73-13 71St St Glendale, NY 11385
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.