71 20 Central Avenue
Glendale, NY 11385
- 7 beds
- 5 baths
- 3,360 sqft
- 2,000 sqft lot
- $461 per sqft
- 1931 build
- – on site
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.
Listing courtesy of ONEKEY / Crifasi Real Estate Inc
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Last updated May 23, 2024
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MLS# 3552448 —
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/22/24
May 22, 2024
|
Price Changed | ONEKEY | $1,550,000 | -3.1% |
5/16/24
May 16, 2024
|
Listed / Active | ONEKEY | $1,600,000 |