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60-80 Myrtle Avenue RIDGEWOOD, NY 11385

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60-80 Myrtle Avenue RIDGEWOOD, NY 11385 ~15,000 SF RETAIL CONDO RETAIL SPACE WITH 120’ OF FRONTAGE IN RIDGEWOOD, QUEENS, NY 60-80 Myrtle Avenue RIDGEWOOD, NY 11385 120’ OF FRONTAGE PROPERTY FEATURES RETAIL CONDO INFORMATION ADDRESS RANGE Located on the south side of Myrtle Ave LOT FRONTAGE 120 FT b/t Decatur St and Fresh Pond Rd ON-GRADE SQUARE FOOTAGE 14,509 SF in Ridgewood, Queens, NY. BASEMENT 4,804 BLOCK 3590 ESTIMATED CONDO CHARGES $65,000 LOT 7 (retail unit to be formed) ASSESSMENT (18/19) $960,000 Tax Class 4 LOT DIMENSIONS 120' x 112.85' IRR ICAP BENEFIT* $500,000 LOT SIZE 17,400 SF TAX RATE (17/18) 10.514% ZONING R6B, C2-4, M1-4D FULL TAXES (18/19) $100,934 STORIES 1 ABATED TAXES (18/19) $48,364 UNITS 3 *25 Year ICAP abatement Note: All square footages are approximate All units will benefit from a 25 year ICAP tax abatement. The property also provides easy DESCRIPTION accessibility to the M & L subway lines, and is a stone’s throw away from the B20 bus stop at Decatur Street and Myrtle Avenue. JLL has been retained on an exclusive basis to arrange for the sale Ridgewood, Queens has quickly established itself as one of Queens’ most rapidly evolving of 60-80 Myrtle Avenue, a nearly 15,000 SF retail condo situated in neighborhoods. Just east of the hustle and bustle of Long Island City, Greenpoint, and the heart of Ridgewood, Queens. The subject property is comprised Williamsburg, Ridgewood offers virtually the same convenience and entertainment options of two (2) retail units and one (1) community facility space, together as its neighbors to the west, coupled with an added affordability component, which has offering 120 feet of frontage along the Myrtle Avenue retail corridor. resulted in a recent influx of young professionals and families alike. 60-80 Myrtle Avenue Two of the three spaces will be delivered vacant, with the third space offers investors the opportunity to own a significant retail presence along a highly trafficked (currently occupied by TELCO) delivered vacant as well upon request. corridor in one of New York City’s emerging submarkets. Stephen Palmese Brendan Maddigan Ethan Stanton ASKING PRICE: $6,950,000 Vice Chairman Vice Chairman Managing Director 212 915 7233 212 915 7234 212 915 7237 [email protected] [email protected] [email protected] For more information Michael Mazzara Winfield Clifford Michael Lipman or inspection, please Managing Director Managing Director Associate 212 915 7235 212 915 7236 212 915 7242 contact Exclusive Agents: [email protected] [email protected] [email protected] DISCLAIMER: Although information has been obtained from sources deemed reliable, neither Owner nor JLL makes any