71-29 Myrtle Avenue, Glendale, NY 11385

18 Photos
 
$1,285,000
Active for Sale
0.5 Baths
4088 SF
Built In 1910
 
Listing ID 11411433
Property Type Residential
County Queens
School Queens24
Total Tax $7,726
Tax ID 03693-0024
FEMA Flood Map fema.gov/portal
Year Built 1910
Virtual Tour
2-family with a retail storefront in Prime Glendale, Queens! Both residential units are free market with no leases in place. The commercial space as well as one of the residential units will be delivered vacant. 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. Great potential for rent growth in a steadily appreciating neighborhood, enhancing long-term value., Additional information: Interior Features:Lr/Dr
Property Details
  • 1 Half Bath
  • 4088 SF
  • 2135 SF Lot
  • Built in 1910
  • Other Style
  • Lower Level: Unfinished
  • Lot Dimensions/Acres: 20.33x105
Interior Features
  • Hardwood Flooring
  • 10 Rooms
  • Hot Water
  • Oil Fuel
  • Wall/Window A/C
  • basement: Full
  • cooling: Wall
  • Features: Eat-in Kitchen
Exterior Features
  • Brick Siding
  • Community Water
  • Community Septic
  • Patio
  • Window Features: Skylight(s)
  • Lot Features: Near Public Transit, Near School, Near Shops, Level
Community Details
  • Association Amenities: Park
Taxes and Fees
  • $7,726 Total Tax
Listed By
Compass Greater NY LLC
Office: 212-913-9058
Compass Greater NY LLC
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