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5909 71st Ave 4,373 SF Vacant Retail Building Ridgewood, NY 11385 $2,499,000 ($571.46/SF)

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EXECUTIVE SUMMARY

Welcome to 59-09 71st Ave, Ridgewood — a prime mixed-use opportunity in a high-demand corridor near public transportation and a bustling shopping district with consistent foot traffic.
* Restaurant-ready commercial setup
* The ground-level commercial space is fully built out for a restaurant and designed to support real volume and events. The restaurant spans approximately 1,600 SF with a duplex dining layout that’s ideal for private parties, plus a stylish bar and contemporary kitchen that create a turnkey feel for an operator ready to go.
*Downstairs, the basement is set up for prep and storage, featuring a prep kitchen and two walk-in freezers—a huge advantage for inventory, catering, and high-throughput service.
* Above the commercial component are two residential rental units, offering additional income and flexibility for an investor or owner-user.
* Spanning over 4,000 square feet overall, this property combines a restaurant-forward commercial buildout with residential rent roll—an ideal Ridgewood asset for buyers looking for both cash flow and a true operator-ready setup. DELIVERED VACANT !

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,373 SF
Building Class
C
Year Built/Renovated
1931/2012
Price
$2,499,000
Price Per SF
$571.46
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.01
Lot Size
0.05 AC
Zoning
R6B - Medium density residential district
Frontage
20’ on Myrtle Ave

AMENITIES

  • Bus Line
  • Courtyard
  • Restaurant
  • Security System
  • Air Conditioning
  • Balcony

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • Basement
  • 600 SF
  • Restaurant
  • In-Line
  • Now

Combined Restaurant Space for Lease in Trendy Ridgewood Neighborhood! Seize the opportunity to lease this prime restaurant space in the vibrant Ridgewood area. Ideally located close to public transportation and benefiting from high foot traffic, this space is perfect for a thriving culinary venture. The restaurant spans 1600 square feet and is fully equipped with a stylish bar, a state-of-the-art kitchen, and a duplex dining area perfect for hosting private parties. The basement features a prep kitchen with two walk-in freezers, ensuring seamless operations. Additionally, there's a charming 600-square-foot covered outdoor seating area, ideal for alfresco dining. This opportunity won't last-act fast and make your culinary dreams come true in this sought-after location!

  • 1st Floor
  • 1,600 SF
  • Restaurant
  • In-Line
  • Now

Combined Restaurant Space for Lease in Trendy Ridgewood Neighborhood! Seize the opportunity to lease this prime restaurant space in the vibrant Ridgewood area. Ideally located close to public transportation and benefiting from high foot traffic, this space is perfect for a thriving culinary venture. The restaurant spans 1600 square feet and is fully equipped with a stylish bar, a state-of-the-art kitchen, and a duplex dining area perfect for hosting private parties. The basement features a prep kitchen with two walk-in freezers, ensuring seamless operations. Additionally, there's a charming 600-square-foot covered outdoor seating area, ideal for alfresco dining. This opportunity won't last-act fast and make your culinary dreams come true in this sought-after location! ASKING $15,000/month

Space Size Space Use Position Available
Basement 600 SF Restaurant In-Line Now
1st Floor 1,600 SF Restaurant In-Line Now

Basement

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

1st Floor

Size
1,600 SF
Space Use
Restaurant
Position
In-Line
Available
Now

Basement

Size 600 SF
Space Use Restaurant
Position In-Line
Available Now

Combined Restaurant Space for Lease in Trendy Ridgewood Neighborhood! Seize the opportunity to lease this prime restaurant space in the vibrant Ridgewood area. Ideally located close to public transportation and benefiting from high foot traffic, this space is perfect for a thriving culinary venture. The restaurant spans 1600 square feet and is fully equipped with a stylish bar, a state-of-the-art kitchen, and a duplex dining area perfect for hosting private parties. The basement features a prep kitchen with two walk-in freezers, ensuring seamless operations. Additionally, there's a charming 600-square-foot covered outdoor seating area, ideal for alfresco dining. This opportunity won't last-act fast and make your culinary dreams come true in this sought-after location!

1st Floor

Size 1,600 SF
Space Use Restaurant
Position In-Line
Available Now

Combined Restaurant Space for Lease in Trendy Ridgewood Neighborhood! Seize the opportunity to lease this prime restaurant space in the vibrant Ridgewood area. Ideally located close to public transportation and benefiting from high foot traffic, this space is perfect for a thriving culinary venture. The restaurant spans 1600 square feet and is fully equipped with a stylish bar, a state-of-the-art kitchen, and a duplex dining area perfect for hosting private parties. The basement features a prep kitchen with two walk-in freezers, ensuring seamless operations. Additionally, there's a charming 600-square-foot covered outdoor seating area, ideal for alfresco dining. This opportunity won't last-act fast and make your culinary dreams come true in this sought-after location! ASKING $15,000/month

Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (96)
Bike Score®
Very Bikeable (74)
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
Western Beef
World Gym
Flagstar Bank N.A.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03508-0045
Land Assessment
$35,100
Improvements Assessment
$217,170
Total Assessment
$252,270
  • Listing ID: 32559836

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 5909 71st Ave, Ridgewood, NY 11385

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