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Financial
Distress signals
Property profile

8866 Myrtle Ave Glendale, NY 11385

OFF-MARKET
Office buildings
Property ID
US63-0771567
5,718 SF 0.1 ac lot Built 1990
Last sale Feb 2022 · $1,050,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 8866 Myrtle Avenue, Glendale, Queens County, New York 11385 is a storefront building constructed in 1990 with a brick exterior and includes a basement. It is classified as a storefront property. Building systems include natural gas heating and multiple cooling options, including ductless cooling, central air conditioning, and zoned cooling. The property is served by public water and public sewer.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$49k
Tax billed · 2024
Assessed value$482k
Assessed land$108k
Assessed improvement$373k
Effective rate10.08%

Value estimate

· Oct 2026
$1.06M
$954k – $1.17M
AI approach$925k
Submarket $/SF estimate$655k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$681/SF
Submarket average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$402 – $1,529
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R4-1
This district is designed to provide for single or two family detached or semi detached dwellings, permitting zero lot line buildings and...
General categoryRESIDENTIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm35.5
Parking Facility29.8
Realty agency19.4

Location

8866 Myrtle Ave Glendale, NY 11385-7857
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1124 Wyckoff, Flushing, NY 11385-5750 $11,825,000 Sep 2023 13,300 SF
7309 Myrtle, Glendale, NY 11385-7418 $2,250,000 Mar 2021 6,500 SF
7241 Cooper, Glendale, NY 11385-7367 $400,000 Oct 2020 2,400 SF
7011 Myrtle, Glendale, NY 11385-7261 $2,600,000 Nov 2019 10,000 SF
6906 Myrtle, Glendale, NY 11385-7264 $860,000 Apr 2019 3,353 SF
7951 Cooper, Glendale, NY 11385-7529 $3,100,000 Jan 2019 7,560 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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