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About the Listing LUKY01 - 181403
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 $123,000 in annual rental income with a 6.25% 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 Highlights
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other: First Floor Bedroom,Open Floorplan
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: 2 car
- Lot Dimensions: 20.25' X 99.5'
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Garage,On Street
Financial Details
- Tax Amount: $9,188
- Taxes w/Assessments: N/A
- Tax/Property ID: 04-03825-0034
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
75-21 Myrtle Ave Glendale, NY 11385
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