Dreifachwohnung In Glendale

Welcome to 75-21 Myrtle Avenue, a well-positioned 3-family mixed-use property in the heart of Glendale.
The property features two spacious 2-bedroom apartments and one 1-bedroom apartment, plus a commercial storefront on the ground level and basement.
An attached 2-car garage provides additional convenience and value, offering valuable parking and storage space in the area.
Currently generating approximately $124,000 in annual rental income with a 6.64% cap rate, the property offers an attractive combination of immediate cash flow and future upside. Conveniently located near public transportation, including the Q55 and Q29 bus routes, with easy access to the M and L subway lines, providing convenient connections throughout Queens and Brooklyn.
This semi-attached brick building offers an excellent opportunity for investors seeking stable income and long-term potential.