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    6930 Myrtle Ave Glendale, NY 11385

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    For Sale
    $1,100,000

    Two-story mixed-use property with commercial and residential units.

    Lot size:
    0.03 Acres

    Property Features for 6930 Myrtle Ave

    General Information

    Lot size
    0.03 Acres

    Source: NY Space Finders Agent Luca DiCiero

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property For Sale

    This two-story mixed-use property presents an investment opportunity with multiple rental income streams and a location in a high-traffic area. The first floor features a commercial space and a studio apartment. The second floor includes a three-bedroom apartment. The property benefits from its location in an area with significant foot and vehicle traffic, ensuring high visibility. It is conveniently situated near transportation options and the entrance to the Jackie Robinson Parkway, providing convenient access to major roadways. This property offers a mix of residential and commercial income, making it suitable for investors seeking consistent cash flow.
    Insight Report Location Intelligence

    Current Use by Public Records

    AMA Service Tax Preparation Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Queens
    State
    New York
    Longitude
    -73.881278
    Latitude
    40.701669

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    FAQs

    What type of property is this?
    Mixed-use property - Two-story mixed-use property with commercial and residential units.
    Where is this mixed-use property located?
    The property is located at 6930 Myrtle Ave Glendale, NY.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Diverse rental income: Combination of commercial and residential units provides multiple income streams.; - High-traffic location ensures high visibility for the commercial space.; - Excellent investment opportunity with consistent cash flow potential.
    (347) 242-0353
    Request Owner's contact information
    6930 Myrtle Ave Glendale, NY 11385
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    Glendale, NY 11385
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6930 Myrtle Ave Glendale, NY 11385
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