75-21 Myrtle Ave Queens, NY 11385

Property Details for 75-21 Myrtle Ave

Year built

1920

Lot size

0.05 lot acres

Property size

2,720 SF

Property type

Mixed-use properties

Description

This exceptional mixed-use property at 75-21 Myrtle Avenue in Glendale, Queens, presents a compelling investment opportunity. The 2,720 square foot building, constructed in 1920, sits on a 0.05-acre lot and boasts a desirable R4B zoning classification. The two-story structure features a thriving commercial storefront currently operating as a pharmacy, along with three residential units: two 2-bedroom, 1-bathroom apartments and one 1-bedroom, 1-bathroom apartment. All units are currently occupied, generating a substantial rental income stream. Adding to its appeal is a rare attached two-car garage, a highly desirable feature in this area known for limited parking. The building's corner location and semi-attached design provide excellent street visibility and curb appeal, particularly beneficial for the commercial tenant. The dimensions of the building are 20 x 78 feet. This property is offered at $1,645,000 and represents a strong return on investment in a high-traffic area with close proximity to the Jackie Robinson Parkway. Don't miss this chance to acquire a well-established, income-producing asset in a thriving Queens neighborhood.