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Listed price in listed location currency (USD).
$1,610,000

532

MLS® 1050468

Overview

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage Yes
Taxes $9,188
Days Active 0
Lot Size 2015 SF
Approx. Age 1920
MLS® Number 1050468

Property Address: 75-21 Myrtle Ave, Glendale, NY, 11385

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 75-21 Myrtle Avenue, a well-positioned 3-family mixed-use property in the heart of Glendale. The property features two spacious 2-bedroom apartments and one 1-bedroom apartment, plus a commercial storefront on the ground level and basement. An attached 2-car garage provides additional convenience and value, offering valuable parking and storage space in the area. Currently generating approximately $123, 000 in annual rental income with a 6.25% cap rate, the property offers an attractive combination of immediate cash flow and future upside. Conveniently located near public transportation, including the Q55 and Q29 bus routes, with easy access to the M and L subway lines, providing convenient connections throughout Queens and Brooklyn. This semi-attached brick building offers an excellent opportunity for investors seeking stable income and long-term potential.
MLS® Number1050468
Laundry Level
Central VacNo
FireplaceNo
Acreage0.046258036
Exterior
GarageYes
Approx. Age1920
BasementUnfinished
DrivewayGarage, On Street
Garage Spaces2
HeatBaseboard
A/CWall/Window Unit(s)

Extras

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