Queens (Glendale), NY, 11385 | $2,095,000

Welcome to 72-46 66th Place, situated on a quiet residential treelined street in Glendale, Queens.

Built in 1965, this meticulously maintained brick building is currently configured as three-units plus finished Basement, offering outstanding investment and end-user opportunities, boasting over 4500 interior sqft.

For investors, the property, delivered VACANT, has the scale and flexibility for significant rental income potential, to maximize investment returns.  Queens, easily accessible to Brooklyn and Manhattan,  is fast emerging as a booming rental market driven by population growth and high demand for housing. In the borough of Queens, rental prices are increasing steadily on average 6-7% annually.

This property stands out due to its:

• multi-family configuration;
• impressive 3, 232 sqft of liveable space;
• c. 1300 sqft of outdoor space;
• plus the immaculate finished basement providing an additional 1100 sqft of multi-function recreation space and laundry facilities.

This Glendale home is also desirable for an end-user, the vast size and flexible setup make it ideal for multi-generational living.

The 2, 490 sqft lot provides an abundance of outdoor opportunities:  

• enhanced accessibility, convenience and premier security;
• ample parking space in extended driveway, with direct access to first floor via side door;
• convenient front driveway off-street parking;
• back yard with grass and patio area;
• in addition there is a balcony on the 2nd floor.

The property features four immaculately maintained floors, with spacious, functional layouts. The basement, with an established laundry area is clean and bright with access to the back yard. Great as spillover recreational space or add a gym or additional storage.

The first floor is setup as a spacious one bedroom apartment, sunlit with plenty of space for separate living and dining areas.  Above, the two, three bedrooms apartments with their large bedrooms, plethora of closets and spacious living and dining rooms with open kitchens, are particularly attractive to end-users or tenants seeking bright, usable open-plan spaces. The private balcony (an sought-after amenity) provides an additional accessible outdoor oasis.

Move-in ready, no work required! The immaculately preserved kitchens add a hint of vintage charm. The recent updates including freshly painted walls, and newly finished hard wood floors, plus a new Hot Water Heater, mean this property offers immediate rental income.

Additionally, the fully fenced backyard with real grass, private driveway, and built-in garage provide coveted amenities, enhancing its appeal to renters or end-users.

The built-in garage and private driveway accommodating multiple vehicles for resident's ultimate convenience and the prime location in a high-demand rental market are the ideal criteria for rental growth and strong appreciation potential

This Glendale opportunity offers easy access to major transit routes, including the Q55, Q29, Q54, and Q39 buses, with convenient connections to the M train at Metropolitan Avenue and the L train at Halsey Street. It's also well-positioned near the Jackie Robinson Parkway and the Long Island Expressway, providing excellent driving routes to Manhattan, Brooklyn, and Long Island.

Close to Forest Park, which features extensive walking and biking trails, a golf course, playgrounds, and sports facilities, as well as The Shops at Atlas Park for shopping and dining, the location combines suburban tranquility with city accessibility.  

Reach out today for your chance to invest in this high-potential property, in an increasingly sought-after borough.

Schedule your private viewing today!

 

 

 

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