guarantees, warranties or representations, express or implied, as to the completeness or accuracy as to the information contained herein. Any projections, opinions, assumptions or estimates used are for example only. There may be differences between projected and actual results, and those differences may be material. The Property may be withdrawn without notice. Neither Owner nor JLL accepts any liability for any loss or damage suffered by any party resulting from reliance on this information. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. ©2019. Jones Lang LaSalle IP, Inc. All rights reserved 60-80 MYRTLE AVENUE FLUSHING, NY 11385 PROPERTY PHOTOS 60-80 MYRTLE AVENUE FLUSHING, NY 11385 FLOOR PLANS VERTICAL EXTENSION AND FIRST FLOOR COMBINING OF 3 EXISTING MIXED USE BUILDINGS 60-80 - 60-84 MYRTLE AVE RIDGEWOOD N.Y. 11385 B A-010 Architects 100'-0" LOT ADJACENT 2-STORY BRICK EXISTING DN MICHAEL AVRAMIDES 319 East 50th Street 6'-10" 3 97'-3 8" " 2 New York, NY 10022 1 " LOT 8 5 15'-10 EXISTING RETAIL SPACE [email protected] 14 OCCUPIED 18'-2 " 2 T 212-755-5111 x200 NO WORK 1 11'-4 C 917-855-8111 TO CELLAR " 2 1 EXISTING ACCESS RAMP 2'-2 RAMP RAMP 1 2" 25'-9 6'-1" 13 3 8" 97'-11 LOT BEAM ABOVE RAMP @12'-0" A.F.F 6'-4" EXISTING RETAIL SPACE 60'-0" B - BUSINESS USES INTENDED FOR OCCUPIED 1 NO WORK MINIMUM NUMBER OF PLUMBING FIXTURES REQUIRED 2" 13 AMBULATORY HEALTH CARE FACILITIES " 66'-9 8 7 TABLE 403.1 (NYC PLUMBING CODE) 1018.75 SQ.FT. 6'-2 31'-9" TO CELLAR B - BUSINESS " OCCUPANCY AS PER T.1004.2: 8 1 100 GROSS / OCCUPANT EXISTING ACCESS · W.C. (FOR EACH SEX) 1'-3" 30'-4 1018.75/ 100 = 10 PERSONS (1 FOR 1-20 PERSONS ) 03 ACTUAL NUMBER OF OCCUPANTS = 10 EXIST.SKYLIGHT EXIST.SKYLIGHT EXIST.SKYLIGHT ABOVE ABOVE ABOVE 1 REQUIRED FOR EACH SEX 1 " 8 5 1 8'-8 · LAVATORIES (FOR EACH SEX) 1 (1 FOR 1-25 PERSONS ) 102'+46' = 148' ACTUAL NUMBER OF OCCUPANTS = 10 TOTAL TR. DISTANCE. 1 REQUIRED FOR EACH SEX MAX. ALLOWED TR. DISTANCE = 200'-0" 3 AS PER TABLE 1016.1 21'-10 8" 6'-0" · DRINKING FOUNTAINS: 3'-4" SERVICE DRINKING (1 FOR 100 PERSONS) SINK FOUNTAIN 8" ACTUAL NUMBER OF OCCUPANTS = 10 FD/AD UP " EXIST.ROOM 5 2 C 1 10 < 1000 = 1 REQUIRED. 24" R3'-0" EXIST.TOLET 36" 3'-2" A-011 TEMPERED " GLASS DOOR 8 6'-1 1 EXISTING OPENING 9" 3 46' TD UP 19 R.@7 4" 01 · SERVICE SINK: " 4'-8" 4'-2 UNISEX TO BE BLOCKED UP 1 2 3'-0" 36" 11'-0" 5'-6" 12'-8 4" 5'-6" 1 (1 REQUIRED) 5'-0" HC TOILET 100 CFM W/ MASONRY 3'-9 mv S.A/C.M. LOT C 120'-0" mv 01 A-011 100 CFM 6'-0" CORRIDOR 5'-0" UNISEX 1 TEMPERED 36" 36" GLASS DOOR SF-1 EXIT DOOR CAPACITY: HC TOILET 102' TD EXIT 36" 100 5'-0" 5'-0" 3 F. P. S. C. 1 1/2 H.R CFM 0.2" SHALL BE PROVIDED PER 1 OCCUPANT. 7'-4" 17'-2" 100'-0 8" 1 EFTR-2 ACTUAL NUMBER OF PERSONS = 10/ 1 = 10 AS BUILT - 10/17/17 F. P. S. C. 1 1/2 H.R 10 X 0.2" = 2" EXIST.SKYLIGHT EXIST.SKYLIGHT CLG. HT.