71-47 Myrtle Avenue

Glendale, NY 11385
$1,375,000
5 beds | 4 baths | 0.05 acres | #3539727

Description

Excellent Corner Brick 4-Family Home for Sale in Glendale, Bordering Ridgewood!This impressive property offers a prime investment opportunity, featuring a well-maintained corner brick building with four family units.The first floor hosts two spacious 1-bedroom apartments, while the second floor boasts a generous 2-bedroom unit alongside an additional 1-bedroom unit. Hardwood flooring adds to the charm of each unit, while the full basement provides laundry facilities and ample storage space.One of the first-floor units enjoys the added luxury of a large private backyard, perfect for outdoor relaxation and entertainment.Conveniently located on Myrtle Avenue, this property offers easy access to transportation options including local buses (Q58, Q55, B13) and express buses to NYC (QM24, QM25, QM34), as well as the M/L trains.Nearby amenities include shopping centers, schools, gyms, Forest Park, Trader Joe's, Home Depot, and Atlas Mall, ensuring residents have everything they need within reach.With a building:19 x 80 ft.(3,040) and a lot SqFt : 2,185, zoning :R5D, this property presents a great opportunity for both primary residence with rental income and experienced investors or 1031 exchange .Plus, one apartment will be provided vacant, offering immediate move-in readiness for a new owner.Don't miss out on this exceptional investment opportunity! Schedule a viewing today!
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  • Interior Details
    • Interior Features
      • Interior:Cathedral Ceiling(s), Eat-in Kitchen, Living Room/Dining Room Combo, Storage
    • Heating & Cooling
      • Cooling:Zoned
      • Heating:Natural Gas, Hot Water
    • Beds & Baths
      • Bedrooms:5
      • Bathrooms:4
      • Full Baths:4
  • Property Details
    • Property
      • View:City, Other
      • Lot description:Corner Lot, Near Public Transit
      • Exterior materials:Private Entrance
    • Measurements
      • Acres:0.05
    • Parking
      • Parking features:On Street
  • 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:Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Community and Neighborhood Details
    • Community
      • Community features:Park, Near Public Transportation
    • Location
      • School district:Queens 24
      • Elementary School:Is 119 Glendale (The)
      • Middle School:Ps/Is 113 Anthony J Pranzo
      • High School:Queens Metropolitan High School
      • County:Queens
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 548, 000
      • Taxes annual:$17, 452
  • Other
    • Source
      • MLS #:3539727

Location

Keller Williams LandmarkAsk Vinny Thompson team
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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.

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