71-20 Central Avenue Glendale, NY 11385
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 TypeMulti-Family
- NeighborhoodN/A
- CountyQueens
- Taxes$13,238
- HOA/Condo/Coop Fees$0
- Days on Site17 Days
- MLS StatusActive
- MLS ID Number3552448
- Home Size Source N/A
- Year Built1931
- Lot Size0.05 Acres
- Full Baths5
- Partial BathsN/A
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General Features
- Style Other
- Construction Brick
- Parking PrivateAttached2 Car Attached
- Parking Spaces 2
- Sewer Public Sewer
- Basement FullUnfinished
- Number of Stories Three Or More
- Acreage 0.05
- Water Public
- Zoning R4-1
- Cross Street 71st Place
- Property Sub Type Multi Family
- Garage Spaces 2
- Attached Garage Yes
Interior Features
- Cooling Window Unit(s)
- Heating OilHot Water
- Interior First Floor Bedroom
- Fireplaces 0
Exterior Features
- Lot Corner LotNear Public Transit
Community Features
- Township Queens
- Community Features Park
- Senior Community No