Map of Property

6095 Myrtle Ave

6095 Myrtle Ave, Ridgewood, NY 11385

  • 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
  • Website www.evergreenrealtyandinvestments.com

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

Highlights

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

Contacts

broker

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
Powered by Walk Score ®
  • 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.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Daniel Barcelowsky

Evergreen Realty & Investments