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7102 Myrtle Ave
Glendale, NY 11385

$2,000,000 USD

Apartments For Sale  •  10,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,112 SF
  • Lot Size 0.4 AC
  • Building Class C
  • Year Built 1931
  • Zoning C2-3
59 Transit Score
92 Walk Score

Highlights

Prime Location: Strategically positioned on the corner of Myrtle Avenue and 71st Avenue, offering high visibility and accessibility.
The second floor will be delivered vacant, providing the potential to convert existing office units into four residential apartments
Current rents are significantly below market value, with market rents estimated to be 40-50% higher, offering substantial upside for income growth.
Glendale, Queens is a highly sought-after area, benefiting from the ongoing spillover of development and demand from neighboring Bushwick&Williamsburg

Amenities

  • Kitchen
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
Forest Hills Station (Babylon Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road) 6 min - 2.5 mi
East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 6 min - 3.2 mi
Transit/SubwayDriveWalkDistance
Fresh Pond Road (M - New York MTA Subway (The Subway)) 2 min 20 min 1.0 mi
AirportDriveWalkDistance
Laguardia 15 min - 8.8 mi
John F Kennedy International 14 min - 9.0 mi
Newark Liberty International 35 min - 22.0 mi
DJ Johnston 914-584-7422 Matthews Real Estate Investment Services
DJ Johnston 914-584-7422 Matthews Real Estate Investment Services