$1,880,000
●
Commercial -
For Sale
62-22 Myrtle Avenue
Glendale, NY 11385
Studio
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
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
Utilities Details
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Directions: See Google Map
County or Parish: Queens
Other Details
On Market Date: 2024-02-23
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Commercial
Loft
-
-
$1,900,000
Jun 23, 2019
$1,900,000
Oct 31, 2019
$525/mo
Multifamily
15
Beds
8
Baths
-
$1,600,000
Mar 10, 2022
$1,600,000
Jul 26, 2022
$1,609/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/05/2023
|
|
6 Bed
|
3 Bath
|
-
|
$1,799,000
6 Bed
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