MLS # | L3552448 |
Construction Year | 1931 |
Taxes (per year) | $13,238 |
Fuel Type | Oil |
Heat type | Hot water |
Air Conditioning | Wall Unit AC |
Basement | Full basement |
Garage Type | Attached |
Bus | 3 min to Q55, QM24, QM25 |
LIRR | 2.1 miles to "Forest Hills" |
2.3 miles to "East New York" | |
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., Building Size:20 x 50 © 2024 OneKey™ MLS, LLC