Homes for sale - 71-20 Central AVE, Glendale, NY 11385

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Feliciano Ortiz

iknowarealtor@gmail.com +1(845) 275-2319

$1,395,000

Est. payment - /mo

7 Beds

5 Baths

3,360 SqFt

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UPDATED:

11/22/2024 07:32 PM

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,360 sqft

Price per Sqft $415

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

Garage 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

New Construction No

Schools

Elementary Schools Ps 91 Richard Arkwright

High Schools Queens Metropolitan High School

School District Queens24

Others

Senior Community No

Special Listing Condition None

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Listed by Crifasi Real Estate Inc

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Feliciano Ortiz

+1(845) 275-2319

Agent | License ID: 10401383696

Agent License ID: 10401383696

71-20 Central AVE Glendale, NY 11385

Feliciano Ortiz

Feliciano Ortiz

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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71-20 Central AVE