75-21 Myrtle Ave, Glendale, NY
5 bd · 3 ba · 0 sqft Multi-Family listed at $1,695,000, built in 1920 in the Northwestern Queens neighborhood.
About this home
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 6.25%. 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.
Property details
- Price
- $1,695,000
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1920
- Lot size
- 2,017 sqft
- Type
- Multi-Family
- Days on market
- 261
- Est. property tax
- $23,391/yr · $1,949/mo · 1.38% NY avg
Estimated monthly payment
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Location
This home is located in Glendale, NY, in the Los Angeles area. Browse more Glendale listings on the Glendale market page or explore the full Glendale market report.
Home Intelligence
Neighborhood (zip 11385)
This neighborhood is primarily renter-occupied (30% owner-occupied). Median age is 36.0; 22% hold a bachelor's degree; median household income is $85,127.
- Median income
- $85,127
- Median age
- 36.0
- Owner-occupied
- 30.1%
- Bachelor's degree
- 22.3%
- Census median home value
- $834,400
Source: US Census Bureau American Community Survey 5-year estimates.
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