Property profile

58-25 Myrtle Ave Queens, NY 11385

OFF-MARKET
Retail properties & Spaces
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm

Location

58-25 Myrtle Ave Queens, NY 11385
Queens metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 58-25 Myrtle Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message