/22/2024 - R
01/10/2024 - D
Mortgage
(2024011601056007)
XXXXXX XXX XXXXXXXXXXX XXXXXXXX X XXX XXXXXXXX XXXXXXXXXX XXX
01/22/2024 - R
01/10/2024 - D
Termination of Assign of L&R
(2024011601056004)
XXXXX XXXXXXX XXXXXXXX XXXXXXXXX XXXXXXX XXX XXXXXX XXX XXXXXXXXXXX XXXXXXXX X XXX
01/22/2024 - R
01/10/2024 - D
Termination of Assign of L&R
(2024011601056003)
XXXXX XXXXXXX XXXXXXXX XXXXXXXXX XXXXXXX XXX XXXXXX XXX XXXXXXXXXXX XXXXXXXX X XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 56-50 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
$55,855
Municipal exemptions
Recent tax assessments
Market value
$1,204,000
Assessed value
$541,800

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 $1,175,000 $528,750 $482,130 10.848% $52,301 $52,301 +7.52%
2024/25 $1,152,000 $518,400 $451,980 10.762% $48,642 $48,642 +6.88%
2023/24 $1,095,000 $492,750 $429,660 10.592% $45,510 $45,510 +4.07%
2022/23 $1,095,000 $492,750 $410,760 10.646% $43,730 $43,730 +1.64%
2021/22 $961,000 $432,450 $400,050 10.755% $43,025 $43,025 +5.36%
2020/21 $934,000 $420,300 $381,870 10.694% $40,837 $40,837 +8.66%
2019/20 $904,000 $406,800 $356,670 10.537% $37,582 $37,582 +7.52%
2018/19 $885,000 $398,250 $332,460 10.514% $34,955 $34,955 +8.46%
2017/18 $761,000 $342,450 $306,540 10.514% $32,230 $32,230 +5.54%
2016/17 $759,000 $341,550 $288,810 10.574% $30,539 $30,539 +5.44%

Permit information for 56-50 Myrtle Avenue, Ridgewood, NY

Filing date Job type Job status Job description Initial cost
06/26/2025 Alteration
06/23/2025 Alteration
01/29/2025 Alteration
01/25/2024 Alteration
07/20/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
03/09/2021 C-construction other optional

*Most recent DOB violation on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Myrtle Ave & Seneca Ave at NE Corner
Station lines
M
Distance (miles)
0.251

Access the detailed traffic volume map for 56-50 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 year built for 56-50 Myrtle Avenue, Ridgewood, NY 11385?

The development at 56-50 Myrtle Avenue, Ridgewood, NY 11385 was built in 1931.

What is the market value of 56-50 Myrtle Avenue, Ridgewood, NY 11385?

The current market value of 56-50 Myrtle Avenue, Ridgewood, NY 11385 is $1,204,000.

What is the total square footage of 56-50 Myrtle Avenue, Ridgewood, NY 11385?

56-50 Myrtle Avenue, Ridgewood, NY 11385 has a total of 5,400 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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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.

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