75-21 Myrtle Ave Queens, NY 11385
- Mixed-use properties
- 2,720 SF
- 0.05 lot acres
Current Use by Public Records
- Trinity Rx Pharmacy / Pharmacy
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.8727
- Latitude
- 40.7028
