$1,580,00079-39 Myrtle AvenueQueens, New York, 11385

Primary Features

  • Lot Size Square Feet: 1810 sqft.
  • Property Type: Commercial
  • Property Sub Type: Mixed Use
  • Year Built: 1925

Other Features

  • Flooring: Hardwood,Tile
  • Foundation Details: Poured Concrete
  • Heating: Gas
  • Parking Features: 1 Space,Built-In Garage
  • Roof: Flat
  • Utilities: n/a
  • Electric: 220 V

Location

  • Street Address: 79-39 Myrtle Avenue
  • Neighborhood: Glendale
  • City: Queens
  • State: New York
  • Postal Code: 11385
  • Zoning: R5B; C1-3

Pricing & Sale Info

  • List Price: $1,580,000
  • Tax Annual Amount: $7,813
  • MLS#: 466645
  • Last Change Timestamp: Nov 30, 2022
  • Source MLS: Brooklyn New York MLS

About This Property

Excellent Glendale location! This mixed-use 2 family, 2 store, semi-detached, recently renovated brick corner building on a 20 x 90 lot is more than meets the eye! Built in 1925, the property boasts 3,300 bldg. sqft., R5B and C1-3 zoning, hardwood and tile floors, 2 stores on the first floor, a deli and a tile shop, both with access to the full, unfinished basement, 2 four bedroom apartments, one on the second floor and one on the third floor, both with plenty of closet and storage space, abundant amounts of sunlight throughout, and a private drive and built-in garage with room enough for 1 car. Tenants pay their own utilities (heat and hot water); the annual rent roll is $120,000; and the cap rate is 6.5%. Amenities include quick and easy access to the multitude of establishments along Myrtle Ave. and Woodhaven Blvd., P.S./I.S. 87, P.S./I.S. 113, P.S./I.S. 119, the Pinocchio Playground, Forest Park, The Shops at Atlas Park, and much more! Transportation options include immediate access to the Q11, Q21, Q29, Q47, Q52-SBS, Q53-SBS, Q54, and Q55 buses.