71-20 CENTRAL AVE
GLENDALE, NY 11385
$1,550,000
7 Beds
5 Baths
3,360 Sq Ft
Status Active
MLS# 3552448
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.
Details for 71-20 CENTRAL AVE
$461 / Sq Ft
2 parking spaces
Oil, Hot Water
16 Days on website
0.05 acres lot
Area Information for 71-20 CENTRAL AVE
