For Sale $5,250,000
Property Type Mixed Use
Property Size 12,326 SF
Units 6
Lot Size 0.12 Acre
Additional Rent Contact for pricing
# of Floors 3
Year Built 1915
Date Updated Apr 17, 2024

This free-market, corner, mixed-use building on the busy intersection of Myrtle Avenue and Fresh Pond Road in prime Ridgewood is an excellent value-add redevelopment and investment opportunity. The property has over 12,000 square feet, featuring three retail spaces and six three-bedroom, free-market apartments. One of the stores is occupied and rents at $2,185/month with a 3-4% increase each year. Built on a 5,174 square foot lot, the property is three stories high and boasts 12,326 total square feet of residential and retail space. The property offers 100 feet total of frontage (50 feet on Myrtle Avenue and 50 feet on Fresh Pond Road). The redevelopment deal has a CO for eight apartments. The building has the potential to produce a gross annual income of $388,225, boasting a 7.39% potential cap rate and making it an incredibly attractive value-add deal in Ridgewood, the most popular and rapidly developing neighborhood in Queens.

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Attachments

60-95 MYRTLE AVENUE (3) (PDF) opens in new window

Highlights

REDEVELOPMENT DEAL
MIXED-USE FREE-MARKET CORNER DEAL
VALUE ADD

Contacts

Daniel Barcelowsky

Evergreen Realty & Investments

Location

Getting Around

Walk Score ®
97/100 Walker's Paradise
Transit Score ®
89/100 Excellent Transit
Bike Score ®
73/100 Very Bikeable

City Ridgewood, NY
Neighborhood Ridgewood
Zip Code 11385
Market Queens

Points of Interest

Halsey Street

0.61 miles
Middle Village–Metropolitan Avenue

0.78 miles
Myrtle–Wyckoff Avenues

0.89 miles
Stanhope St & Wycoff Ave - NE Corner

1.20 miles
Stanhope St & Wycoff Ave - SE Corner

1.21 miles
Stanhope St & Wycoff Ave - NW Corner

1.21 miles
Stanhope St & Wycoff Ave - SW Corner

1.22 miles
Knickerbocker Avenue

1.27 miles
Dekalb Ave & Wycoff Ave - NE Corner

1.29 miles
Dekalb Ave & Wycoff Ave - SE Corner

1.30 miles

Hess

0.49 miles
American Gas

0.80 miles
Shell

0.98 miles
Citgo

0.98 miles
BP

1.03 miles
Conoco

1.28 miles
Mobile

1.29 miles
Sunoco

1.46 miles
Tesla Supercharger

1.53 miles
Revel

2.88 miles

Stop & Shop Parking

0.20 miles
MMP Parking LLC

1.29 miles
Havens Place Lot

1.76 miles
Connoly's Parking Lot

1.88 miles
School bus parking

1.90 miles
West Side Tennis Club parking lot

2.83 miles
Parking Area C

2.93 miles
Private Parking Lot

2.99 miles
Parking Area E

3.01 miles
Sylvan Parking

3.02 miles

casa reservada para vacaciones

0.15 miles
Red Carpet Inn

0.63 miles
Latisha Luxury Place

1.35 miles
Marina Hotel

1.55 miles
hull

1.57 miles
Hotel Omega

1.63 miles
Riviera Motor Inn

1.66 miles
Imperial Hotel

1.72 miles
East New York Inn

1.77 miles
Holiday Inn Express

1.81 miles

Trattoria Cerbone

0.01 miles
Corato II Pizza

0.01 miles
Pupusas Ridgewood

0.01 miles
Ace Pizzeria and Restaurant

0.05 miles
Ye Garden

0.05 miles
Double

0.06 miles
Chiquita's

0.07 miles
Original Sal's Pizza

0.09 miles
Zenith Thai

0.10 miles
Dunkin'

0.10 miles

Jiggle Sprouts, Inc.

0.25 miles
P.S. 68Q

0.31 miles
Once Upon A Time Daycare & Preschool

0.34 miles
Saint Matthias School

0.42 miles
Intermediate School 93 Ridgewood

0.53 miles
Intermediate School 93

0.58 miles
Saint Pancras School

0.58 miles
Supermoon Community Art Space

0.59 miles
P.S. 91Q Richard Arkwright School

0.60 miles
Robco Kid Care

0.65 miles

Little Einstein's Daycare

0.52 miles
Audrey Johnson Day Care Center

0.92 miles
Precious Moments

1.52 miles
People's Daycare

1.53 miles
Friends of Crown Heights Educational Center

1.86 miles
Small Wonder

2.18 miles
Kidz Village

2.24 miles
Tender Tots

2.34 miles
I Kidz Daycare

2.35 miles
Premier Stepping Stones Child Care

2.60 miles

Frequently Asked Questions

How much does 6095 Myrtle Ave cost?

The space currently listed for sale at 6095 Myrtle Ave asks for $5,250,000.

What is the total square footage of 6095 Myrtle Ave?

6095 Myrtle Ave totals 12,326 square feet.

When was this property built?

6095 Myrtle Ave was built in 1915.

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