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 $259K. Turnkey, easy-to-manage asset in Ridgewood's most desirable location.
59-40 Myrtle Avenue
Ridgewood, NY 11385
- Property type
- Status
- Active
- Year built
- 1931
- Living area
- 4,410 sf
- MLS#
- 11514500
- Beds · Baths
- 8 · 5
Ridgewood, NY.
Ridgewood, New York, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.
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Listings updated Aug 21, 2026



