71-29 Myrtle Avenue

$1,365,000
Price
6
Beds
2
Baths
1
1/2 Bath
4,088 Sq. Ft.
$334 / Sq. Ft.
4,088
Sq. Ft.
$334
per Sq. Ft.

Description

2-family with a retail storefront in Prime Glendale, Queens! Both residential units are free market with no leases in place. The commercial space as well as one of the residential units will be delivered vacant. This is Unique Investment Opportunity as the adjacent property is also for sale. *Note that the price listed here is for this building only. There is a preference for buyers looking to obtain both properties. This well-positioned package offers incredible rental income potential, ideal for...2-family with a retail storefront in Prime Glendale, Queens! Both residential units are free market with no leases in place. The commercial space as well as one of the residential units will be delivered vacant. This is Unique Investment Opportunity as the adjacent property is also for sale. *Note that the price listed here is for this building only. There is a preference for buyers looking to obtain both properties. This well-positioned package offers incredible rental income potential, ideal for generating consistent revenue and perfect for the savvy investor. These two buildings have been in the same family for generations and are available together for the first time, having been carefully tended to for decades. A trusted dry cleaning business with a loyal customer base occupies the first floor of this building, bringing immediate income potential and community recognition. Ideal opportunity for an owner/user. This high-traffic location on Myrtle Ave, one of Queen's most well-known thoroughfares, with excellent visibility, draws plenty of foot traffic to retail spaces and adds value to residential leases. Both buildings feature stable residential units and street-level commercial spaces, creating immediate and diversified cash flow. Great potential for rent growth in a steadily appreciating neighborhood, enhancing long-term value.

Listing Agents

  1. Chris Palmer

    Chris Palmer

    Alternative Listing Agent

    Compass

    chris.palmer@compass.com

    P: (347)-481-2976

Property Details for 71-29 Myrtle Avenue

Township
Queens
Architectural Style
Store+Dwell
Community Features
Park,Near Public Transportation
Garage Spaces
.00
Section Area
71st Pl
Offer Presentation
Can be Present
LISTING UPDATED: 11/14/2024 06:13 PM

Property Details for 71-29 Myrtle Avenue

StatusActive
MLS ID3590976
Days on Market1
Taxes$7,726 / year
Maintenance-
Min. Down Pymt-
Total Rooms10.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1910
Lot Size2,135 SF / 20' x 105'
CountyQueens County
Buyer's Agent Compensation1.5%

Building

71-29 Myrtle Ave

3 Units3 StoriesBuilt in 1910

Building Information for 71-29 Myrtle Avenue

Stories3Residences3Year Built1910Building Size20' x 53'Building Sq. Ft3,180 SFLot Size2,135 SF / 20' x 105'Building Age-Building Type-

Property Information for 71-29 Myrtle Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 10
  • Directions: See Google Maps
  • Tax Block: 3693
  • Tax Lot: 24
  • Property Attached: Yes
  • Structure Type: true
  • Levels: Three Or More
  • New Construction YN: No
  • Flood Zone Report: 0
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Queens 24
  • Elementary School District: Queens 24
  • Elementary School: Ps 88 Seneca
  • Middle Or Junior School District: Queens 24
  • Middle Or Junior School: Is 119 Glendale (The)
  • High School District: Queens 24
  • High School: Maspeth High School
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 2
Room Information
Room 1 Information
  • Room Level: Basement
  • Room Type: Additional
  • RoomDescription 1: Full basement with high ceilings, exit to hallway
Room 2 Information
  • Room Level: First
  • Room Type: Additional
  • Room Description: Established dry cleaning business. will be delivered vacant- exit to yard
Room 3 Information
  • Room Level: Second
  • Room Type: Additional
  • Room Description: Fully renovated 3br railroad unit. Overlooks backyard. delivered vacant
Room 4 Information
  • Room Level: Third
  • Room Type: Additional
  • Room Description: Renovated 3br railroad unit
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 03693-0024
  • Tax Map Number: 03693-0024
  • Included In Taxes: Trash
  • Tenant Pays: Electricity,Gas
Interior and Exterior Features
Interior Features
  • Amenities: Eat in Kitchen, Hardwood Floors As Seen, Living Room/Dining Room Combo, Microwave, Near Public Transportation, Park, Patio, Public, Refrigerator, Second Stove, Sky Light, Store+Dwell
  • Interior Features: Eat-in Kitchen, Living Room/Dining Room Combo
  • Appliances: Microwave,Oven,Refrigerator
  • Number Of Kitchens: 2.0
  • Total Rooms: 10
  • Living Area: 4088.0
  • Living Area Units: Square Feet
  • Basement: Full, Unfinished
  • Fireplaces Total: 0
  • Location Amenities: Near Public Transportation, Hardwood Floors As Seen, Eat in Kitchen, Living Room / Dining Room, Patio, Sky Light
  • Common Walls: 2+ Common Walls
  • Window Features: Skylight(s)
  • Flooring: Hardwood
  • Inclusions: Microwave,Refrigerator,Second Stove
  • Exclusions: Refrigerator
Exterior Features
  • Exterior Property Features: Patio, None, Skylight(s), Park, Near Public Transportation, Level, Near Public Transit
  • Elevation Certificate: No
  • Patio And Porch Features: Patio
  • Construction Materials: Brick
Lot Information
  • Lot Features: Level,Near Public Transit
  • Lot Size Dimensions: 20.33x105
  • Site Features: Park, Near Public Transportation, Level, Near Public Transit
  • Building Size: 20x53
  • Building Area Units: Square Feet
Parking
  • Parking Features: None
  • Parking Total: .00
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Window Unit(s)
  • Heating: Oil, Hot Water
  • Heat Fuel Type: Oil, Hot Water
  • Number Of Heating Zones: 1
  • Hot Water: On Demand
  • Number Of Separate Gas Meters: 2
  • Garbage Removal: Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 4
Green Features
  • Green Features: Skylight(s), Microwave, Oven, Refrigerator, Oil, Hot Water

Property History for 71-29 Myrtle Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 71-29 Myrtle Avenue

Taxable ValueLand$13,560Additions$56,100Total$69,660
Home Facts
Total Finished SqFt4,088 SqFtLot Size2,135 SqFtYear Built1910ZoningR5DAPN4036930024

Schools near 71-29 Myrtle Avenue

This home is within New York City Geographic District #24.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - PK to 5
Public - PK to 5
Rating
School
Distance
I.S. 119 the Glendale
PublicK to 8

Maspeth High School
Public9 to 12

P.S. 91 Richard Arkwright
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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71-29 Myrtle Avenue is a multi-family home for sale in Glendale. This property was listed for sale on November 13, 2024 by Compass, it's currently listed at $1,365,000. This listing's school district is New York City Geographic District #24. Nearby schools include I.S. 119 the Glendale, Maspeth High School and P.S. 91 Richard Arkwright. 71-29 Myrtle Avenue is a 6-bed, 2.5-bath, 4,088 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.