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70-03 Myrtle Ave
Glendale, NY 11385
Retail Property For Sale
Executive Summary
Investment Property Realty Group (IPRG) has been exclusively retained to sell 70-03 Myrtle Avenue in the Glendale Section of Queens.
The property offers 2 apartments, and 1 large retail space built 98 feet deep totaling 1800+ SF. The retail space will be delivered vacant.
The property is located within walking distance to the Fresh Pond Rd M Train.
The property offers 2 apartments, and 1 large retail space built 98 feet deep totaling 1800+ SF. The retail space will be delivered vacant.
The property is located within walking distance to the Fresh Pond Rd M Train.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,888 SF
Building Class
C
Year Built
1899
Price
$1,758,610 CAD
Price Per SF
$452.32 CAD
Cap Rate
7.66%
NOI
$134,710 CAD
Percent Leased
49%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.23
Lot Size
0.04 AC
Zoning
R5D, C2-3 - Medium density district with a height limit of 40 feet
Frontage
19’ on Myrtle Ave
Property Taxes
| Parcel Number | 03686-0058 | Improvements Assessment | $48,610 CAD |
| Land Assessment | $13,348 CAD | Total Assessment | $61,957 CAD |
Property Taxes
Parcel Number
03686-0058
Land Assessment
$13,348 CAD
Improvements Assessment
$48,610 CAD
Total Assessment
$61,957 CAD
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