Glendale, NY 11385,83-07 Myrtle AVE
$685,000
$749,000
8.5%
Est.Price: ?

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3 BD
2 BA
2,200 SqFt

83-07 Myrtle AVE Glendale, NY 11385

Est. payment /mo
SOLD DATE : 04/17/2023

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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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Listed by RE/MAX City Square • 718-570-7690
Bought with E Realty International Corp

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Roberto Ayala

Broker Associate | License ID: 10301207407

+1(917) 710-8792

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