$2,400,000
$100K PRICE DROP

Estimated payment $15,369/month

Total Views 16,278
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Welcome to 59-09 71st Avenue in Ridgewood, a standout property ideally located near the subway and a busy shopping district, benefiting from constant foot traffic. Offering over 4,000 square feet, this impressive building features a fully equipped commercial restaurant, making it an excellent opportunity for hospitality operators.
Inside, you'll find a stylish duplex dining area designed for hosting private events, along with additional comfortable seating on the second floor. The first floor is thoughtfully laid out with a modern kitchen, sleek bar, and lively dining space that opens to a covered outdoor patio, perfect for outdoor dining.
The basement adds valuable functionality with two walk-in refrigerators and an additional prep area, supporting efficient restaurant operations.
Beyond the commercial space, the property also includes two residential units: a beautifully renovated one-bedroom duplex apartment and a separate one-bedroom apartment on the top floor, providing great options for owner occupancy or rental income. This property presents a prime opportunity for restaurant owners or investors seeking a high-potential mixed-use asset.

Listing Agent

Marek Sobolewski

Trademarko Realty Inc Brokerage Phone: 718-502-5141 License #10311207231 Listed on: 03/10/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,871

Year Built

  • Built in 1931

Lot Details

  • 2,017 Sq Ft Lot
  • Lot Dimensions are 20x100.83

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Schools

  • Joseph F Quinn Intermediate School 77
  • Grover Cleveland High School

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Legal Lot and Block 45 / 3508
  • Assessor Parcel Number 03508-0045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,871

Year Built

Built in 1931

Lot Details

2,017 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Triplex
  • Year Built: 1931
  • Attribution Contact: 718-502-5141
  • Carport Y N: No
  • CurrentPrice: 2400000.00
  • MlsMajorChangeType: Price Decrease
  • ListPrice_By_OriginalListPrice: 0.96000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Other
  • Basement: Unfinished
  • Fireplace: No
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Parking Description: Off Street

Utilities

  • Cooling: Central Air, Ductless
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Joseph F Quinn Intermediate School 77

Lot Info

  • Lot Dimensions: 20x100.83
  • Lot Size Sq Ft: 2017
  • Parcel Number: 03508-0045
  • Property Attached: Yes
  • Additional Parcels: No

Multi Family

  • Units Total: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 28871.12
  • Tax Block: 3508
  • Tax Lot: 45
  • Tax Year: 2026

MLS Schools

  • High School: Grover Cleveland High School
  • Middle School District: Queens24

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $27,149 $273,780 $35,100 $238,680
2025 $26,577 $252,270 $35,100 $217,170
2024 $26,577 $250,920 $35,100 $215,820
2023 $26,625 $251,370 $35,100 $216,270
2022 $25,893 $240,750 $35,100 $205,650
2021 $22,618 $211,500 $35,100 $176,400
2020 $27,540 $279,450 $35,100 $244,350
2019 $26,154 $264,150 $35,100 $229,050
2018 $25,620 $228,328 $34,290 $194,038
2017 $23,708 $210,277 $34,020 $176,257
2016 $20,588 $210,277 $34,020 $176,257
2015 $12,102 $174,997 $33,750 $141,247
2014 $12,102 $167,437 $33,750 $133,687
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/09/2026 04/09/26 Price Changed $2,400,000 -4.0% --
03/10/2026 03/10/26 For Sale $2,500,000 -- --
Source: OneKey® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $875,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $20,455 Commercial
Closed $525,000 Commercial
Closed $50,000 Commercial
Source: Public Records

Source: OneKey® MLS

MLS Number: 970026

OneKey® MLS

APN: 03508-0045

Your Personal Tour Guide

Ask me questions while you tour the home.