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For SaleLuxury

$1,610,000

36 days on market

75-21 Myrtle Avenue

Glendale, NY 11385

· 8% down, 7% APR, 30yr fixed

5

Beds

3

Baths

—

Square feet

1920

Built

Listing narrative

Description

Welcome to 75-21 Myrtle Avenue, a well-positioned 3-family mixed-use property in the heart of Glendale. The property features two spacious 2-bedroom apartments and one 1-bedroom apartment, plus a commercial storefront on the ground level and basement. An attached 2-car garage provides additional convenience and value, offering valuable parking and storage space in the area. Currently generating approximately $124,000 in annual rental income with a 6.64% cap rate, the property offers an attractive combination of immediate cash flow and future upside. Conveniently located near public transportation, including the Q55 and Q29 bus routes, with easy access to the M and L subway lines, providing convenient connections throughout Queens and Brooklyn. This semi-attached brick building offers an excellent opportunity for investors seeking stable income and long-term potential.

Listing agent (MLS): Davin Dubon · Listing brokerage (MLS): Jamie Realty Group

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,610,000

Beds

5 bd

Type

Multi-Family

Home Size

Sqft n/a

Baths

3

Year

1920

Status

For Sale

Days on Market

36

· 8% down, 7% APR, 30yr fixed
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Courtesy of Jamie Realty Group