Ridgewood

HOUSE

Address: ‎59-40 Myrtle Avenue

Zip Code: 11385

8 bed, 4 bath, 4410ft2

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$3,250,000

ID # 11514500

English

Broker Contact

EVERGREEN REALTY & INVESTMENTS Office: ‍646-838-1378

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ID #‎ 11514500
Details8 bed, 4 bath, Lot Size: 0.07 acres, Interior: 4410 ft2, 410m2, Building has 3 floors
(DOM): 11 days
Construction Year1931
Taxes
(per year)
$20,677
BasementFull basement
Broker Website
Broker Link
Bus1 min: B20, Q39, Q55
4 min: B13, QM24, QM25
5 min: B38
6 min: Q58
9 min: B26
Subway8 min: M
9 min: L
LIRR1.7 miles: "East New York"
3 miles: "Nostrand Avenue"

Home price

$3,250,000

Loan amt (per month)

$12,325

Down payment

$1,300,000

Interest Rate
Length of Loan

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房屋英文概況 English Description

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 $281,619 Turnkey, easy-to-manage asset in Ridgewood's most desirable location Actual cap rate of 7.14%

Courtesy of EVERGREEN REALTY & INVESTMENTS

公司: ‍646-838-1378




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$3,250,000

HOUSE
ID # 11514500
‎59-40 Myrtle Avenue
Ridgewood, NY 11385
8 bed, 4 bath, 4410ft2


Listing Agent(s):‎
Are you the listing agent? Sign up to add your name and cell #‎

Office: ‍646-838-1378

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