Welcome to 75-21 Myrtle Avenue, a 3 family mixed-use property located in the vibrant Glendale neighborhood, known for its high foot traffic and strong rental demand. This semi-attached brick building offers a prime investment opportunity with a current annual rental income of $123,000 and a cap rate of 6.25%. The property features two spacious 2 bedroom apartments over a 1 bedroom apartment, plus a commercial storefront on the ground level. An attached 2 car garage adds additional value and convenience. With its solid rent roll and desirable location, this multi-family mixed-use asset is ideal for investors seeking immediate income in one of Queens' thriving commercial corridors.
Listing By
Agency Name: Jamie Realty Group
Agency Contact: 718-886-0668
Shown By
Agency Title: Howard Hanna | Coach Realtors
Agency Phone: 800.321.RELO
Estimated Payment
$ 8,504.84 per month $7,279.30 Principal & Interest $731.17 Property Tax $494.38 Homeowner's Insurance
75-21 Myrtle Avenue | MLS# 899003
This multi-family property located at 75-21 Myrtle Avenue, Glendale, NY 11385 is currently listed for sale with an asking price of $1,695,000. Search Glendale real estate on www.coachrealtors.com today.