58-25 Myrtle Ave, Queens, NY 11385
This exceptional 500-square-foot commercial space is ideally situated at 58-25 Myrtle Avenue in the vibrant Ridgewood neighborhood of Queens, New York. The property is classified as both retail and office space, offering versatile usage options for a single tenant. Its location between Forest Avenue and Onderdonk Avenue provides excellent visibility and accessibility. The property benefits from its proximity to the Forest Avenue M train station, ensuring convenient public transportation for both employees and customers. Numerous bus lines, including the Q55, Q39, B38, and B20, also serve the area, further enhancing accessibility. The surrounding area boasts a thriving commercial environment, with a diverse range of established businesses as neighbors. These include well-known national chains such as Taco Bell, Walgreens, and Mattress Firm, as well as local favorites like Rudy's Pastry Shop, Mr Sushi, and Dada. This high-traffic location, coupled with the presence of numerous banks, pharmacies, and other essential services, creates a strong foundation for a successful business venture. The property's zip code is 11385, and its precise coordinates are 40.7006093 latitude and -73.9004009 longitude. This presents a unique opportunity for a business seeking a well-located, single-tenant space in a bustling Queens neighborhood.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.