Check Availability
$1,880,000
Commercial - For Sale

62-22 Myrtle Avenue

Glendale, NY 11385
bedrooms
Studio
bathrooms
0 Bath
$9,862
Estimated Monthly
$0
HOA / Fees
0.36%
Cap Rate

About This Property

This is an exceptional mixed-use property ideally located in a vibrant neighborhood, offering both commercial and residential spaces that epitomize convenience and income potential. The ground floor hosts a thriving retail space leased to a prominent tenant, enjoying high visibility on Myrtle Ave, while the upper floors feature two well-appointed residential units on each level. Each unit offers two bedrooms and one bath, providing comfortable living spaces that generate attractive rental income. This prime location ensures convenient access to transportation, major thoroughfares, and a variety of shopping and dining options, making it a desirable destination for residents. The neighborhood's bustling commercial districts and serene green spaces cater to diverse interests, enhancing the overall quality of life. With a stable tenant base, favorable rental rates, and consistently high occupancy rates, this property represents an excellent investment opportunity for those seeking both financial returns and the vibrant energy of urban living.
Unit Size
-
Days on Market
65 days
Land Size
0.04 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$630
HOA Dues
-
Year Built
1931
Listed By
Si Zhang
B Square Realty Inc
Last updated: 3 months ago (OneKey MLS #ONE3533540)

Price History

Date / Event Date Event Price
Feb 23, 2024 Listed by RE/MAX 1st Choice $1,880,000
Listed by RE/MAX 1st Choice
Aug 8, 2019 Sold to New 6222 Myrtle Llc $1,740,000
Sold to New 6222 Myrtle Llc
Nov 12, 2014 Sold to 6222 Myrtle Llc $660,000
Sold to 6222 Myrtle Llc

Property Highlights

Parking Available
Exterior Details

Property Information

Square Footage : 3135
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1931

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Acres: 0.04
Lot Size Square Feet: 1900
Lot Size Dimensions: 19x100
Financial Details
Tax Annual Amount: $7,562

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$1,900,000 Jun 23, 2019
$1,900,000 Oct 31, 2019
$525/mo
Commercial
Loft
-
-
$1,450,000 Jul 10, 2023
$1,450,000 Nov 27, 2023
$1,858/mo
Commercial
Loft
-
-
$1,500,000 Jul 7, 2020
$1,500,000 Jan 19, 2022
-
Commercial
Loft
-
-
$1,380,000 Feb 27, 2021
$1,380,000 Oct 26, 2021
-
Other
Loft
-
-
$1,748,000 Jul 18, 2020
$1,748,000 Jan 7, 2022
-
Multifamily
15 Beds
8 Baths
-
$1,600,000 Mar 10, 2022
$1,600,000 Jul 26, 2022
$1,609/mo
Commercial
Loft
-
-
$1,598,000 Jul 17, 2023
-
$1,441/mo
Commercial
Loft
-
-
$2,199,000 Mar 1, 2023
-
$1,891/mo
Multifamily
Stu
-
-
$1,699,000 Dec 19, 2023
-
-
House
Stu
-
-
$1,625,000 Nov 18, 2022
-
$2,091/mo
Multifamily
6 Beds
3 Baths
-
$1,890,000 Mar 4, 2024
-
$709/mo
Multifamily
4 Beds
2 Baths
-
$1,700,000 Jan 29, 2024
-
$698/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230505
05/05/2023
6 Bed
3 Bath
-
$1,799,000
bedrooms
6 Bed
bathrooms
3 Bath
-
-
-
Lina Shi
S10 Realty Group LLC

Building Info

62-22 Myrtle Avenue 62-22 Myrtle Avenue, Ridgewood, NY 11385
  • 3 Units
  • 1 Unit for Sale
More about this Building
62-22 Myrtle Avenue
Want to find out who owns 62-22 Myrtle Avenue, Ridgewood, NY 11385? Get detailed property transactions here .

About Northwestern Queens


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