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.
Property Features
Utilities
Natural Gas Available
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Parking
Garage
On Street
Cooling Information
Wall/Window Unit(s)
Heating Information
Baseboard
Water Features
Public
House Interior
Open Floorplan
Basement
Unfinished
School Information
School Information for 75-21 Myrtle Avenue, Glendale, NY 11385
Elementary School
PS/IS 119 Glendale
Middle School
Ps/Is 113 Anthony J Pranzo
High School
Grover Cleveland High School
Listing Courtesy: Jamie Realty Group - 718-886-0668