Price Reduced 10.00%
Listing courtesy of Crifasi Realty Associates Inc Phone: (718) 821-5999
Price History
$1,550,000
5/16/2024
$1,450,000
6/14/2024
$1,395,000
8/5/2024
71-20 Central Avenue, Queens, (Glendale), NY, 11385
18 rooms
7 beds
5 Full baths
1900
0 sqft
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.
Status:
Active
Town:
Queens
Type:
Single-family residential
Furnished Remarks:
Unfurnished
Laundry Remarks:
Building None,None
Units:
0
Heating:
None
Lot Size:
2000
Est. Taxes:
$13,236
Pet Policy:
Building No, No
MLS #:
RLMX-100218
Community Info
School Info
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