Glendale NY, 11385
$1,880,000
Mixed Use
Commercial
Details
ML#: 3533540
- # of Families: 3
- Business Type: Commercial, Mixed Use, Residential
- Sale or Rent:Sale
- Year Built: 1931
- Taxes: $7,562
- Status:Active
Description
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.
More Property Details
Building Size: 19*55
Lot Size: 0.04
Lot Sq Ft: 1900
Heat: Natural Gas, Forced Air
Sewer: Public Sewer
Taxes: $7,562
Zoning: R5D, C1-3
Block: 3593
Lot: 13
Listing Information provided courtesy of
RE/MAX 1st Choice
516-888-6000