Property profile

7101 Central Ave Glendale, NY 11385

OFF-MARKET
Office buildings
Property ID
US63-1265512
2,028 SF 0.06 ac lot Built 1920
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail property, located at 7101 Central Avenue in Glendale, New York, presents a unique opportunity for a discerning buyer. Boasting a highly visible corner location, this 1,040 square foot building offers significant advantages for a variety of commercial uses. The property sits on a 0.06-acre lot and features four garages, providing ample storage space or parking for commercial vehicles – a significant asset for contractors or businesses requiring such facilities. The building's dimensions are 20 feet by 52 feet, offering a functional and well-proportioned layout. A full basement adds considerable extra space, ideal for storage, inventory, or additional operational needs. The asking price is $799,000. This prime Glendale location ensures high foot traffic and excellent visibility, making it an ideal investment for businesses seeking a strong presence in a thriving community. The combination of prime location, generous garage space, and substantial basement storage makes this property a rare find in the competitive Glendale market. Don't miss this chance to acquire a versatile and well-situated commercial property with significant potential for growth and profitability. Serious inquiries only.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1920
Total area 2,028 SF
Lot 0.06 ac (2,500 SF)
Zoning code R4-1
APN 03662-0065
UPID US63-1265512

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7101 Central Ave Glendale, NY 11385-7318
Glendale metro Census 62500 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$750k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R4-1 · Glendale, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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