6419 Myrtle Ave, Ridgewood, NY 11385

$2,998,000

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List Price
$2,998,000
Status
ACTIVE
MLS#
11962558
Acres
0.12
Year Built
1931

Property Description

RARE TRIPLE-FRONTAGE VALUE-ADD & DEVELOPMENT OPPORTUNITY | RIDGEWOOD 64-17 & 64-19 Myrtle Avenue offers a rare opportunity to acquire a highly exposed mixed-use commercial property combined under one tax lot (Lot 26) in the heart of Ridgewood's active Myrtle Avenue commercial corridor. Featuring approximately 4,000 SF of land, approximately 6,000 SF of existing above-grade building area, and exposure along Myrtle Avenue, 64th Place, and Cypress Hills St, this property delivers exceptional visibility and flexibility. Most of the building is currently vacant, including commercial and professional office space, allowing an investor or end user to immediately reposition, lease, renovate, or occupy the property. The sushi restaurant remains occupied, providing existing income. Located in R5D/C1-3 zoning, the property may offer approximately 2,000 SF of additional development potential, subject to independent verification and applicable approvals. Ideal for value-add investors, owner-users, developers, medical groups, retail operators, and commercial users seeking maximum visibility and long-term upside. Triple street exposure. Significant vacancy. Existing income. Future development potential. A rare Myrtle Avenue investment opportunity.

Additional Information

Basement
Full
School District
000000

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Listing courtesy of Gobinda Lama with PRIME AMERICA REAL ESTATE INC