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6557 Myrtle Ave Flushing, NY 11385

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For Sale
$1,590,000

Mixed-use property with retail and residential units in prime location.

Lot size:
0.04 Acres

Property Features for 6557 Myrtle Ave

General Information

Lot size
0.04 Acres

Building Details

Year built
1910

Source: United Real Estate Fortune Agent Lisa Lin

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mixed-Use Property in Ridgewood

This mixed-use property features two residential units and a storefront. The first-floor storefront is currently leased for $3,800 with a lease term of 5+ years. The second floor consists of a 3-bedroom, 1-bathroom unit renting for $2,400, which includes water. The third floor also features a 3-bedroom, 1-bathroom unit, renting for $2,600, which includes water. All utilities are separate for each unit. Located on a busy commercial strip in the heart of Ridgewood, this well-maintained building offers a ground-floor retail space plus residential units above, presenting an investment opportunity with income potential. The property is situated near public transportation, shops, and local amenities.
Insight Report Location Intelligence

Current Use by Public Records

Myrtle Avenue Liquors Liquor Store

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Flushing
County
Queens
State
New York
Longitude
-73.888889
Latitude
40.701453

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with retail and residential units in prime location.
Where is this mixed-use property located?
The property is located at 6557 Myrtle Ave Flushing, NY.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: - Strong income potential from a mixed-use property; - Ground-floor retail space is currently leased for $3800 with a 5+ year lease; - Two residential units, each with 3 bedrooms and 1 bathroom, generating rental income of $2400 and $2600 respectively (including water)
More about this property
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