About 75-21 Myrtle Avenue
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.
Features of 75-21 Myrtle Avenue
| MLS® # | 899003 |
|---|---|
| Price | $1,695,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,720 |
| Acres | 0.05 |
| Year Built | 1920 |
| Type | Residential |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 75-21 Myrtle Avenue |
|---|---|
| City | Glendale |
| County | Queens |
| State | NY |
| Zip Code | 11385 |
Additional Information
Listing Details
| Office | Jamie Realty Group |
|---|---|
| Office Contact | 718-886-0668 |