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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

56-34 Myrtle Ave Queens, NY 11385

5,600 SF
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located at 56-34 Myrtle Avenue in the vibrant Ridgewood neighborhood of Queens, New York. The property offers a total of 5,600 square feet of divisible retail space, with three individual units currently available, ranging in size to accommodate various business needs. The flexible layout allows for customization to suit a wide range of retail concepts. The building is zoned C4-3A, providing ample flexibility for permitted uses. This prime location boasts excellent visibility and high foot traffic, situated between Cornelia Street and Hancock Street. Its proximity to the Seneca Avenue M train station and the Q55 bus line ensures easy accessibility for customers and employees. The area is densely populated and features a strong mix of established businesses and residents. Nearby prominent tenants include Rainbow, GNC, Dunkin', UCrew, Rite Aid, CTown Supermarket, Blink Fitness, Taco Bell, Shop Fair Supermarket, Walgreens, Milk & Pull, Rolo's, Carter's, and TD Bank, creating a thriving commercial environment. This property presents a unique chance to establish or expand a retail presence in a highly desirable and well-connected Queens location. The address is 56-34 Myrtle Avenue, Queens, NY 11385, in Queens County.

Property profile
Verified
Property type Retail properties & Spaces
Total area 5,600 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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