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83-07 Myrtle AVE Glendale, NY 11385
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Key Details
Sold Price $685,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $311
MLS Listing ID 3456508
Sold Date 04/17/23
Style Two Story
Bedrooms 3
Full Baths 1
Half Baths 1
Originating Board onekey
Year Built 1915
Annual Tax Amount $6,124
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 20x100
Property Description
Incredible opportunity to own this mixed-use property in the heart of Glendale. Located on Myrtle Ave with easy access to the park, transportation, shops and more - this property features a spacious and (mostly) finished first floor commercial store front - excellent for an office, deli and more. Fully tiled, new sheetrock, half bath as well as a tranquil backyard. First floor also offers direct access to the full and unfinished basement with its own access to the back yard. Second floor has a separate entrance and leads up to a 3-bedroom apartment. Enter a spacious eat in kitchen, 2 bedrooms in the rear, living room in the middle and a grand main bedroom in the front which can be divided to offer an office or nursery. Delivered fully vacant, this property needs some work and is priced to reflect that! Sellers are highly motivated and ready to hear all offers. Fully Vacant, sold As Is. INCOME: 2nd floor potential rental income - As Is: $2,000/mo Renovated: $2,500/mo Commercial potential rental income: $2,400-$2,700/mo Approximate 8% Cap Rate
Location
State NY
County Queens
Rooms
Basement Bilco Door(s), Full, Unfinished, Walk-Out Access
Interior
Interior Features Eat-in Kitchen, Living Room/Dining Room Combo
Heating Oil, Other
Cooling None
Flooring Wall To Wall Carpet
Fireplace Y
Appliance Oven
Exterior
Garage None
View Y/N Yes
View Park/Greenbelt
Garage No
Building
Lot Description Level, Near Public Transit
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick, Aluminum Siding
New Construction No
Schools
Elementary Schools Ps/Is 113 Anthony J Pranzo
Middle Schools Ps/Is 113 Anthony J Pranzo
High Schools Queens Metropolitan High School
School District Queens 24
Others
Senior Community No
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Bought with E Realty International Corp