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Property Description

2-family with a retail storefront in Prime Glendale, Queens! Both residential units are free market with no leases in place. The commercial space as well as one of the residential units will be delivered vacant. 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

Features
: Oil, Hot Water
: Wall/window Unit(s)
: Full, Unfinished
: Patio
: Refrigerator, Microwave, Tankless Water Heater
: Hardwood
: Eat-in Kitchen
: Near Public Transit, Level, Near School, Near Shops
: No
: Public Sewer
: Trash Collection Public
Address Map
NY
NY
Queens
See Google Maps
Property and Construction
: Other
: Park
: Brick
Ps 88 Seneca
Maspeth High School
: Multi/split
137439
CMPA01
2
$7,726
: Public
18

Residential Income For Sale

71-29 Myrtle Avenue, New York, NY

2 Bathrooms
4,088 Sqft
$1,285,000
Listing ID #L3590976
Basic Details
Property Type : Residential Income
Property SubType : Duplex
Listing ID : L3590976
Price : $1,285,000
Rooms : 10
Bathrooms : 2
Half Bathrooms : 1
Bathrooms Total : 1
Square Footage : 4,088 Sqft
Lot Area : 0.05 Acre
Year Built : 1910
Status : Active
Status : Active
Listing Office : Compass Greater NY LLC
Listing Agent : Bianca A. Colasuonno
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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