7617 Myrtle Avenue, Glendale, NY 11385
sale
$1,535,000
|
Other
Courtesy Of All Island Estates Realty Corp
Calling All Investors, Developers, & End-Users!!! 8.69 Cap 100% Occupied 4 Unit 3,300 Sqft. Corner Mixed-Use Building In Glendale For Sale!!! The Property Features Excellent Signage, Great Exposure, R4B/C1-3 Zoning, High 9' Ceilings, (2) 3 Br. Apartments, (1) 2 Br. Apartment, Basement, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Glendale Just 3 Blocks From The Jackie Robinson Parkway!!! The Property Has 21' Of Frontage On Myrtle Ave. + 106' On 78th St.!!! Neighbors Include Starbucks, USPS, HomeGoods, Ulta Beauty, T.J. Maxx, Chili's Bar & Grill, Cold Stone Creamery, California Pizza Kitchen, Dunkin', McDonald's, Regal Cinemas, Dollar General, Wendy's, Subway, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Myrtle Meds Pharmacy: $39,403.68 Ann.; 3% Ann. Inc.; Lease Exp.: 8/31/29. Apt. 1 (3 Br.): $41,568 Ann.; Lease Exp.: 2/28/27. Apt. 2 (2 Br.): $34,692 Ann.; Lease Exp.: 4/30/27. Apt. 3 (3 Br.): $41,568 Ann.; Lease Exp.: 2/28/27. Gross Income: $157,231.68 Ann. Expenses: Gas: $0 Ann. Electric: $495 Ann. Maintenance & Repairs: $4,000 Ann. Water & Sewer: $2,400 Ann Insurance: $6,041 Ann. Taxes: $10,973.90 Ann. Total Expenses: $23,909.90 Ann. Net Operating Income (NOI): $133,321.78 Ann. (8.69% Cap!!!)
Read More About This Property
Read Less About This Property
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Building Units: 4
- Floors: 2
- MLSID: 969051
- Rooms: Basement
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$1,990,000
Other
8848 Myrtle Avenue
Glendale, NY 11385
Land: 0.06 Acres
Courtesy Of AA REALTY FIRST INC
sale
$1,950,000
Other
1823 Bleecker Street
Ridgewood, NY 11385
Courtesy Of EVERGREEN REALTY & INVESTMENTS
sale
$1,890,000
Single Family Attached
66-01 Myrtle Ave, Glendale, NY 11385
Queens, NY 11385
Courtesy Of Century 21 Sherlock Homes
sale
$1,890,000
Multi-Family
66-01 Myrtle Avenue
Queens, NY 11385
Listed By CENTURY 21 Sherlock Homes