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64-19 Myrtle Ave
Ridgewood, NY 11385
Retail Property For Sale


Investment Highlights
- RARE COMMERCIAL INVESTMENT OPPORTUNITY IN RIDGEWOOD
- ONE COMBINED LOT – LOT 26
- Approx. 4,000 SF Lot, Approx. 6,000 SF Existing Above-Grade Building Area
- TWO BUILDINGS, 64-17 & 64-19 Myrtle Avenue, Ridgewood, NY
- Triple-Street Exposure Myrtle Avenue • 64th Place • Cypress Hills St
- R5D/C1-3 Zoning
Executive Summary
PRIME TRIPLE-STREET EXPOSURE MIXED-USE COMMERCIAL BUILDING | VACANT SPACE + DEVELOPMENT UPSIDE
64-17 & 64-19 Myrtle Avenue, Ridgewood, NY presents a rare opportunity to acquire a highly visible mixed-use commercial property occupying a commanding position in one of the area's busiest commercial corridors.
The two addresses are combined under one tax lot, Lot 26, creating an approximately 4,000 SF combined lot with exceptional exposure and frontage along three streets: Myrtle Avenue, 64th Place, and Cypress Hills St. The property offers approximately 50 feet of Myrtle Avenue frontage and approximately 105 feet along 64th Place, providing outstanding visibility for businesses seeking maximum street presence.
The property is located within R5D/C1-3 zoning and contains approximately 6,000 SF of existing above-grade building area, excluding basement space, with approximately 2,000 SF of additional FAR potentially remaining, subject to verification and all applicable zoning and governmental requirements.
The existing Certificate of Occupancy provides for a versatile commercial and professional layout, including retail uses on the first floor, three separately designated professional office spaces on the second floor, and basement areas for accessory use.
The property offers exceptional flexibility for investors and end users. 64-17 Myrtle Avenue includes a ground-floor space configured for medical/dental office use. 64-19 Myrtle Avenue features an occupied sushi restaurant prominently positioned near the corner of Myrtle Avenue and 64th Place. Additional commercial spaces with exposure toward Cypress Hills St and 64th Place were previously operated as a dry-cleaning and laundry business.
A significant portion of the property is currently vacant, including the professional office spaces, medical/dental office space, and former dry-cleaning/laundry areas. The existing vacancy provides an incoming owner with the ability to immediately lease, reposition, renovate, or occupy substantial portions of the building while benefiting from the existing restaurant tenancy.
This highly exposed property may appeal to a wide range of investors and commercial users, including medical and professional offices, dental practices, shared office concepts, retail, specialty food businesses, supermarkets, laundry operators, daycare or community-serving uses, and other permitted commercial uses.
A rare combination of triple-street exposure, approximately 4,000 SF of land, approximately 6,000 SF of existing above-grade space, substantial vacant commercial and office space, an existing tenant, and potential future development upside in the heart of Myrtle Avenue's active commercial hub.
64-17 & 64-19 Myrtle Avenue, Ridgewood, NY presents a rare opportunity to acquire a highly visible mixed-use commercial property occupying a commanding position in one of the area's busiest commercial corridors.
The two addresses are combined under one tax lot, Lot 26, creating an approximately 4,000 SF combined lot with exceptional exposure and frontage along three streets: Myrtle Avenue, 64th Place, and Cypress Hills St. The property offers approximately 50 feet of Myrtle Avenue frontage and approximately 105 feet along 64th Place, providing outstanding visibility for businesses seeking maximum street presence.
The property is located within R5D/C1-3 zoning and contains approximately 6,000 SF of existing above-grade building area, excluding basement space, with approximately 2,000 SF of additional FAR potentially remaining, subject to verification and all applicable zoning and governmental requirements.
The existing Certificate of Occupancy provides for a versatile commercial and professional layout, including retail uses on the first floor, three separately designated professional office spaces on the second floor, and basement areas for accessory use.
The property offers exceptional flexibility for investors and end users. 64-17 Myrtle Avenue includes a ground-floor space configured for medical/dental office use. 64-19 Myrtle Avenue features an occupied sushi restaurant prominently positioned near the corner of Myrtle Avenue and 64th Place. Additional commercial spaces with exposure toward Cypress Hills St and 64th Place were previously operated as a dry-cleaning and laundry business.
A significant portion of the property is currently vacant, including the professional office spaces, medical/dental office space, and former dry-cleaning/laundry areas. The existing vacancy provides an incoming owner with the ability to immediately lease, reposition, renovate, or occupy substantial portions of the building while benefiting from the existing restaurant tenancy.
This highly exposed property may appeal to a wide range of investors and commercial users, including medical and professional offices, dental practices, shared office concepts, retail, specialty food businesses, supermarkets, laundry operators, daycare or community-serving uses, and other permitted commercial uses.
A rare combination of triple-street exposure, approximately 4,000 SF of land, approximately 6,000 SF of existing above-grade space, substantial vacant commercial and office space, an existing tenant, and potential future development upside in the heart of Myrtle Avenue's active commercial hub.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,000 SF
Building Class
C
Year Built
1931
Price
$4,138,349 CAD
Price Per SF
$689.72 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.20
Lot Size
0.11 AC
Zoning
R5D, C1-3
Frontage
Property Taxes
| Parcel Number | 03639-0026 | Improvements Assessment | $637,317 CAD |
| Land Assessment | $124,233 CAD | Total Assessment | $761,550 CAD |
Property Taxes
Parcel Number
03639-0026
Land Assessment
$124,233 CAD
Improvements Assessment
$637,317 CAD
Total Assessment
$761,550 CAD
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