7951 Myrtle Ave - Storefront Retail/Residential FOR SALE


Glendale, NY 11385
$1,675,000 USD
516-607-7722
7951 Myrtle Ave, Glendale, NY for Sale
$1,675,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | 7.11% Cap Rate

7951 Myrtle Ave
Glendale, NY 11385


HIGHLIGHTS

  • Prominent location directly across from Forest Park
  • Strong visibility with a desirable neighborhood setting
  • Easy access to the Jackie Robinson Parkway
  • Surrounded by established residential housing
  • Well-positioned near local shops, services, and amenities

OVERVIEW

Berkshire Hathaway Commercial Services is pleased to present 7951 Myrtle Avenue in Glendale, a well-positioned two-story mixed-use property offering a strong owner-user or investment opportunity along one of Queens’ most traveled corridors. The property totals 4,315 SF on a 0.08-acre lot with 2,100 SF of rentable area and is zoned R5B, allowing for a variety of commercial and residential uses. The building is currently occupied by Cubur Dental Lab, Flora’s Florist, and two residential apartments, one of which is owner-occupied and will be delivered vacant upon sale, along with the dental lab space. The lab is currently equipped with a furnace for melting dental impressions which can be utilized for a variety of uses. The building also includes a sizable basement including 10ft ceilings below the florist that can be used for storage, as well as a new roof that was renovated around 3 years ago. The site also features street parking in addition to two private spaces and a two- car garage, offering convenient access for both tenants and customers. Please contact Jackie Mistretta for more details | 516 603 2955

FOR SALE DETAILS

PRICE

$1,675,000 USD

PRICE/SF

$798 USD /SF

CAP RATE

7.11%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

R5B

APN/PARCEL ID

03830-0082

ASK ABOUT THIS PROPERTY

Guy CanzoneriBerkshire Hathaway CommercialMore Info
516-607-7722

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Guy CanzoneriBerkshire Hathaway CommercialMore Info
516-607-7722

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.