71-20 Central AVE Pending Save Request In-Person Tour Request Virtual Tour
Glendale,NY 11385
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $415
MLS Listing ID 3552448
Style Other
Bedrooms 7
Full Baths 5
Originating Board onekey
Rental Info No
Year Built 1931
Annual Tax Amount $13,238
Lot Size 2,178 Sqft
Acres 0.05
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.
Location
State NY
County Queens
Zoning R4-1
Rooms
Basement Full,Unfinished
Kitchen 5
Interior
Interior Features First Floor Bedroom
Heating Oil,Hot Water
Cooling Window Unit(s)
Fireplace No
Exterior
Garage Private,Attached,2 Car Attached
Garage Spaces 2.0
Parking Type Private,Attached,2 Car Attached
Total Parking Spaces 2
Garage true
Building
Lot Description Corner Lot,Near Public Transit
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Brick
New Construction No
Schools
Elementary Schools Ps 91 Richard Arkwright
Middle Schools Is 119 Glendale (The)
High Schools Queens Metropolitan High School
School District Queens 24
Others
Senior Community No
Special Listing Condition None