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.
Bedroom: 7 Full Bath: 5 Other: 6
Building Size: 20 x 50 Lot Size: 0.05 Lot Sq Ft: 2000 Approx. Int. Sq. Ft.: 3360.00 Garage: Yes Garage: 2.0 Parking Spaces: Yes Parking Spaces: 2 Parking Facilities: Private, Attached, 2 Car Attached
Heat: Oil, Hot Water A/C: Window Unit(s) Water: Public Sewer: Public Sewer Garbage Removal: Public
Taxes: $13,238
School District#: 11 Zoning: R4-1 Block: 3687 Lot: 11
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