See Home Value
$1,798,546*
Multifamily - Off Market

5653 Myrtle Avenue

Ridgewood, NY 11385
bedrooms
6 Beds
bathrooms
4.5 Baths, 1 Half Bath
square feet
3114 Sqft
$1,616,000 - $1,974,000
Reference Base Price*
0.20%
Since Oct 1, 2023
NY-New York
Primary Model

About This Property

This three-story, mixed-use corner building in prime Ridgewood consists of one store and two apartments. Each apartment has three bedrooms and two bathrooms. The store has floor-to-ceiling storefront windows and 41 feet of frontage on Myrtle Avenue which boasts excellent foot traffic. It is currently a bar  renting at $6,000/month. At 3,114 SF, the building measures 41' x 43' and sits on a 1,038 SF lot measuring 41.17' x 43.33'. It has the potential to produce a gross annual income of approximately $176,400. The street is filled with shopping and other conveniences and is just a 6-minute walk to the M train at the Seneca Avenue station, a 9-minute walk to the L and M trains at Myrtle/Wyckoff Avenue station, and a 10-minute walk to the L train at the Halsey Street station, and steps from multiple bus lines.

The manager has listed the unit size as 3114 square feet.
Unit Size
3,114Ft²
Days on Market
-
Land Size
-
Price per sqft
$576
Property Type
Multifamily
Property Taxes
$1,617
HOA Dues
-
Year Built
1930

Price History

Date / Event Date Event Price
Sep 26, 2023 No longer available -
No longer available
Mar 24, 2023 Listed $1,795,000
Listed
Jan 15, 2015 Sold to 56-53 Ams Myrtle Llc $1,300,000
Sold to 56-53 Ams Myrtle Llc

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
5 Baths
3,300 ft²
$561/ft²
$1,850,000 Jun 21, 2022
$1,850,000 Sep 7, 2022
-
Townhouse
6 Beds
3 Baths
3,780 ft²
$529/ft²
$1,999,000 May 24, 2022
$1,999,000 Aug 5, 2022
-
Multifamily
6 Beds
4 Baths
-
$1,450,000 Aug 28, 2020
$1,450,000 Oct 29, 2020
$662/mo
Townhouse
6 Beds
6 Baths
-
$1,800,000 Sep 16, 2016
$1,800,000 Dec 28, 2017
-
Townhouse
8 Beds
3 Baths
3,100 ft²
$548/ft²
$1,700,000 Feb 10, 2022
$1,700,000 Jul 22, 2022
-
Townhouse
6 Beds
3 Baths
-
$1,697,000 Apr 26, 2022
$1,697,000 Aug 15, 2022
-
Multifamily
6 Beds
3 Baths
-
$1,799,000 May 5, 2023
-
$626/mo
Multifamily
6 Beds
6 Baths
-
$1,850,000 Apr 19, 2022
-
$1,331/mo
Multifamily
6 Beds
5 Baths
-
$1,980,000 Mar 7, 2022
-
$1,952/mo
Townhouse
5 Beds
5 Baths
3,000 ft²
$542/ft²
$1,625,000 Aug 31, 2023
-
-
Multifamily
6 Beds
4 Baths
-
$1,500,000 Mar 22, 2023
-
$408/mo
Multifamily
6 Beds
4 Baths
-
$2,095,000 Sep 12, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230324
03/24/2023
6 Bed
4.5 Bath
3114 ft²
$1,795,000
bedrooms
6 Bed
bathrooms
4.5 Bath
square feet
3114 ft²
-
-
-
Emma Barattini
EVERGREEN REALTY & INVESTMENTS

Building Info

56-53 Myrtle Avenue 56-53 Myrtle Avenue, Ridgewood, NY 11385
  • 3 Units
  • 1 Unit for Sale
More about this Building
56-53 Myrtle Avenue
Want to find out who owns 56-53 Myrtle Avenue, Ridgewood, NY 11385? Get detailed property transactions here .

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