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Financial
Distress signals
Property profile

6517 Myrtle Ave Glendale, NY 11385

OFF-MARKET
Office buildings
Property ID
US63-0131143
3,500 SF 0.05 ac lot Built 1931
Last sale Nov 2015 · $925,000
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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,…

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?
$25k
Tax billed · 2024
Assessed value$236k
Assessed land$78k
Assessed improvement$158k
Effective rate10.59%

Value estimate

· Oct 2026
$355k
$320k – $391k

Realmo valuation models over county records and 13 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 comparables13

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?
R5D
This district is designed to permits moderate density residential neighborhoods with a mix of housing types except zero lot line buildings
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 Firm54.2
Realty agency46.2
Parking Facility29.0

Location

6517 Myrtle Ave Glendale, NY 11385-6248
County assessor Recorded deeds · 3 transfers 13 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
8866 Myrtle, Glendale, NY 11385-7857 $1,050,000 Feb 2022 5,718 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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