83-7 Myrtle Ave, Ridgewood, NY 11385

Lot Size: 20’x100’ Building Size: 20’x55’ Fully Vacant, sold As Is. Incredible opportunity to own this mixed-use property in the heart of Glendale. Located on Myrtle Ave with easy access to the park, transportation, shops and more – this property features a spacious and (mostly) finished first floor commercial store front – excellent for an office, deli and more. Fully tiled, new sheetrock, half bath as well as a tranquil backyard. First floor also offers direct access to the full and unfinished basement with its own access to the back yard. Second floor has a separate entrance and leads up to a 3-bedroom apartment. Enter a spacious eat in kitchen, 2 bedrooms in the rear, living room in the middle and a grand main bedroom in the front which can be divided to offer an office or nursery. Delivered fully vacant, this property needs some work and is priced to reflect that! Sellers are highly motivated and ready to hear all offers. INCOME: 2nd floor potential rental income – As Is: $2,000/mo Renovated: $2,500/mo Commercial potential rental income: $2,400-$2,700/mo Approximate 8% Cap Rate