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 | Request Cap Rate

NEW


7951 Myrtle Ave
Glendale, NY 11385


HIGHLIGHTS

  • Please contact Jackie Mistretta for more details | 516 603 2955

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. Located directly across from Forest Park and adjacent to residential housing, the property combines strong visibility with neighborhood charm. Its strategic location offers direct access to the Jackie Robinson Parkway and proximity to local amenities, making it an ideal opportunity for investors or owner-users looking for a well-maintained asset in the heart of Glendale.

FOR SALE DETAILS

PRICE

$1,675,000 USD

PRICE/SF

$912 USD /SF

CAP RATE

Request Cap Rate

% 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

3,564 SF

ZONING

R5B

APN/PARCEL ID

03830-0082

ASK ABOUT THIS PROPERTY

Guy CanzoneriBerkshire Hathaway CommercialMore Info
516-607-7722

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Guy CanzoneriBerkshire Hathaway CommercialMore Info
516-607-7722

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