6517 Myrtle Ave Glendale, NY 11385

This exceptional 3,500 square foot L-shaped brick commercial building presents a lucrative investment opportunity in Glendale, NY. Boasting two street accesses, the property enjoys a prime location within a high-traffic area, ensuring consistent foot and vehicle traffic. Currently occupied by two commercial tenants, the building generates substantial rental income. The first-floor tenant, Benjamin Moore, occupies a significant portion of the space, paying a monthly rent of $3,713.15, increasing to $3,827.10 in December. Their lease expires November 29th. The second floor features an office space, currently leased for $2,250 per month, with a lease expiration date of October 25th. Both tenants are responsible for all utilities except taxes and water/sewer. The building also includes a full walk-out basement, offering additional storage or potential for expansion. Annual property taxes are approximately $24,404. The building's dimensions are 20 feet by 58 feet, providing ample space for the current tenants and potential future uses. This property offers a strong cash flow with potential for increased rental income upon lease renewals. The high-traffic location and existing tenant base make this an ideal investment for a discerning buyer seeking a stable and profitable commercial property.