For sale

$3,150,000

59-40 Myrtle Ave, Ridgewood, NY 11385

8beds

4,410sqft

Single Family Residence

Built in 1931

2,932 Square Feet Lot

$-- Zestimate^®

$714/sqft

$-- HOA

What's special

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 $259K. Turnkey, easy-to-manage asset in Ridgewood's most desirable location.

476 days
72
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 6
Full bathrooms: 4
1/2 bathrooms: 2

Heating

Has Heating (Unspecified Type)

Appliances

Included: Dishwasher, Dryer, Refrigerator, Microwave, Oven, Washer, Stainless Steel Appliances

Features

Flooring: Hardwood
Basement: Full
Has fireplace: No

Interior area

Total structure area: 4,410
Total interior livable area: 4,410 sqft
Finished area above ground: 4,410

Property

Features

Stories: 3
Frontage length: 0

Lot

Size: 2,932 Square Feet
Features: Near Bus, Near Train

Details

Lease amount: $0

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Masonry - Brick, Brick Siding

Condition

New construction: No
Year built: 1931
Major remodel year: 2018

Utilities & green energy

Electric: Amps(0)
Utilities for property: Naturl Gas Available

Community & HOA

Community

Subdivision: Ridgewood

HOA

Has HOA: No

Location

Region: Ridgewood

Financial & listing details

Price per square foot: $714/sqft
Annual tax amount: $22,223
Date on market: 6/10/2025
Date available: 06/10/2025
Listing agreement: Exclusive

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/5/2026	Price change	$3,150,000-3.1%$714/sqft
Source: NY State MLS #11514500 Report a problem
8/2/2025	Listing removed	$5,250$1/sqft
Source: Zillow Rentals Report a problem
7/31/2025	Listed for rent	$5,250$1/sqft
Source: Zillow Rentals Report a problem
6/10/2025	Listed for sale	$3,250,000$737/sqft
Source: NY State MLS #11514500 Report a problem