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 $124,000 in annual rental income with a 6.64% 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.
Listing By
Agency Name: Jamie Realty Group
Agency Contact: 718-886-0668
Shown By
Agent Name: TEAM MAE
Agent Phone: (631) 872-7553
Agency Title: Howard Hanna | Coach Realtors
Estimated Payment
$ 8,149.51 per month $6,914.26 Principal & Interest $765.67 Property Tax $469.58 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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75-21 Myrtle Avenue | MLS# 1050468
This multi-family property located at 75-21 Myrtle Avenue, Glendale, NY 11385 is currently listed for sale with an asking price of $1,610,000. 75-21 Myrtle Avenue is located within the Queens24 school district. Search Glendale real estate on www.teammae.com today.