54-37 Myrtle Avenue
Ridgewood, Queens
Parcel ID (BBL): 4034450001
Built: 2022
SF: 13,921
Dwelling units: 0
No. of buildings: 0
Class: Stores, Apartments Above (K4)
Floors: 17
Transactions:
• Arch Companies borrowed $75 million from Madison Realty Capital for 54-31 Myrtle Avenue, 54-21 Myrtle Avenue, 3-36 St Nicholas Avenue, 3-50 St Nicholas Avenue, and 16-37 Woodbine Street, Ridgewood, Queens on March 01, 2021.
• AB Capstone sold 3-50 St. Nicholas Avenue, 54-31 Myrtle Avenue, 54-21 Myrtle Avenue, 13210 St Nicholas Avenue, 18323 St Nicholas Avenue, 16-37 Woodbine Street, Ridgewood, Queens for $0 to Target Corporation on December 20, 2019.
Development:
• Andrew Horan filed plans for alteration in Ridgewood, Queens, on April 28, 2021.
• William Knight filed plans for alteration in Ridgewood, Queens, on February 27, 2018.
• William Knight filed plans for alteration in Ridgewood, Queens, on March 12, 2018.
• Meir Babaev filed plans for alteration in Ridgewood, Queens, on October 30, 2019.
• Meir Babaev filed plans for demolition in Ridgewood, Queens, on July 06, 2020.
Litigation:
• Goran Milutinovic filed a $150,000 lawsuit on April 15, 2021,seeking a money judgment related to lease buyoutat 54-31 Myrtle Avenue.
• Jack Srour filed a $150,000 lawsuit against Arch Companies and AB Capstone on April 15, 2021,seeking a money judgment related to lease buyoutat 54-31 Myrtle Avenue.
Violations:
According to city public data, the properties have received one DOB violation in the last year.