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Welcome to your next investment opportunity in Glendale, NY! This well-maintained corner brick building boasts a prime location and lucrative potential. Comprising five residential units along with a convenient 2-car garage, this property offers both versatility and convenience. Currently, apartment 1R stands vacant, presenting an immediate opportunity for occupancy or customization. With a potential net annual income of $103,200 upon rental of 1R, and a net income of $72,610, this investment promises substantial returns. The building features four one-bedroom apartments and one spacious three-bedroom unit, catering to a variety of tenant needs. Heating is provided by oil, ensuring comfort throughout the seasons. Located in proximity to Atlas Mall and just a stone's throw away from the express bus on 73rd and Myrtle, commuting into Manhattan is a breeze. Whether tenants seek urban amenities or suburban tranquility, this property offers the best of both worlds. Don't miss out on this exceptional opportunity to add a lucrative asset to your portfolio.PROPERTY FEATURES
Rooms Total :
18
Water Source :
Public
Community Features :
Parking Features:
Private
Garage Spaces :
2
Lot Features :
Corner Lot
Cooling:
Window Unit(s)
Heating :
Oil
Construction Materials:
Brick
Interior Features:
First Floor Bedroom
Basement :
Full
PROPERTY DETAILS
Street Address: 71-20 Central
City: Glendale
State: New York
Postal Code: 11385
County: Queens
MLS Number: ONE3552448
Year Built: 1931
Courtesy of Crifasi Real Estate Inc
City: Glendale
State: New York
Postal Code: 11385
County: Queens
MLS Number: ONE3552448
Year Built: 1931
Courtesy of Crifasi Real Estate Inc
Courtesy of Real Broker NY LLC
