NY > Glendale
Glendale, NY 11385,71-20 Central AVE
Glendale, NY 11385,71-20 Central AVE
Glendale, NY 11385,71-20 Central AVE
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Bairo Real Estate

Bairo Real Estate

+1(888) 782-2476
$1,395,000
Est. payment /mo
7 Beds
5 Baths
3,360 SqFt
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UPDATED:

10/16/2024 05:17 PM

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

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Listed by Crifasi Real Estate Inc • 718-782-4411
Bairo Real Estate

+1(888) 782-2476 | support@bairorealestate.com

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71-20 Central AVE