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67-03 Myrtle Avenue

Glendale, NY 11385
  • $1,425,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 881215
UPDATED: 47 min ago
$1,425,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

Description

Fantastic investment opportunity! This large brick mixed-use building offers a prime commercial and residential setup. The 1st floor features an operating 99 cent store, providing stable rental income paying $2,500 per month with a lease in place until 12/31/28. The 1st floor tenant is responsible for paying the electricity costs for both their individual commercial space and the common area usage. The 2nd & 3rd floors each house spacious 3-bedroom apartments with identical layouts, including an EIK, DR, LR, and 1 full bathroom and they each pay $1,700 per month with no lease. Additional highlights include a full basement and private yard. Perfect for investors or owner-occupants looking to generate rental income.

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty NYC Group. Data last updated: 2025-07-17T17:19:31.433.
www.padernachtrealestate.com/homes/165310024
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67-03 Myrtle Avenue Glendale, NY 11385

  • Price: $1,425,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 47 min ago
  • MLS #: 881215
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1910
Built
Neighborhood:
New York
County:
Queens
Area:
New York
Property Description
Fantastic investment opportunity! This large brick mixed-use building offers a prime commercial and residential setup. The 1st floor features an operating 99 cent store, providing stable rental income paying $2,500 per month with a lease in place until 12/31/28. The 1st floor tenant is responsible for paying the electricity costs for both their individual commercial space and the common area usage. The 2nd & 3rd floors each house spacious 3-bedroom apartments with identical layouts, including an EIK, DR, LR, and 1 full bathroom and they each pay $1,700 per month with no lease. Additional highlights include a full basement and private yard. Perfect for investors or owner-occupants looking to generate rental income.
Exterior Features

Construction Materials Brick Cross Street 67th Street Fencing Back Yard Num Drive In Grade Level Doors 0 Number Of Docks 0 Parking Total 0 Property Attached YN Yes Stories 1 Stories Total 3 Waterfront YN No

Interior Features

Basement Details FullUnfinished Basement YN Yes Cooling None Elevator YN No Number Of Heating Zones 3

Property Features

Annual Rental Income 70800 Building Area Total 3600 Business Type Retail Electric Company Con-Edison Heating Natural Gas Lot Size Area 2240 Net Operating Income 50719 Number Of Residential Units 2 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Operating Expense 20081 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 9027 Tax Source Municipality Total Vacancies 0 Utilities See Remarks Water Source Public Zoning R5DR5BC2-3

Listing courtesy of Joseph V. Crifasi of Crifasi Real Estate Inc: 718-821-5999
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty NYC Group. Data last updated: 2025-07-17T17:19:31.433.
 
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Keller Williams Realty NYC Group
2300 Eastchester Road
Bronx NY, 10469