75-21 Myrtle Ave Flushing, NY 11385

Property Details for 75-21 Myrtle Ave

Year built

1920

Lot size

0.05 lot acres

Property size

2,720 SF

Zone code

R4B

Property type

Investment properties

Property subtype

Live-work space

APN

03825-0034

APU

38250034

Description

This exceptional mixed-use property at 75-21 Myrtle Ave, Glendale, NY presents a compelling investment opportunity. The building, constructed of brick, boasts a desirable corner location with excellent street visibility and high traffic volume due to its proximity to the Jackie Robinson Parkway. The R4B zoning allows for a variety of uses. The building itself measures 20 x 78 feet and includes a thriving commercial storefront currently operating as a pharmacy. Above the commercial space are three residential units: two 2-bedroom, 1-bathroom apartments and one 1-bedroom, 1-bathroom apartment. All units are currently occupied by tenants, generating a substantial rental income stream. A significant advantage is the inclusion of a two-car attached garage, a rare and valuable amenity in this area where parking is often limited. The semi-attached nature of the building enhances its curb appeal and provides a distinct presence on the street. This property offers a strong combination of commercial and residential income, making it an attractive investment with high potential for return. The current occupancy rate is 100%, ensuring immediate cash flow. This is a truly remarkable opportunity to acquire a well-maintained, income-producing property in a highly sought-after Glendale location.