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$1,550,000
Est. payment /mo
1,851 Sqft Lot
Open House
Sun Aug 02, 1:00pm - 3:00pm
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1010995
Rental Info No
Year Built 1910
Annual Tax Amount $8,391
Lot Size 1,851 Sqft
Acres 0.0425
Property Sub-Type Mixed Use
Source onekey2
Property Description
Exceptional mixed-use investment opportunity in the heart of Glendale, Queens, located directly on bustling Myrtle Avenue. This income-producing property features a highly visible ground-floor commercial storefront ideal for a variety of retail, service, or professional uses, complemented by a full basement offering abundant storage and operational space. An additional rear outdoor area provides added flexibility and value.
Above the commercial space there are two apartments on second and third level. The third floor is a beautifully renovated three-bedroom residential apartment featuring modern finishes throughout. Highlights include a custom-designed bathroom with a touchscreen mirror, tiled shower walls, spa-style shower system, a contemporary kitchen with ceiling-height cabinetry, formal dining room, spacious living room, and three generously sized bedrooms. Second floor apartment has the same layout and potential.
Positioned in one of Glendale's most active commercial corridors, the property benefits from constant pedestrian and vehicular traffic, surrounded by established retailers, restaurants, and neighborhood businesses. Convenient access to public transportation and major thoroughfares further enhances its appeal. Whether you're an investor seeking strong rental income and long-term appreciation or an owner-user looking to operate a business while generating residential income, this turnkey mixed-use property presents an outstanding opportunity with excellent return-on-investment potential in a thriving Queens neighborhood.
Above the commercial space there are two apartments on second and third level. The third floor is a beautifully renovated three-bedroom residential apartment featuring modern finishes throughout. Highlights include a custom-designed bathroom with a touchscreen mirror, tiled shower walls, spa-style shower system, a contemporary kitchen with ceiling-height cabinetry, formal dining room, spacious living room, and three generously sized bedrooms. Second floor apartment has the same layout and potential.
Positioned in one of Glendale's most active commercial corridors, the property benefits from constant pedestrian and vehicular traffic, surrounded by established retailers, restaurants, and neighborhood businesses. Convenient access to public transportation and major thoroughfares further enhances its appeal. Whether you're an investor seeking strong rental income and long-term appreciation or an owner-user looking to operate a business while generating residential income, this turnkey mixed-use property presents an outstanding opportunity with excellent return-on-investment potential in a thriving Queens neighborhood.
Location
State NY
County Queens
Rooms
Basement Storage Space, Unfinished, Walk-Out Access
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Queens24
School District Queens24
Others
Special Listing Condition None
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Listed by Douglas Elliman Real Estate • Tsui Ying Hsu CIPS
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