71-20 Central AVE Pending Save Request In-Person Tour Request Virtual Tour
Glendale,NY 11385
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID KEYL3552448
Style Other
Bedrooms 7
Full Baths 5
Originating Board onekey2
Rental Info No
Year Built 1931
Annual Tax Amount $13,238
Lot Dimensions 20x100
Property Description
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., Building Size:20 x 50
Location
State NY
County Queens
Rooms
Basement Full,Unfinished
Interior
Interior Features First Floor Bedroom
Heating Oil,Hot Water
Cooling Wall/Window Unit(s)
Flooring Hardwood
Fireplace No
Appliance Oil Water Heater
Exterior
Parking Features Attached,Private
Utilities Available Trash Collection Public
Total Parking Spaces 2
Private Pool No
Building
Lot Description Corner Lot,Near Public Transit,Near School
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Brick
Schools
Elementary Schools Ps 91 Richard Arkwright
High Schools Queens Metropolitan High School
School District Queens24
Others
Senior Community No
Special Listing Condition None