69-06 Myrtle Ave Queens, NY 11385
This exceptional 1,500-square-foot commercial property, located at 69-06 Myrtle Avenue in Glendale, Queens County, NY, presents a unique investment opportunity. Situated in the Ridgewood submarket cluster, this single-tenant space boasts a prime location with high foot traffic. The property is classified as Retail, Office, and Restaurant, making it suitable for a variety of uses. The building features two stories, with the entire 1,500 square feet currently vacant and ready for immediate occupancy. There is no on-site parking. The building does not include elevators. A significant advantage is the inclusion of a finished basement and a backyard, offering additional space and potential for expansion or outdoor use. The cross street is 69th Street, and the zip code is 11385. This property is ideal for a business seeking high visibility and accessibility in a thriving commercial area. The building's versatile nature and desirable location make it an attractive prospect for entrepreneurs and investors alike. The property's strong location and features make it a compelling opportunity in the competitive Queens market. This is a rare chance to secure a well-positioned commercial space in a high-demand area.
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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
Similar Nearby for Sale
Similar Nearby for Lease
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.