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75-21 Myrtle Avenue Glendale, NY 11385
$1,695,000
  • For Sale
  • 5 Bedrooms
  • 3 Full Baths
  • Year Built 1920
  • Multi Family
  • ML# 899003

Property Details

Overview

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.

Key Facts

  • Lot Size: 0.0463
  • Lot Sq Ft: 2015
  • Taxes: $8,774

Additional Features

  • Construction Materials: Brick
  • Interior Features: 
    First Floor Bedroom
  • Garage: Yes
  • Garage: 2.0

Rooms & Floor Plans

  • Bedroom: 5
  • Full Bath: 3

Interior & Utilities

  • Heat: Natural Gas
  • A/C: Wall/Window Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $8,774
Listing Information provided courtesy of Jamie Realty Group  718-886-0668
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