75-21 Myrtle Avenue, Glendale, NY 11385
- $1,610,000
- 5
- BD
- 3
- BA
- List Price
- $1,610,000
- Days on Market
- 1
- MLS#
- 1050468
- Status
- ACTIVE
- Property Type
- Triplex
- Year Built
- 1920
- Property Tax
- $9,188
- School District
- Queens24
- High School
- Grover Cleveland High School
- Jr. High
- Ps/Is 113 Anthony J Pranzo
- Elementary School
- Ps/Is 119 Glendale
Property Description
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.
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Additional Information
- Bedrooms
- 5
- Bathrooms
- 3
- Full Baths
- 3
- Acres
- 0.05
- Parking
- Garage, On Street
- Basement
- Unfinished
- Heating
- Baseboard
- Cooling
- Wall/Window Unit(s)
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Davin Dubon (davind.re.agent@gmail.com) from Listing Office: Jamie Realty Group.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.