$1,695,000

75-21 Myrtle Avenue, Glendale, NY 11385

  • 5 beds |
  • 3 baths |
  • 2,720 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon2,017sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $623/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

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%. 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.

Listing Status:
Active
Listing Office:
Jamie Realty Group : 718-886-0668
MLS ID:
899003
  • General: First Floor Bedroom
  • Basement: Partially Finished
  • A/C: Wall/Window Unit(s)
  • Heating: Natural Gas

This listing courtesy of Jamie Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby