Welcome to 75-21 Myrtle Avenue, a 3 family mixed-use property located in the vibrant Glendale neighborhood, known for its high foot traffic and strong rental demand. This semi-attached brick building offers a prime investment opportunity with a current annual rental income of $123,000 and a cap rate of 6.25%. The property features two spacious 2 bedroom apartments over a 1 bedroom apartment, plus a commercial storefront on the ground level. An attached 2 car garage adds additional value and convenience. With its solid rent roll and desirable location, this multi-family mixed-use asset is ideal for investors seeking immediate income in one of Queens’ thriving commercial corridors.
2,720 Sq Ft
2,015 Sq Ft Lot Size
Investment
$8,774 Annual Tax
Built in 1920
MLS/Listing ID 899003
3 Units
Construction - Brick
Cooling - Wall/window unit(s)
Heating - Natural Gas

Source of Data: ONEKEY MLS
TOTAL MONTHLY COST
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