75-21 Myrtle AVE new

Glendale,NY 11385

$ 1695000

5 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 899003

Bedrooms 5

Full Baths 3

Year Built 1920

Annual Tax Amount $8,774

Lot Size 2,016 Sqft

Property Sub-Type Triplex

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%. 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.

Location

State NY

County Queens

Interior

Heating Natural Gas

Cooling Wall/Window Unit(s)

Exterior

Garage Spaces 2.0

Utilities Available None

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None

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