Queens  »  11385  »  Myrtle Ave  »  5505 Myrtle Ave

55-05 Myrtle Avenue, Ridgewood, NY 11385 - Property report

Also known as: 16-57 Madison St

Property image for 55-05 Myrtle Avenue, Ridgewood, NY 11385
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Property type

Predominant Retail with Other Uses (K4)

Year built

1930

Lot sq. ft.

6,002

Sale price

$1,300,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
55-05 Myrtle Avenue
Alternate address(es)
16-57 - 16-59 Madison St
ZIP code
11385
Neighborhood
Ridgewood
Borough
Queens
Block & lot
03450-0001

Owner

Find out who owns 55-05 Myrtle Avenue, Ridgewood, NY 11385. Uncover corporate and individual owners with a free account.

Building
Property type
Predominant Retail with Other Uses (K4)
Building sq. ft.
16,502
Building dimensions
80 ft x 83 ft
Buildings on lot
1
Stories
3
Year built
1930
Last altered
2012
Building material
Sales
Sale date
12/22/2011
Sale price
$1,300,000 - M
Tax
Tax year
2026-2027
Property tax
$217,524
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
23.17 ft x 91.96 ft
Lot sq. ft.
6,002

Area overview

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

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

Ownership

Ownership information for 55-05 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 55-05 Myrtle Avenue, Ridgewood, NY 11385

Sale date Sale price Buyer name Seller name
12/22/2011 $1,300,000 XXXXXXXXX, XXXXX XXX XXXXXX, XXXXXXX XXXXXX, XXXXX X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/16/2019 - R UCC3 Termination
(2019121300683002)		 XXXXXX XXXXXX XXXXXXXXXX XXXX XX XX XXXXXXX XX XXX
12/16/2019 - R Initial UCC1
(2019121300634004)		 XXXXXX XXXXXX XXXXXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
12/16/2019 - R
10/07/2019 - D		 Termination of Assign of L&R
(2019121300683001)		 XX XX XXXXXXX XX XXX XXXXXX XXXXXX XXXXXXXXXX XXXX
12/16/2019 - R
10/07/2019 - D		 Agreement
(2019121300634003)		 XXXXXX XXXXXX XXXXXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
12/16/2019 - R
10/07/2019 - D		 Mortgage
(2019121300634002)		 XXXXXX XXXXXX XXXXXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
12/16/2019 - R
10/07/2019 - D		 Assignment, Mortgage
(2019121300634001)		 XX XX XXXXXXX XX XXX XXX XXXX XXXXXXXXX XXXX
12/31/2018 - R
12/10/2018 - D		 Termination of Assign of L&R
(2018122700996001)		 XX XX XXXXXXX XX XXX XXXXXXXX XXXXXX XX XXX
01/23/2018 - R
11/28/2017 - D		 Assignment, Mortgage
(2018012000050001)		 XX XX XXXXXXX XX XXX XXXXXXXX XXXXXX XX XXX
10/11/2017 - R Initial UCC1
(2017100900449003)		 XXXXXX XXXXXX XXXXXXXXXX XXXX XX XX XXXXXXX XX XXX
10/11/2017 - R
09/15/2017 - D		 Assignment of Leases and Rents
(2017100900449002)		 XXXXXX XXXXXX XXXXXXXXXX XXXX XX XX XXXXXXX XX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 55-05 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
$217,524
Municipal exemptions
Recent tax assessments
Market value
$4,456,000
Assessed value
$2,005,200

