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Mixed-Use Building with Laundromat
For Sale
$1,990,000

8848 Myrtle Avenue, Glendale, NY 11385

Commercial Sale, Glendale, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market202

Property Features for 8848 Myrtle Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R4-1
Standard status Active
APN 03870-0115
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6275

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Hot Water(Heating)
Water source Public

Building Details

Year built 1938
Floors in Building 2
Building materials Stucco
Listing Agency: Building 1 Property Mgmt Corp
Listed By: William Li CBR
Added: Jan 31 Changed: Aug 20 Last Checked: Aug 21 at 5:06PM
MLS# 957167

Copyright © 2026 OneKey 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.

Located at 8848 Myrtle Avenue in Glendale, this mixed-use property combines commercial and residential components. The first floor contains a laundromat store, while the second floor provides a three-bedroom, two-bathroom apartment. The property also includes four garages.

The parcel measures 0.0579 acres and carries R4-1 zoning. Construction materials include stucco, with hot water heating, public water, and public sewer. Natural gas is available. The property is situated in Queens County within ZIP Code 11385.

Key Highlights

  • First‑floor laundromat store with second‑floor three‑bedroom, two‑bathroom apartment
  • Four garages included with the mixed‑use property
  • R4‑1 zoning on a 0.0579‑acre parcel

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Cafe & Coffee Shop Auto Parts Store Nursing Home

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

Location Intelligence

Trade Area within ½ mile

1,340
Businesses Nearby
183k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 45% Groceries 25% Shops & Services 17% Dining 12%
The Home Depot Home Improvements & Furnishings
82,619 visits/mo 0.4 miles
Stop & Shop Groceries
45,965 visits/mo 0.4 miles
Shell Shops & Services
25,168 visits/mo 0.1 miles
Popeyes Louisiana Kitchen Dining
22,694 visits/mo 0.0 miles
BP Shops & Services
5,910 visits/mo 0.0 miles

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combines a laundromat storefront, residential apartment, and multiple garages on Myrtle Avenue.
Where is this mixed-use property located?
The property is located at 8848 Myrtle Avenue Glendale, NY.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: First‑floor laundromat store with second‑floor three‑bedroom, two‑bathroom apartment; Four garages included with the mixed‑use property; R4‑1 zoning on a 0.0579‑acre parcel
More about this property
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