Homes for sale - 71-29 Myrtle AVE, Glendale, NY 11385

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Sasha Iyamu

sio@eliteservicesct.com +1(203) 231-4921

$ 1,365,000

Est. payment -/mo

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71-29 Myrtle AVE Glendale, NY 11385

6 Beds

3 Baths

4,088 SqFt

UPDATED:

11/13/2024 11:10 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,088 sqft

Price per Sqft $333

MLS Listing ID 3590976

Style Store+Dwell

Bedrooms 6

Full Baths 2

Half Baths 1

Originating Board onekey

Rental Info No

Year Built 1910

Annual Tax Amount $7,725

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 20.33x105

Property Description

Unique Investment Opportunity Available: Two Adjacent Mixed-Use Buildings in a Prime Glendale, Queens Location! This is a rare chance to own two adjacent mixed-use properties in Queens, sold together as a package deal. This package is Perfect for savvy investors. *Note that the price listed here is for this building only. This building includes a 2-family with a retail storefront. All residential units are free market with no leases in place. This well-positioned package offers incredible rental income potential, ideal for generating consistent revenue. 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. Great potential for rent growth in a steadily appreciating neighborhood, enhancing long-term value.

Location

State NY

County Queens

Rooms

Basement Full, Unfinished

Kitchen 2

Interior

Interior Features Eat-in Kitchen, Living Room/Dining Room Combo

Heating Oil, Hot Water

Cooling Window Unit(s)

Flooring Hardwood

Fireplace No

Appliance Microwave, Oven, Refrigerator

Exterior

Garage None

Parking Type None

Garage false

Building

Lot Description Level, Near Public Transit

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Brick

New Construction No

Schools

Elementary Schools Ps 88 Seneca

Middle Schools Is 119 Glendale (The)

High Schools Maspeth High School

School District Queens 24

Others

Senior Community No

Special Listing Condition None

Listed by Compass Greater NY LLC • 347-946-0050

Sasha Iyamu

71-29 Myrtle AVE Glendale, NY 11385

Key Details

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Rooms

Interior

Exterior

Building

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71-29 Myrtle AVE