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Two-Building Mixed-Use Property
For Sale
$2,800,000

7935 Myrtle Avenue, Ridgewood, NY 11385

Two ground-floor offices and four apartments provide commercial and residential space across the property.

Property Size2,600 SF
Price / SF$1,076
Days on Market117

Property Features for 7935 Myrtle Avenue

General Information

Standard status Active
Size 2,600 SF
Total Parking Spaces 6
Property subtype Commercial
Zoning R5B

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 2 x one-bedroom, 2 x three-bedroom
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $7,382

Building Details

Building Size 2,600 SF
Year Built 1935
Buildings 2
Units 3
Listing Agency: Crifasi Real Estate Inc
Listed By: Salvatore Crifasi · License #31CR0315651
Source: Croninreale
Added: Jul 1 Changed: Oct 23 Last Checked: Oct 23 at 9:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crifasi Real Estate Inc

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Investment Insights

Based on property information with market context.

This mixed-use offering includes two buildings with a combined 2,600 square feet. Each has a ground-floor office and a full basement. The residential component comprises two one-bedroom apartments and two three-bedroom apartments. One office and one three-bedroom apartment are scheduled to be vacant at closing. The property was built in 1935 and is zoned R5B.

A private driveway and rear parking area accommodate up to six vehicles. Myrtle Avenue is described as a high-traffic corridor, with shopping, restaurants, public transportation, and major thoroughfares nearby.

Key Highlights

  • Two mixed‑use buildings with 2,600 square feet combined
  • Two ground‑floor offices and four apartments: two one‑bedroom and two three‑bedroom units
  • One office and one three‑bedroom apartment to be vacant at closing

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Parking Lot & Garage Gym & Fitness Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,176
Businesses Nearby

Demographics for 11385, NY

100,883
Population
40,175
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
28,023
Density / Sq Mi
$87,365
Median Household Income
$47,335
Median Earnings
$1,959
Median Rent
$842,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two ground-floor offices and four apartments provide commercial and residential space across the property.
Where is this mixed-use property located?
The property is located at 7935 Myrtle Avenue Ridgewood, NY.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Two mixed‑use buildings with 2,600 square feet combined; Two ground‑floor offices and four apartments: two one‑bedroom and two three‑bedroom units; One office and one three‑bedroom apartment to be vacant at closing
More about this property
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