7 bedroom house for sale

71-20 Central Avenue Glendale NY 11385

Overview

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

  • Beds: 7
  • Baths:  5
  • Price: $1,450,000
  • Status: Available
  • Open House: -
  • Reference No.: Crifasi_1077

Marketed by:

  • Sal J Crifasi
  • Crifasi Realty Associates
  • 718-908-4223

Location

71-20 Central Avenue Glendale NY 11385

7 bedroom house for sale

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2024-05-31, Viewed 0 times.