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12-Unit Brick Apartment Portfolio
New
For Sale
$2,400,000

70-02 & 70-04 65 Place, Glendale, NY 11385

Business Opportunity, Glendale, NY

Property Size11,424 SF
Price / SF$210.08
Days on Market5

Property Features for 70-02 & 70-04 65 Place

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 12
Full bathrooms 12
Rooms Bathroom 3, Bathroom 2, Bathroom 12, Bathroom 1, Bathroom 4, Bathroom 5, Bathroom 9, Bathroom 11, Bathroom 10, Bathroom 7, Bathroom 8, Bathroom 6
Subdivision Glendale
Directions Off Central Avenue
Standard status Active
Size 11,424 SF

Taxes and HOA fees

Tax Annual Amount 31906

Utilities

Water source Public

Building Details

Floors in Building 3
Building materials Brick
Roof type Flat
Listing Agency: TIP TOP REALTY MANAGEMENT CORP
Listed By: John Suarez
Added: Sep 14 Changed: Sep 15 Last Checked: Sep 18 at 4:06AM
MLS# 11979668

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily offering combines two brick apartment buildings at 70-02 and 70-04 65 Place in Glendale, New York. The buildings contain six apartments each, for a combined 12 units and approximately 11,424 square feet. Both structures feature flat roofs, public water service, and 12 bathrooms in total.

All apartments are currently occupied, providing an in-place rental operation. The portfolio is reported at an approximately 5% capitalization rate. The properties are being offered together, giving buyers a single acquisition comprising two adjacent-address multifamily buildings in Queens County.

Key Highlights

  • Two 6‑family apartment buildings offered together
  • 12 total apartment units
  • Approximately 11,424 square feet combined

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Computer & Electronic Repair Acupuncture Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,029
Businesses Nearby

Demographics for 11385, NY

100,883
Population
40,175
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
28,023
Density / Sq Mi
$87,365
Median Household Income
$47,335
Median Earnings
$1,959
Median Rent
$842,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two brick apartment buildings with full current occupancy and public water service.
Where is this apartment building located?
The property is located at 70-02 & 70-04 65 Place Glendale, NY.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Two 6‑family apartment buildings offered together; 12 total apartment units; Approximately 11,424 square feet combined
More about this property
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