| Primary address | 59-40 Myrtle Avenue |
| Neighborhood | Ridgewood |
| Zip code | 11385 |
| Borough | Queens |
| Block & lot | 03587-0027 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 06/18/2015 |
| Purchase price | $1,550,000 |
| Tax class | Register |
| Estimated property tax | $22,222 |
| Lot sqft | 2,932 |
| Lot dimensions | |
| Building class | Single or Multiple Dwelling with Stores or Offices (S9)
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| Building sqft | 4,410 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 3 |
| Year built | 1931 |
| Construction type | Register |
| School district | 24 |
| Community district | 5 |
| Closest police station | 0.35 Miles |
| Closest fire station | 0.61 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
This Single or Multiple Dwelling with Stores or Offices (S9) located at 59-40 Myrtle Avenue, Ridgewood, NY 11385 has a total of 4,410 square feet and a current price per square foot of $351.
What is the year built & the current market value of 59-40 Myrtle Avenue, Ridgewood, NY 11385?59-40 Myrtle Avenue, Ridgewood, NY 11385 was built in 1931 and has a current tax assessor's market value of $1,118,000.
How many commercial spaces does this building have?This building has 2 commercial spaces available for lease. There are 1 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Sale |
|---|---|
| Listing date | 04/07/2025 |
| Last updated | 03/05/2026 |
| Lot size | 0.067 Acre |
AA
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 Ridgewoodâs most desirable location.Â
Create a free account to view the complete sales history for 59-40 Myrtle Avenue, Ridgewood, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 06/18/2015 | $1,550,000 | Register | Register |
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 59-40 Myrtle Avenue, Ridgewood, NY 11385. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $20,577 |
| Estimated property tax: | $22,222 |
| Tax assessor's market value: | $1,118,000 |
| Assessed value: | $503,100 |
Here's the assessment & property tax history for 59-40 Myrtle Avenue, Ridgewood, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $1,118,000 | $503,100 | $165,420 | 12.439% | $20,577 | $20,577 | +6.47% |
| 2024/25 | $950,400 | $427,680 | $154,612 | 12.5% | $19,327 | $19,327 | +6.90% |
| 2023/24 | $792,000 | $356,400 | $144,607 | 12.502% | $18,079 | $18,079 | +1.92% |
| 2022/23 | $818,000 | $368,100 | $144,607 | 12.267% | $17,739 | $17,739 | +5.50% |
| 2021/22 | $728,000 | $327,600 | $137,426 | 12.235% | $16,814 | $16,814 | +7.72% |
The complete history of permits filed for 59-40 Myrtle Avenue, Ridgewood, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Queens so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Queens and compare it to other boroughs in New York City.
Check out recently sold homes in Queens and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | Forest Ave & Myrtle Ave at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.355 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Myrtle Av/60 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | Q55 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 59-40 Myrtle Avenue, Ridgewood, NY 11385.