@ 12'-0" No. Description Date ABOVE ABOVE 36" MIN. DOOR WIDTH = 13.6" EXISTING RETAIL SPACE #3 PROVIDED DOOR WIDTH = 36 OK 1 1 EXIT 7490.28 SQ.FT. NET T.1015.1, SPACES WITH 1 EXIT DOOR ONLY: (30 NET / OCCUPANT as per T.1004.2) 14'-0" BUSINESS = MAX. 74 PERSONS PROPOSED 1 EXITS = 250 PERSONS 25 MINIMUM NUMBER OF PLUMBING FIXTURES REQUIRED TABLE 403.1 (NYC PLUMBING CODE) " 8 3 · C - MERCANTILE 1 114'-7 " W.C. (BOTH SEXES) 42'-9 " 8 8 1 7 7 LOT (1 PER 500 ) 1 DOB EXAMINER SIGNATURE: 8" 1'-2 ACTUAL NUMBER OF OCCUPANTS = 250 29'-9 250/ 500 = 1 REQUIRED. 103' TD EXIT DOOR CAPACITY: 01 0.2" SHALL BE PROVIDED PER 1 OCCUPANT. " · LAVATORIES (BOTH SEXES) 8 5 ACTUAL NUMBER OF PERSONS =250/ 1 = 250 60'-0" (1 PER 750 ) 250X 0.2" = 50" ACTUAL NUMBER OF OCCUPANTS = 250 1 MIN. DOOR WIDTH = 50" 11'-10 250 / 750 = 1 REQUIRED. 103' + 93' = 196' PROVIDED DOOR WIDTH = 72"&36" OK ALUM. STORE SAFETY GLASS FRONT WINDOWS & DOORS WITH TOTAL TR. DISTANCE. TO CELLAR · DRINKING FOUNTAINS: MAX. ALLOWED TR. DISTANCE = 200'-0" T.1015.1, SPACES WITH 1 EXIT DOOR ONLY: (1 FOR 1000 PERSONS) 93' TD EXISTING ACCESS 3RD FLOOR AS PER TABLE 1016.1 MERCANTILE = MAX. 74 PERSONS ACTUAL NUMBER OF OCCUPANTS = 250 EL. 102.96' 1 EXISTING 2 EXITS 1" 250 < 1000 = 1 REQUIRED. E 43'-10 2" 1 A-002 36" AUTOMATIC AUTOMATIC AUTOMATIC 2'-8" 2'-8" 2'-8" E OPERABLE WINDOW OPERABLE WINDOW OPERABLE WINDOW · SERVICE SINK: 1 A-002 4 15'-0" 11'-4" 10'-6 2" NOTE: UNOBSTRUCTED (1 REQUIRED) 04 04 04 UP 21 R.@71 " 2 AISLE 3'-0" MIN. WIDTH 10 2'-8" EXIST.SKYLIGHT EXIT ABOVE " LEADING TO EXITS SHALL 5'-0" 5'-0" 5'-0" 2 1 BE PROVIDED AND 36" OPEN TO ABOVE SINK MAINTAINED C.H.@ 22'-4" 11'-9 5'-0" 5'-0" 5'-0" S.A/C.M. 10'-3" 2ND FLOOR " 09 8 " 12" DROPPED SOFFIT 8 DW PROPOSED RECREATIONAL 7 BICYCLE PARK. EL. 92.63' 3 LIVING /DINING ROOM 3'-0" ADJ. HEIGHT " SPACE FOR RESIDENCES WORK SURFACE (2 SPACES) 8 172.9 SQ.FT. 9'-0" 3 1 11'-2 ILLUM.REQ. 17.3 SF 2 17'-1 (INCIDENTAL OCCUPANCY 5'-0" 55'-0 " PROVIDED 25.00 SF 22'-4" 1 ) VENT.REQ. 8.65 SF 36" FAI 22'-5 331.72 SQ.FT. mv (27.00 SF) PROVIDED 12.50 SF 4 " KITCHENETTE 8 60 CFM S.1004.1 RESIDENTIAL OCCUPANT LOAD 7 REF F. P. S. C. DOB BSCAN sticker: ALUM. STORE SAFETY GLASS 15 NET (SAME AS GYMNASUIMS) / PER 1 1/2 H.R FRONT WINDOWS & DOORS WITH RECREATION BEDROOM LIVING/DINING PERSON USING THE RECREATION SPACE 2'-3 331.72 SF / 15 = 22 PERSONS TO REMAIN 1 MAIL 14'-8" 5'-0" 23'-0" 31'-10 2" S.A/C.M. APT.1A UNLOCKED SPACE ROOM REMOVABLE 1'-6" BASE CAB. " " mv 8 DRINKING FOUNTAIN 416.50 SQ.FT. 36" 8 6'-0" RAMP 7 SERVICE 36" 36" 7 50 CFM 5'-0" 36" F. P. S. C. LOBBY BATH 1 1/2 H.R AUTOMATIC DOOR 4'-4" SLOPE 1:12 36" 12 F. P. S. C. SINK TUB 1 1/2 H.R AND POWER DOOR 01 PEEP HOLE 5'-3 1 1/2 H.R 1 1/2 H.R 1 OPENER TO REMAIN 5'-7 AC-2 TEMPERED 3'-2" 6" F.
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