71-29 Myrtle Avenue
$1,365,000
6
2
1
4,088
4,088
$334
Listed By Compass
New
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
Property Details for 71-29 Myrtle Avenue
Township
Queens
Architectural StyleStore+Dwell
Community FeaturesPark,Near Public Transportation
Garage Spaces.00
Section Area71st Pl
Offer PresentationCan be Present
LISTING UPDATED: 11/14/2024 06:13 PM
Property Details for 71-29 Myrtle Avenue
Status | Active |
---|---|
MLS ID | 3590976 |
Days on Market | 1 |
Taxes | $7,726 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 10.0 |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 1910 |
Lot Size | 2,135 SF / 20' x 105' |
County | Queens County |
Buyer's Agent Compensation | 1.5% |
Building
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
Property History for 71-29 Myrtle Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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.
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