6517 Myrtle Ave Glendale, NY 11385-6248
Property profile & analytics
6517 Myrtle Ave Glendale, NY 11385-6248
- Office buildings
- 3,500 SF
- 0.05 lot acres
Property ID
US63-0131143
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dr. San M.D. / Physician
Property Details for 6517 Myrtle Ave
- Year built
- 1931
- Lot size
- 0.05 lot acres
- Property size
- 3,500 SF
- Zone code
- R5D
- Property type
- Office buildings
- APN
- 03676-0022
- APU
- 36760022
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Glendale
- County
- Queens
- State
- New York
- Longitude
- -73.8896
- Latitude
- 40.7015
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$24,976
$78,300
$157,500
$235,800
-
$174,000
$350,000
$524,000
