Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

5723 Myrtle Ave Ridgewood, NY 11385

FOR LEASE
Retail space
Property ID
US63-2636722
13,218 SF 0.3 ac lot Built 1954
Last sale Apr 2026 · $6,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property is a retail space intended for leasing, located at 57-23 Myrtle Avenue in Ridgewood, New York 11385. The provided information does not specify the unit size, floor layout, storefront frontage, or interior finishes, and those elements—including building access points, parking availability, cross-streets, and neighboring uses—should be verified through a site inspection and review of the leasing materials to confirm configuration and any site-ready requirements. As a neighborhood…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$113k
Tax billed · 2024
Assessed value$1.07M
Assessed land$644k
Assessed improvement$428k
Effective rate10.59%

Value estimate

· Nov 2026
$6.08M
$5.47M – $6.69M
AI approach$5.16M
CAP approach$3.63M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$741/SF
Submarket average, outlier-cleaned · 185 recorded sales of this use type
Observed band · Q1–Q3$448 – $1,322
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C4-3A
This district comprise the City major and secondary shopping and business centers, which provide for shopping needs and services over a w...
General categoryCOMMERCIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm87.4
Realty agency67.1
Parking Facility34.3

Location

5723 Myrtle Ave Ridgewood, NY 11385
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
749 Wyckoff, Flushing, NY 11385-2731 $37,000,000 Aug 2025 7,621 SF
5420 Myrtle, Flushing, NY 11385-3453 $37,000,000 Aug 2025 6,400 SF
6113 Metropolitan, Flushing, NY 11385 $15,478,060 Aug 2024 13,482 SF
583 Grandview, Flushing, NY 11385-2453 $8,662,500 Feb 2024 10,000 SF
6642 Fresh Pond, Flushing, NY 11385-3245 $8,000,000 Jul 2021 21,700 SF
6401 Fresh Pond, Flushing, NY 11385-3330 $2,700,000 Jan 2021 20,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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