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.
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Estimated Payment
$ 4,997.88 per month $3,772.34 Principal & Interest $731.17 Property Tax $494.38 Homeowner's InsuranceListing By
Agency Name: Jamie Realty Group
Agency Contact: 718-886-0668
Shown By
Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902
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75-21 Myrtle Avenue, Glendale, NY 11385.
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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.laffey.com today.