For sale
  • $1,700,000

    7617 Myrtle Ave, Glendale, NY 11385

    --beds
    3,300sqft
    Mixed Use
    Built in 1938
    1,973 Square Feet Lot
    $-- Zestimate®
    $515/sqft
    $-- HOA

    What's special

    Central air and heatResidential apartments
    76-17 Myrtle Avenue is a two-story, mixed-use building consisting of three residential apartments and one retail store, prominently situated at the corner of Myrtle Avenue and 78th Street in the Glendale section of Queens. Property Highlights: Low Taxes: Favorable tax class limits annual increases to an average of 4% over five years. Turnkey Investment: All rents are fully covered by Section 8 / CityFHEPS with no tenant contribution, providing highly reliable cash flow. Rental Growth: Section 8 voucher values have increased by an average of 7.7% annually over the past three years. Lower Operating Costs: Apartments are equipped with central air and heat, reducing the landlord’s share of utility and maintenance expenses.
    21 days
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