Daniel Gale Sotheby's International Realty

Licensed Associate Broker, GRI, CBR & SRES | Direct: 631.692.9298

Daniel Gale Sotheby's International Realty

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  • 4-family with a retail storefront in Prime Glendale, Queens! All residential units are free market with no leases in place. This is Unique Investment Opportunity as the adjacent property is also for sale. *Note that the price listed here is for this building only. There is a preference for buyers looking to obtain both properties. This well-positioned package offers incredible rental income potential, ideal for generating consistent revenue and perfect for the savvy investor. These two buildings have been in the same family for generations and are available together for the first time, having been carefully tended to for decades. A trusted dry cleaning business with a loyal customer base occupies the first floor of this building, bringing immediate income potential and community recognition. Ideal opportunity for an owner/user. This high-traffic location on Myrtle Ave, one of Queen’s most well-known thoroughfares, with excellent visibility, draws plenty of foot traffic to retail spaces and adds value to residential leases. Both buildings feature stable residential units and street-level commercial spaces, creating immediate and diversified cash flow. Great potential for rent growth in a steadily appreciating neighborhood, enhancing long-term value., Additional information: Interior Features:Lr/Dr 18
    71-31 Myrtle Avenue Glendale, NY 11385
    $1,365,000
    4 Bedrooms 4 Full Baths 1 Half Bath
    Commercial For Sale ML# 3590985
    4-family with a retail storefront in Prime Glendale, Queens! All residential units are free market with no leases in place. This is Unique Investment Opportunity as the adjacent property is also for sale. *Note that the price listed here is for this building only. There is a preference for buyers looking to obtain both properties. This well-positioned package offers incredible rental income potential, ideal for generating consistent revenue and perfect for the savvy investor. These two buildings have been in the same family for generations and are available together for the first time, having been carefully tended to for decades. A trusted dry cleaning business with a loyal customer base occupies the first floor of this building, bringing immediate income potential and community recognition. Ideal opportunity for an owner/user. This high-traffic location on Myrtle Ave, one of Queen’s most well-known thoroughfares, with excellent visibility, draws plenty of foot traffic to retail spaces and adds value to residential leases. Both buildings feature stable residential units and street-level commercial spaces, creating immediate and diversified cash flow. Great potential for rent growth in a steadily appreciating neighborhood, enhancing long-term value., Additional information: Interior Features:Lr/Dr
    Presented By: Compass Greater NY LLC  212-913-9058
    Call Today: (631)-692-9298, or  Email: Jeanne Leonard
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Jeanne Posillico Leonard Licensed Associate Broker Direct: 631.692.9298 jeanneleonard@danielgale.com
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5 Main Street, Cold Spring Harbor, NY 11724 | Direct: 631.692.9298

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Each office is independently owned and operated. We are pledged to provide equal opportunity for housing to any prospective customer or client, without regard to race, color, religion, sex, handicap, familial status or national origin.

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Sotheby's International Realty® is a registered trademark licensed to Sotheby's International Realty Affiliates LLC. Each Office is Independently Owned and Operated.

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Direct: 631.692.9298
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Jeanne Posillico Leonard

Jeanne Posillico Leonard

Licensed Associate Broker

Direct: 631.692.9298 Email:
5 Main Street, Cold Spring Harbor, NY 11724