$1,450,000
71-20 Central Avenue, Glendale, Queens, NY, 11385, USA
MLS#
3552448
Property type
Residential For Sale, Multi-Family, Multi Family
Land size
2,000 sqft (186 m2)
Bedrooms
7
Baths
5
Bathrooms
5
Total number of rooms
18
Sale price per sqm
0 $
Save Listing
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 Details
Year Built:
1931
Style:
Multi-Level
Construction:
Brick
Property Features:
Garage
Heating System:
Hot Water, Oil
Cooling System:
Window Unit(s)
Lot Description:
Corner Lot
Basement and Foundation:
Unfinished
Association/Community Features Description:
Park
Parking / Garage
Garage Spaces:
2
Garage Description:
Attached Garage, Private
Carport Description:
Attached Carport
School Information
High School District:
Queens 24
Elementary School:
Ps 91 Richard Arkwright
High School:
Queens Metropolitan High School
Middle School:
Is 119 Glendale (The)

Contact Me

  • Sal J Crifasi
  • Crifasi Real Estate Inc
  • Phone: 718-782-4411