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    73-13 71St St Glendale, NY 11385

    Sponsored
    For Sale
    $1,288,000

    Vacant 3-family, prime location.

    Property size:
    2,017 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Investor alert! This vacant three-family property in Glendale, bordering Ridgewood, presents a compelling investment opportunity. The property, located at 73-13 71st Street, boasts 2,017 square feet of space across three stories, plus a full basement. Each apartment features a kitchen, living room, dining room, three bedrooms, and a full bath. The building sits on a 20x100.8 lot with a building size of 20x56, offering a total of 3,360 square feet of living area. The roof is only two years old. The basement, currently used for storage, provides additional flexibility. The property benefits from its R4-1 zoning. Conveniently located off Myrtle Avenue, it offers easy access to public transportation, including local buses (Q29, Q54, Q55, B13) and express buses to NYC (QM24, QM25, QM34), as well as the L/M trains. Nearby amenities include shopping centers, schools, gyms, Forest Park, Trader Joe's, Home Depot, and Atlas Park. Offered at $1,288,000, this property is sold as-is, presenting a chance to add value and maximize returns in a thriving market. Don't miss this chance to capitalize on this Glendale gem.

    Property Features for 73-13 71St St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,017 SF

    HighLights

    • $1,288,000 asking price.
    • Mixed‑use property totaling 2,017 square feet.
    • Vacant three‑family home in Glendale, NY, bordering Ridgewood.
    • R4‑1 zoning.
    • Three spacious apartments, each with kitchen, living room, dining room, three bedrooms, and a full bath.
    • Two‑year‑old roof.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    36081
    State
    New York
    Longitude
    -73.8796836
    Latitude
    40.7015444

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    FAQs

    What type of property is this?
    Mixed-use property - Vacant 3-family, prime location.
    Where is this mixed-use property located?
    The property is located at 73-13 71St St Glendale, NY.
    What is the asking price?
    The asking price for this property is $1,288,000.
    What are key features of this property?
    This property features: $1,288,000 asking price.; Mixed-use property totaling 2,017 square feet.; Vacant three-family home in Glendale, NY, bordering Ridgewood.
    Request Owner's contact information
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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
    73-13 71St St Glendale, NY 11385
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