6222 Myrtle AveGlendale, NY 11385

For Sale
$1,799,000

High-yield retail & residential property.

Overview

Added:
Feb 3
Days on market:
39
This exceptional Glendale, NY mixed-use property at 6222 Myrtle Ave offers a compelling investment opportunity. The 3,135 square foot building boasts a thriving ground-floor retail space currently leased to an established tenant, ensuring consistent income. High visibility on Myrtle Avenue guarantees strong foot traffic and excellent exposure. Above the retail space are two well-maintained residential units, each featuring two bedrooms and one bathroom. These units provide additional rental income streams, contributing to the property's overall profitability. The building's dimensions are 19 feet by 55 feet. The property's prime location offers easy access to public transportation, major roadways, and a wide variety of shopping and dining establishments. The surrounding neighborhood is a blend of bustling commercial activity and peaceful residential areas, creating a desirable living environment. The consistently high occupancy rates and competitive rental income make this a financially sound investment, ideal for those seeking a blend of commercial and residential returns in a vibrant urban setting. This property presents a rare chance to acquire a well-established, income-generating asset in a thriving location.

Location Insight

City
Glendale
County
Queens
State
New York
Latitude
40.70079
Longitude
-73.8925
6222 Myrtle Ave, Glendale, New York

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6222 Myrtle Ave
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