75-21 Myrtle Avenue, Glendale, NY, 11385
$1,695,000
Multi Family
For Sale
5 Beds
, 3 Full Bath
Details
ML#: 899003
- # of Families: 3
- Year Built: 1920
- Taxes: $8,774
- Status:Active
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.
More Property Details
Bedroom: 5
Full Bath: 3
Lot Size: 0.0463
Lot Sq Ft: 2015
Garage: Yes
Garage: 2.0
Heat: Natural Gas
A/C: Wall/Window Unit(s)
Water: Public
Sewer: Public Sewer
Taxes: $8,774
Listing Information provided courtesy of
Jamie Realty Group
718-886-0668