$1,890,000
↓ $108K (5.4%)
●
Multifamily -
For Sale
60-11 Myrtle Avenue
Ridgewood, NY 11385
6 Beds
3 Baths
$9,989
Estimated Monthly
$0
HOA / Fees
6.38%
Cap Rate
About This Property
Explore this prime investment property in Ridgewood's vibrant
commercial hub! With two residential units and a commercial
storefront, this building presents a lucrative opportunity with low
property taxes of $8503. The ground floor houses a thriving nail
salon, business over $30K/month with 6 full/Part time employees
(The business is included in the sale of this building). Recently
renovated residential units for an additional income. Don't miss
out on this rare opportunity in a prime location with easy access
to transportation.
Unit Size
-
Days on Market
63 days
Land Size
0.02 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$709
HOA Dues
-
Year Built
1931
Listed By
Last updated: 2 months ago (OneKey MLS #ONE3535519)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2024 | Price Decreased |
$1,890,000
↓ $108K
(5.4%)
|
|
| Price Decreased | |||
| Mar 4, 2024 | Listed by Skylux Realty Inc | $1,998,000 | |
| Listed by Skylux Realty Inc | |||
| Aug 28, 2013 | Sold to Gold Unicorn Realty Llc | $730,000 | |
| Sold to Gold Unicorn Realty Llc | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: On Street
Interior Details
Bathroom Information
Full Bathrooms: 3
Room 1
Level: Second
Type: 3 Bedrooms, 1 Bathrooms
Room 2
Level: Third
Type: 3 Bedrooms, 1 Bathrooms
Room 3
Level: First
Type: Storefront Commerical Unit
Room Information
Rooms: 10
Basement Information
Basement: Finished, Full
Exterior Details
Property Information
Square Footage : 2520
Architectual Style: Colonial
Property Type: Residential Income
Property Sub Type: Multi Family
Year Built: 1931
Building Information
Building Area Units: Square Feet
Construction Methods: Brick
Lot Information
Lot Features: Near Public Transit
Lot Size Acres: 0.02
Lot Size Square Feet: 1088
Lot Size Dimensions: 21.08x51.58
Land Information
Water Source: Public
Water Source: Gas Stand Alone
Financial Details
Tax Annual Amount: $8,503
Utilities Details
Cooling: Yes
Cooling: Wall Unit(s)
Heating: Natural Gas, See Remarks
Sewer : Sewer
Location Details
Directions: Refer to Google Maps
County or Parish: Queens
Other Details
Selling Agency Compensation: 1.25
On Market Date: 2024-03-04
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
6
Beds
4
Baths
-
$1,450,000
Aug 28, 2020
$1,450,000
Oct 29, 2020
$662/mo
Sold
Multifamily
5
Beds
3
Baths
-
$1,999,000
May 24, 2022
$1,999,000
Aug 5, 2022
$429/mo
Townhouse
6
Beds
6
Baths
-
$1,800,000
Sep 16, 2016
$1,800,000
Dec 28, 2017
-
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
-
$1,697,000
Apr 26, 2022
$1,697,000
Aug 15, 2022
-
Townhouse
6
Beds
3
Baths
3,780 ft²
$529/ft²
$1,999,000
May 24, 2022
$1,999,000
Aug 5, 2022
-
Active
Multifamily
5
Beds
5
Baths
3,435 ft²
$581/ft²
$1,995,000
Mar 7, 2024
-
-
Active
Townhouse
6
Beds
4
Baths
4,208 ft²
$368/ft²
$1,550,000
Mar 12, 2024
-
$646/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
06/03/2022
|
|
6 Bed
|
3 Bath
|
-
|
$1,800,000
6 Bed
3 Bath
|
-
-
|
-
|
Shirley Y Chen
Prime Realty
|
|
09/01/2020
|
|
Studio
|
-
|
-
|
$2,090,000
Studio
-
|
-
-
|
-
|
Hui Lee
Winzone Realty Inc
|
Building Info
60-11 Myrtle Avenue
60-11 Myrtle Avenue, Ridgewood, NY 11385
- 3 Units
- 1 Unit for Sale
About Northwestern Queens
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Nearby Rentals
Last Updated: 2 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
