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71 31 Myrtle Avenue

Glendale, NY 11385

4 beds
5 baths
– sqft
2,226 sqft lot
1931 build
– on site

4-family with a retail storefront in Prime Glendale, Queens! All residential units are free market with no leases in place. This is Unique Investment Opportunity as the adjacent property is also for sale. *Note that the price listed here is for this building only. There is a preference for buyers looking to obtain both properties. This well-positioned package offers incredible rental income potential, ideal for generating consistent revenue and perfect for the savvy investor. These two buildings have been in the same family for generations and are available together for the first time, having been carefully tended to for decades. A trusted dry cleaning business with a loyal customer base occupies the first floor of this building, bringing immediate income potential and community recognition. Ideal opportunity for an owner/user. This high-traffic location on Myrtle Ave, one of Queen's most well-known thoroughfares, with excellent visibility, draws plenty of foot traffic to retail spaces and adds value to residential leases. Both buildings feature stable residential units and street-level commercial spaces, creating immediate and diversified cash flow. Great potential for rent growth in a steadily appreciating neighborhood, enhancing long-term value., Additional information: Interior Features:Lr/Dr

Listing courtesy of ONEKEY / Compass Greater NY LLC

Last checked: Checking… • Last updated Dec 12, 2024 •

MLS# L3590985 —

The Building

Year Built:

1931
Architectural Style:

Other
Construction Materials:

Brick
Patio And Porch Features:

Patio
Number Of Units Total:

4
Window Features:

Skylight(s)
Attic:

None

Interior

Levels:

Multi/Split
Rooms Total:

12
Interior Features:

Eat-in Kitchen, Walk-In Closet(s)
Flooring:

Hardwood
Common Walls:

1 Common Wall
Room Description:

full basement high ceilings ||store front. occupied with a lease. exit to rear yard ||(2) one bedroom units- front and back ||(2) one bedroom units- front and back
Number Of Kitchens:

4

Financial & Terms

Lease Considered:

false
Tenant Pays:

Electricity, Gas

The Property

Lot Features:

Near Public Transit, Near School, Near Shops, Level
Parcel Number:

03693-0023
Property Type:

Residential Income
Property Sub Type:

Quadruplex
Lot Size Square Feet:

2,226 Sqft
Property Attached:

true
Additional Parcel:

No
Lot Size Dimensions:

20.33x109.5

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

17619.08
Included In Taxes:

Trash

Beds

Bedrooms Total:

4

Baths

Bathrooms Full:

4
Bathrooms Half:

1
Bathrooms Total:

5

Heating & Cooling

Heating:

Oil, Hot Water
Cooling:

Wall/Window Unit(s)
Number Of Heat Units:

1
Number Of Heating Zones:

1

Utilities

Sewer:

Public Sewer
Utilities:

Trash Collection Public
Water Source:

Public
Number Of Separate Gas Meters:

4
Number Of Separate Electric Meters:

6

Schools

High School:

Maspeth High School
Elementary School:

Ps/Is 119 Glendale (The)
High School District:

Queens24

The Community

Association:

false
Seasonal:

No
Senior Community:

false
Additional Fees:

No
Pool Private:

false
Spa:

false

Parking

Parking Features:

None

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/16/24 Nov 16, 2024	Listed / Active	ONEKEY	$1,365,000

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This multifamily located in Northwestern Queens, New York, NY 11385 is currently for sale for $1,365,000. 71 31 Myrtle Avenue is a – square foot multifamily with 4 beds and 5 baths that has been on Estately for 31 days. 71 31 Myrtle Avenue is in the Northwestern Queens neighborhood of New York and has a WalkScore® of 79, making it very walkable.

Listing Courtesy of: ONEKEY and Compass Greater NY LLC.

IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.