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76-17 Myrtle Ave
Ridgewood, NY 11385

$1,588,000 USD

Storefront Retail Residential For Sale  •  3,300 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 3,300 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 1925
  • Cap Rate 8.40 %
  • Tenancy Multiple
  • Zoning R4B, C1-3
58 Transit Score
84 Walk Score

Highlights

Calling All Investors, Developers, & End-Users!!! 8.4 Cap 100% Occupied 4 Unit 3,300 Sqft. Corner Mixed-Use Building In Glendale For Sale!!!
The Property Features Excellent Signage, Great Exposure, R4B/C1-3 Zoning, High 9’ Ceilings, (2) 3 Br. Apartments, (1) 2 Br. Apartment, Basement, +++!!
The Property Is Located In The Heart Of Glendale Just 3 Blocks From The Jackie Robinson Parkway!!!
The Property Has 21’ Of Frontage On Myrtle Ave. + 106’ On 78th St.!!!
Neighbors Include Starbucks, USPS, HomeGoods, Ulta Beauty, T.J. Maxx, Chili’s Bar & Grill, Cold Stone Creamery, California Pizza Kitchen, +++!!!
This Could Be Your Next Development Site Or The Next Home For Your Business!!!

Financial Summary (Proforma)

Net Operating Income: $133,322 USD (2026)
Cap Rate: 8.40 %
Total Expenses: $23,910 USD

Major Tenants

Tenant SF Occupied Lease End Date
Myrtle Meds Inc Pharmacy

Amenities

  • 24 Hour Access
  • Controlled Access
  • Corner Lot
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Forest Hills Station (Babylon Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road) 7 min - 2.3 mi
Kew Gardens Station (Babylon Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road) 7 min - 2.9 mi
AirportDriveWalkDistance
LaGuardia 16 min - 8.6 mi
John F Kennedy International 16 min - 8.8 mi
Newark Liberty International 38 min - 19.8 mi
Matthew Shane 516-279-8828 All Island Commercial
Matthew Shane 516-279-8828 All Island Commercial