75-21 Myrtle Avenue, Glendale, NY 11385

$1,695,000
5
BD
3
BA

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List Price
$1,695,000
Status
ACTIVE
Bedrooms
5
Bathrooms
3
MLS#
899003

Property Description

Welcome to 75-21 Myrtle Avenue, a 3 family mixed-use property located in the vibrant Glendale neighborhood, known for its high foot traffic and strong rental demand. This semi-attached brick building offers a prime investment opportunity with a current annual rental income of $123,000 and a cap rate of 6.25%. The property features two spacious 2 bedroom apartments over a 1 bedroom apartment, plus a commercial storefront on the ground level. An attached 2 car garage adds additional value and convenience. With its solid rent roll and desirable location, this multi-family mixed-use asset is ideal for investors seeking immediate income in one of Queens’ thriving commercial corridors.

Additional Information

Lot Size
2015
Basement
Partially Finished
Finished Basement
P
Garage Spaces
2
Year Built
1920
Taxes
$8,774
Heating
Natural Gas
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Davin Dubon (davind.re.agent@gmail.com) from Listing Office: Jamie Realty Group.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.