Ridgewood, Northwestern Queens, Queens

Welcome to 55-27 Myrtle Avenue, a building located in Ridgewood, Northwestern Queens, Queens in Ridgewood, NY. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1915. From what we gather, there are 50 residential units. Tenants may find it interesting to learn that this building has been designated as a landmark. That's pretty cool! The building landmark name is INDIVIDUAL LANDMARK. In total, the building area is listed as 54,166 square feet. To break it down, the depth of the building was measured at 65 square feet and the front is listed as 40 square feet. In comparison, the lot area is listed as 17,746 square feet. The depth of the property lot was measured at 100 square feet and the front at 40 square feet. The building itself has 54,166 square footage of total floor area. Out of that, 40,527 square footage of floor area is residential. The rest of the space could be utilized as commercial, garage, factory, or alternative use space. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but essentially heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 55-27 Myrtle Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Moving on to what we know about the features and amenities in this building. While there is no garage access for residents, this is pretty standard for New York and you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. Are you a fan of fireplaces? Good news! This property has one single fireplace. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.

55-27 Myrtle Avenue was most recently sold on Jul 25, 2013 for $6,950,000. The market value for the land that the building sits on has been listed at $1,260,000. In addition, improvements upon the building have an added value of $8,153,000. In total, the total market value of the property as a whole is $9,413,000. This may be less relevant information, but according to local assessors, the total value of the building is currently valued at $4,236,300. Specifically, the value of the land that the property sits on has been assessed at $567,000. The building was last assessed in 2019.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Ridgewood area have a median price of $2,800. Those in the 25th percentile, have a price around $2,400. While those in the 75th percentile, have a price around $3,208. Typically, the buildings in this area have a median sqft of 800. That means that the median price per sqft is around $39. In other words, the price per sqft for buildings in the 25th percentile is $31. While the price per sqft for buildings in the 75th percentile is $43. As a breakdown, we've included the following stats:

- There are currently a total of 3 studio listings. The median price for these types of listings is $2,300. That's $39.43 price per sqft.
- There are currently a total of 10 one bedroom listings. The median price for these types of listings is $2,129. That's $30.98 price per sqft.
- There are currently a total of 30 two bedroom listings. The median price for these types of listings is $2,613. That's $48.12 price per sqft.
- There are currently a total of 23 three bedroom listings. The median price for these types of listings is $3,000. That's $38.18 price per sqft.
- There are currently a total of 15 four bedroom listings. The median price for these types of listings is $3,400. That's $40.80 price per sqft.

55-27 Myrtle Avenue is located in 11385. There are 103,372 people living here. There are 34,919 households. Most of these households have an average family size of 3.48 people. According to the census, 69% are currently renting while 31% own their homes. The median age of this population is around 35.3 years old. On average, most folks in the zipcode are unmarried. About 56% of folks speak a language other than English in this area. The area's employment rate is currently around 62.2%. Speaking of employment, the median income is $60,526. Most folks will commute by public transportation for around 38.8 minutes. Finally, we know that 33% of residents in the area have graduated with their high school degree. Additionally, 16% and 8% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Queens County, New York has a population of 2,310,011 people. Based on census records, there are 779,304 registered households. Families in this area are on average made up of 3.57 people per household. Most folks are unmarried. They are also typically around 37.9 years old. Does diversity matter to you? Right now, 56% of folks speak a language other than English here. About 56% rent while 44% purchased their homes. Right now, the community is made up of 27% of residents who have graduated with at least a high school degree. On top of that, 19% have a Bachelor's degree and 11% have a Master's degree. The employment rate is currently around 59.3%. Those employed, have a median income of $59,758.

Finally, let's take a look at the stats related to New York - Newark, NY - NJ - CT Urban Area. The urban area is home to 18,812,161 people. A total of 6,707,347 households are registered here. With average family sizes being listed at 3.42 people. About 25% of residents have graduated with a high school degree. Of the rest, 22% have their Bachelor's and 16% have their Master's degree. Folks speaking a language other than English, make up about 40% of the population. Speaking of your commute, 59.7% of people in this area are employed. The recorded median income is currently at $68,319 per year. The median population age has been listed at 37.8 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 50% of the population while homeowners are at about 50% of the population.