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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

56-40 Myrtle Ave Queens, NY 11385

4,000 SF
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity presents 1,600 square feet of vacant space for lease in a thriving Ridgewood, Queens location. Situated on Myrtle Avenue between Cornelia Street and Hancock Street, this partial lower level space is part of a larger 4,000 square foot building on a 2,029 square foot lot. The maximum contiguous space available is 3,600 square feet, offering flexibility for expansion depending on tenant needs. The property is zoned C4-3A, allowing for a variety of retail uses. This vibrant area boasts a high concentration of foot traffic and is anchored by a strong mix of national and local businesses, including Walgreens, Dunkin', Popular Bank, Food Bazaar, Evil Twin Brewing, Dollar Tree, Rite Aid, Blink Fitness, Capital One, TD Bank, Chase Bank, and Peet's Coffee. The location offers excellent accessibility with proximity to the M train at Seneca Avenue and the Q55 bus line, ensuring convenient access for both employees and customers. This is an ideal space for a business seeking high visibility and a strong customer base in a bustling commercial district of Queens County, New York, zip code 11385. The property is a single-tenant space.

Property profile
Verified
Property type Retail properties & Spaces
Total area 4,000 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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