71-31 Myrtle Avenue
Glendale, NY 11385
$1,365,000
4 beds | 4.5 baths | 0.05 acres | #3590985
For Sale
Description
4-family with a retail storefront in Prime Glendale, Queens! All residential units are free market with no leases in place. This is Unique Investment Opportunity as the adjacent property is also for sale. *Note that the price listed here is for this building only. There is a preference for buyers looking to obtain both properties. This well-positioned package offers incredible rental income potential, ideal for generating consistent revenue and perfect for the savvy investor. These two buildings have been in the same family for generations and are available together for the first time, having been carefully tended to for decades. A trusted dry cleaning business with a loyal customer base occupies the first floor of this building, bringing immediate income potential and community recognition. Ideal opportunity for an owner/user. This high-traffic location on Myrtle Ave, one of Queen's most well-known thoroughfares, with excellent visibility, draws plenty of foot traffic to retail spaces and adds value to residential leases. Both buildings feature stable residential units and street-level commercial spaces, creating immediate and diversified cash flow.
Interior Details
Interior Features
- Interior:Eat-in Kitchen, Living Room/Dining Room Combo, Walk-In Closet(s)
Heating & Cooling
- Cooling:Window Unit(s)
- Heating:Oil, Hot Water
Beds & Baths
- Bedrooms:4
- Bathrooms:4.5
- Full Baths:4
- Half Baths:1
Property Details
Property
- Lot description:Level, Near Public Transit
Measurements
- Acres:0.05
Construction Details
Type & Style
- Property type:Purchase
- Basement:1
Condition
- Year built:1931
Utilities / Energy Details
Utility
- Sewer information:Public Sewer
- Utility source:Public
- Appliances:Oven, Refrigerator
Community and Neighborhood Details
Community
- Community features:Park, Near Public Transportation
Location
- School district:Queens 24
- Elementary School:Is 119 Glendale (The)
- Middle School:Is 119 Glendale (The)
- High School:Maspeth High School
- County:Queens
Financial Details
Pricing Details
- Original List Price:$1, 365, 000
- Taxes annual:$17, 619
Other
Source
- MLS #:3590985
Location
Legal
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Last Updated: . Source: ONEKEY
Listing Courtesy
Listing Agent: Bianca A Colasuonno
Listing Office: Compass Greater NY LLC
Keller Williams LandmarkAsk Vinny Thompson team
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
Estimated Monthly Payment
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Loan Amount
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