NY > Glendale
Glendale, NY 11385,71-31 Myrtle AVE
Glendale, NY 11385,71-31 Myrtle AVE
Glendale, NY 11385,71-31 Myrtle AVE
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Andrew Chrzanowski

Andrew Chrzanowski

+1(631) 671-9252
$1,365,000
Est. payment /mo
4 Beds
5 Baths
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UPDATED:

11/22/2024 07:50 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEYL3590985

Style Other

Bedrooms 4

Full Baths 4

Half Baths 1

Originating Board onekey2

Rental Info No

Year Built 1931

Annual Tax Amount $17,619

Lot Dimensions 20.33x109.5

Property Description

4-family with a retail storefront in Prime Glendale, Queens! All residential units are free market with no leases in place. This is Unique Investment Opportunity as the adjacent property is also for sale. *Note that the price listed here is for this building only. There is a preference for buyers looking to obtain both properties. This well-positioned package offers incredible rental income potential, ideal for generating consistent revenue and perfect for the savvy investor. 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., Additional information: Interior Features:Lr/Dr

Location

State NY

County Queens

Rooms

Basement Full, Unfinished

Interior

Interior Features Eat-in Kitchen, Walk-In Closet(s)

Heating Oil, Hot Water

Cooling Wall/Window Unit(s)

Flooring Hardwood

Fireplace No

Appliance Tankless Water Heater, Refrigerator

Exterior

Garage None

Utilities Available Trash Collection Public

Amenities Available Park

Private Pool No

Building

Lot Description Near Public Transit, Near School, Near Shops, Level

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

Structure Type Brick

New Construction No

Schools

Elementary Schools Ps/Is 119 Glendale (The)

High Schools Maspeth High School

School District Queens24

Others

Senior Community No

Special Listing Condition None

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Listed by Compass Greater NY LLC

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Andrew Chrzanowski

+1(631) 671-9252

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71-31 Myrtle AVE