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 $4,785,000 $2,153,250 $2,032,700 10.848% $220,507 $220,507 +1.03%
2024/25 $4,691,000 $2,110,950 $2,028,110 10.762% $218,265 $218,265 +13.00%
2023/24 $4,572,000 $2,057,400 $1,823,630 10.592% $193,159 $193,159 +8.40%
2022/23 $4,544,000 $2,044,800 $1,673,820 10.646% $178,195 $178,195 +9.80%
2021/22 $4,601,000 $2,070,450 $1,508,916 10.755% $162,284 $162,284 +13.42%
2020/21 $4,615,000 $2,076,750 $1,337,915 10.694% $143,077 $143,077 +24.74%
2019/20 $2,419,000 $1,088,550 $1,088,550 10.537% $114,701 $114,701 +12.24%
2018/19 $2,160,000 $972,000 $972,000 10.514% $102,196 $102,196 -9.20%
2017/18 $2,460,000 $1,107,000 $1,070,482 10.514% $112,550 $112,550 +1.12%
2016/17 $2,449,000 $1,102,050 $1,052,598 10.574% $111,302 $111,302 +1.29%
Permits

Permit information for 55-05 Myrtle Avenue, Ridgewood, NY

Filing date Job type Job status Job description Initial cost
04/24/2026 Alteration
01/22/2026 Alteration
11/12/2025 Alteration
11/03/2025 Alteration
09/26/2025 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
12/17/2021 Evcat5-non-residential elevator periodic inspection/test
10/04/2017 Aeuhaz1-fail to certify class 1
09/15/2017 Evcat1-elevator annual inspection / test

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Palmetto St & Wycoff Ave at NE Corner
Station lines
L-M
Distance (miles)
0.129
View subway map

Access the detailed traffic volume map for 55-05 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

Neighbors for 55-05 Myrtle Avenue, Ridgewood, NY

3-61 St Nicholas Ave, Ridgewood 18-66 Linden St, Ridgewood 16-82 Linden St, Ridgewood 7-14 Seneca Ave, Ridgewood 16-94 Linden St, Ridgewood 7-92 Onderdonk Ave, Ridgewood 3-51 St Nicholas Ave, Ridgewood 3-29 Wyckoff Ave, Ridgewood 18-25 Palmetto St, Ridgewood 7-54 Onderdonk Ave, Ridgewood 56-15 Catalpa Ave, Ridgewood 3-33 St Nicholas Ave, Ridgewood 16-88 Linden St, Ridgewood 16-72 Linden St, Ridgewood 3-59 St Nicholas Ave, Ridgewood 3-57 St Nicholas Ave, Ridgewood 16-70 Gates Ave, Ridgewood 16-68 Linden St, Ridgewood 6-81 Seneca Ave, Ridgewood 54-55 Myrtle Ave, Ridgewood

Nearby ZIP codes for 55-05 Myrtle Avenue, Ridgewood, NY

11104, New York City, NY 11206, New York City, NY 11207, New York City, NY 11208, New York City, NY 11212, New York City, NY 11221, New York City, NY 11233, New York City, NY 11237, New York City, NY 11239, New York City, NY 11372, New York City, NY 11373, New York City, NY 11374, New York City, NY 11375, New York City, NY 11377, New York City, NY 11378, New York City, NY 11379, New York City, NY 11416, New York City, NY 11417, New York City, NY 11418, New York City, NY 11421, New York City, NY

Frequently asked questions

What is the year built for 55-05 Myrtle Avenue, Ridgewood, NY 11385?

The development at 55-05 Myrtle Avenue, Ridgewood, NY 11385 was built in 1930.

What is the market value of 55-05 Myrtle Avenue, Ridgewood, NY 11385?

The current market value of 55-05 Myrtle Avenue, Ridgewood, NY 11385 is $4,456,000.

What is the total square footage of 55-05 Myrtle Avenue, Ridgewood, NY 11385?

55-05 Myrtle Avenue, Ridgewood, NY 11385 has a total of 16,502 square feet.

What is the price per square foot for this property?

$78 per square foot is the price for 55-05 Myrtle Avenue, Ridgewood, NY 11385.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

How many active listings does 55-05 Myrtle Avenue, Ridgewood, NY 11385 have?

This address has 1 active listing(s).

Disclaimer

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