Share This Listing

Message

922 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Vacant Multi-Story Retail Opportunity 57-38 Myrtle Ave 3,800 SF Retail Building Ridgewood, NY 11385 $2,300,000 ($605.26/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Fully built-out, multi-level restaurant/bar delivered vacant
  • Located on high-traffic Myrtle Avenue with strong pedestrian flow
  • Steps from M & L subway lines at Myrtle–Wyckoff Avenues station
  • Recent capital upgrades include new kitchen, ADA restrooms, and roof
  • 1,155 SF of additional air rights for future expansion

EXECUTIVE SUMMARY

RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale of 57-38 MYRTLE AVENUE — in Ridgewood, NY 11385 (the ‘Property’).
57-38 Myrtle Avenue is a three-story 2nd-generation bar/restaurant with air rights, which will be delivered vacant.
The property is located in a C4-3 zoning district, which allows for a wide range of commercial and retail uses, as well as future mixed-use development potential. Situated on Myrtle Avenue—one of Ridgewood’s most active and well-established retail corridors - the property enjoys strong visibility and consistent pedestrian traffic. The surrounding area features a dynamic mix of national retailers such as CVS, Rite Aid, and Chase Bank, alongside popular local restaurants, cafes, and service businesses. The location also offers excellent transit access, just a short walk from the Myrtle–Wyckoff Avenues subway station, served by the M and L lines.
For more information, please contact the exclusive brokers directly.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,800 SF
Building Class
C
Year Built
1931
Price
$2,300,000
Price Per SF
$605.26
Tenancy
Single
Building Height
3 Stories
Building FAR
2.18
Lot Size
0.04 AC
Zoning
C4-3A - Regional commercial center located outside of the central business districts
Frontage
23’ on Myrtle Ave

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 1,550 SF
  • Restaurant
  • In-Line
  • Now

Fully turnkey restaurant/bar space that has undergone extensive upgrades, including a new commercial kitchen, ADA compliant restrooms, upgraded mechanical systems (400 amps, 2” gas lines, 1.5” water)

  • 2nd Floor
  • 950 SF
  • Restaurant
  • In-Line
  • Now

Fully turnkey restaurant/bar space that has undergone extensive upgrades, including a new commercial kitchen, ADA compliant restrooms, upgraded mechanical systems (400 amps, 2” gas lines, 1.5” water)

  • 3rd Floor
  • 1,250 SF
  • Restaurant
  • In-Line
  • Now

Fully turnkey restaurant/bar space that has undergone extensive upgrades, including a new commercial kitchen, ADA compliant restrooms, upgraded mechanical systems (400 amps, 2” gas lines, 1.5” water)

Space Size Space Use Position Available
1st Floor 1,550 SF Restaurant In-Line Now
2nd Floor 950 SF Restaurant In-Line Now
3rd Floor 1,250 SF Restaurant In-Line Now

1st Floor

Size
1,550 SF
Space Use
Restaurant
Position
In-Line
Available
Now

2nd Floor

Size
950 SF
Space Use
Restaurant
Position
In-Line
Available
Now

3rd Floor

Size
1,250 SF
Space Use
Restaurant
Position
In-Line
Available
Now

1st Floor

Size 1,550 SF
Space Use Restaurant
Position In-Line
Available Now

Fully turnkey restaurant/bar space that has undergone extensive upgrades, including a new commercial kitchen, ADA compliant restrooms, upgraded mechanical systems (400 amps, 2” gas lines, 1.5” water)

2nd Floor

Size 950 SF
Space Use Restaurant
Position In-Line
Available Now

Fully turnkey restaurant/bar space that has undergone extensive upgrades, including a new commercial kitchen, ADA compliant restrooms, upgraded mechanical systems (400 amps, 2” gas lines, 1.5” water)

3rd Floor

Size 1,250 SF
Space Use Restaurant
Position In-Line
Available Now

Fully turnkey restaurant/bar space that has undergone extensive upgrades, including a new commercial kitchen, ADA compliant restrooms, upgraded mechanical systems (400 amps, 2” gas lines, 1.5” water)

Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (98)
Bike Score®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Key Food
TD Bank
Bank of America
Chase Bank
Polish & Slavic Federal Credit Union
CTown
Blink Fitness
Flagstar Bank N.A.
Rent-A-Center
World Gym

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03573-0018
Land Assessment
$49,500
Improvements Assessment
$299,620
Total Assessment
$349,120
  • Listing ID: 37841677

  • Date on Market: 9/26/2025

  • Last Updated:

  • Address: 57-38 Myrtle Ave, Ridgewood, NY 11385

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}