71-31 Myrtle AVE Active Save Request In-Person Tour Request Virtual Tour
Glendale,NY 11385
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
Exterior
Parking Features 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
Schools
Elementary Schools Ps/Is 119 Glendale (The)
High Schools Maspeth High School
School District Queens24
Others
Senior Community No
Special Listing Condition None