71-20 Central Avenue Pending Save Request In-Person Tour Request Virtual Tour
Queens,NY 11385
Key Details
Property Type House
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Subdivision Glendale
MLS Listing ID RLMX-100218
Bedrooms 7
Full Baths 5
HOA Y/N Yes
Year Built 1900
Annual Tax Amount $13,236
Property Description
Welcome to your next investment opportunity in Glendale, NY! This well-maintained corner brick building boasts a prime location and lucrative potential. Comprising five residential units along with a convenient 2-car garage, this property offers both versatility and convenience. Currently, apartment 1R stands vacant, presenting an immediate opportunity for occupancy or customization. With a potential net annual income of $103,200 upon rental of 1R, and a net income of $72,610, this investment promises substantial returns. The building features four one-bedroom apartments and one spacious three-bedroom unit, catering to a variety of tenant needs. Heating is provided by oil, ensuring comfort throughout the seasons. Located in proximity to Atlas Mall and just a stone's throw away from the express bus on 73rd and Myrtle, commuting into Manhattan is a breeze. Whether tenants seek urban amenities or suburban tranquility, this property offers the best of both worlds. Don't miss out on this exceptional opportunity to add a lucrative asset to your portfolio.
Location
State NY
County Queens
Rooms
Ensuite Laundry Building None,None
Interior
Laundry Location Building None,None
Heating None
Furnishings Unfurnished
Fireplace No
Laundry Building None,None
Exterior
Private Pool No
Building
Dwelling Type House,Multi Family
New Construction No
Others
Ownership None
Monthly Total Fees $1,103
Pets Description Building No,No