71-29 Myrtle AVE new Save Request In-Person Tour Request Virtual Tour
Glendale,NY 11385
Key Details
Property Type Multi-Family, Other Rentals
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
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