Robert Lawrence
Robert Lawrence
Call: (516) 902-8081
Text: (516) 902-8081
MLS#1050468
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLQueens24
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Wall/Window Unit(s)
Garage: 2
Heating: Baseboard
Lot Size: 0.05 Acres
Taxes: $9,188
Year Built: 1920
Amenities
First Floor Bedroom
Open Floorplan
Feature Descriptions
Days on Site: 1
Exterior: Brick
GarageY/N: Yes
Lot Dimensions: 20.25' X 99.5'
On Market Date: 2026-09-14
Parcel Number: 04-03825-0034
Parking Features: Garage, On Street
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 3
Separate Gas Meters: 3
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
High School: Grover Cleveland High School
Middle School: Ps/Is 113 Anthony J Pranzo
Elementary School: PS/IS 119 Glendale
School District: Queens24
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Estimated Payment
$ 4,818.41 per month $3,583.16 Principal & Interest $765.67 Property Tax $469.58 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Jamie Realty Group
Agency Contact: 718-886-0668
Shown By
Agent Name: Robert Lawrence
Agent Phone: (516) 902-8081
Agency Title: Laffey Real Estate
75-21 Myrtle Avenue | MLS# 1050468
This multi-family property located at 75-21 Myrtle Avenue, Glendale, NY 11385 is currently listed for sale with an asking price of $1,610,000. 75-21 Myrtle Avenue is located within the Queens24 school district. Search Glendale real estate on robertlawrence.laffey.com today.