Price Reduced 6.45%

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


71-20 Central Avenue, #*, Queens, (Glendale), NY, 11385

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

Walk Score

Mass Transit

Yelp


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