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62-22 Myrtle Avenue Glendale, NY 11385
$1,880,000
  • Commercial
  • Year Built 1931
  • Mixed Use
  • ML# 3533540

Property Details

Overview

This is an exceptional mixed-use property ideally located in a vibrant neighborhood, offering both commercial and residential spaces that epitomize convenience and income potential. The ground floor hosts a thriving retail space leased to a prominent tenant, enjoying high visibility on Myrtle Ave, while the upper floors feature two well-appointed residential units on each level. Each unit offers two bedrooms and one bath, providing comfortable living spaces that generate attractive rental income. This prime location ensures convenient access to transportation, major thoroughfares, and a variety of shopping and dining options, making it a desirable destination for residents. The neighborhood’s bustling commercial districts and serene green spaces cater to diverse interests, enhancing the overall quality of life. With a stable tenant base, favorable rental rates, and consistently high occupancy rates, this property represents an excellent investment opportunity for those seeking both financial returns and the vibrant energy of urban living.

Key Facts

  • Lot Size: 0.04
  • Lot Sq Ft: 1900
  • Taxes: $7,562
  • Business Type: Commercial, Mixed Use, Residential
  • Sale or Rent: Sale
  • Zoning: R5D, C1-3
  • Block: 3593
  • Lot: 13

Additional Features

  • Building Size: 19*55

Interior & Utilities

  • Heat: Natural Gas, Forced Air
  • Sewer: Public Sewer

Financial

  • Taxes: $7,562
Listing Information provided courtesy of RE/MAX 1st Choice  516-888-6000
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