This is an exceptional mixed use property ideally located in a vibrant neighborhood, offering both commercial and residential spaces that epitomize convenience and income potential.


Property

Website:https://www.nestseekers.com/3424617
Address:
62-22 Myrtle Avenue
Glendale, NY 11385
Cross street:62 Street
Ownership: For Sale
Type: Commercial
Bedrooms: Studio
Lot Size: 1900 sq ft

Financials

Price: $1,880,000
Annual Taxes: $7,562

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Description

This is an exceptional mixed-use property ideally located in a vibrant neighborhood, offering both commercial and residential spaces that epitomize convenience and income potential. The ground floor hosts a thriving retail space leased to a prominent tenant, enjoying high visibility on Myrtle Ave, while the upper floors feature two well-appointed residential units on each level. Each unit offers two bedrooms and one bath, providing comfortable living spaces that generate attractive rental income. This prime location ensures convenient access to transportation, major thoroughfares, and a variety of shopping and dining options, making it a desirable destination for residents. The neighborhood's bustling commercial districts and serene green spaces cater to diverse interests, enhancing the overall quality of life. With a stable tenant base, favorable rental rates, and consistently high occupancy rates, this property represents an excellent investment opportunity for those seeking both financial returns and the vibrant energy of urban living.

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Courtesy of RE/MAX 1st Choice