67-03 Myrtle AVE new

Glendale,NY 11385

$ 1425000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 881215

Rental Info No

Year Built 1910

Annual Tax Amount $9,027

Lot Size 2,238 Sqft

Acres 0.0514

Property Sub-Type Multi Family

Source onekey2

Property Description

Fantastic investment opportunity! This large brick mixed-use building offers a prime commercial and residential setup. The 1st floor features an operating 99 cent store, providing stable rental income paying $2,500 per month with a lease in place until 12/31/28. The 1st floor tenant is responsible for paying the electricity costs for both their individual commercial space and the common area usage. The 2nd & 3rd floors each house spacious 3-bedroom apartments with identical layouts, including an EIK, DR, LR, and 1 full bathroom and they each pay $1,700 per month with no lease.
Additional highlights include a full basement and private yard. With just a bit of updating and TLC, this property can reach its full potential. Perfect for investors or owner-occupants looking to generate rental income.

Location

State NY

County Queens

Rooms

Basement Full,Unfinished

Interior

Heating Natural Gas

Cooling None

Fireplace No

Exterior

Fence Back Yard

Utilities Available See Remarks

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None

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