59-09 71st Avenue, Ridgewood, NY, 11385
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.
Getting Around
Walker's Paradise
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1931
Materials
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Triplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Features
- Other
- Attic: None
Heating & Cooling
- Heating features: Other
- Cooling features: Central Air,Ductless
Property
Details
- Parcel number: 035080045
- Attached to another structure: Yes
- Special condition: None
Lot
- Lot size: 2,017 sqft
- Lot size dimensions: 20 x 100.83
Parking
- Parking features: Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Queens County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $12,135 | $145,620 |
| Home Insurance * | $633 | $7,596 |
| Property Taxes | $1,500 | $18,000 |
| Electricity | $246 | $2,954 |
| Total | $14,514 | $174,168 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-09 | Price change | $2,400,000 |
| 2026-03-11 | Listed for sale | $2,500,000 |
| 2026-02-01 | Listing removed | $2,500,000 |
| 2025-10-23 | Listed for sale | $2,500,000 |
| 2025-05-14 | Listing removed | $2,499,000 |
| 2024-11-25 | Listed for sale | $2,499,000 |
View on Zillow