Exceptional mixed-use investment opportunity in the heart of Glendale, Queens, located directly on bustling Myrtle Avenue. This income-producing property features a highly visible ground-floor commercial storefront ideal for a variety of retail, service, or professional uses, complemented by a full basement offering abundant storage and operational space. An additional rear outdoor area provides added flexibility and value. Above the commercial space there are two apartments on second and third level. The third floor is a beautifully renovated three-bedroom residential apartment featuring modern finishes throughout. Highlights include a custom-designed bathroom with a touchscreen mirror, tiled shower walls, spa-style shower system, a contemporary kitchen with ceiling-height cabinetry, formal dining room, spacious living room, and three generously sized bedrooms. Second floor apartment has the same layout and potential. Positioned in one of Glendale's most active commercial corridors, the property benefits from constant pedestrian and vehicular traffic, surrounded by established retailers, restaurants, and neighborhood businesses. Convenient access to public transportation and major thoroughfares further enhances its appeal. Whether you're an investor seeking strong rental income and long-term appreciation or an owner-user looking to operate a business while generating residential income, this turnkey mixed-use property presents an outstanding opportunity with excellent return-on-investment potential in a thriving Queens neighborhood.
| MLS # | 1010995 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 94 |
| Listing Provided By | Douglas Elliman Real Estate | Tsui Ying Hsu CIPS |
| SQ Feet | 3,021 |
|---|---|
| Basement | Y |
| Zoning | R5D |
| Acreage | 0.04 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas |
| Construction Materials | Brick |
|---|
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 64380 |
| Tax Annual Amount | 8391.2 |
| State | NY |
|---|---|
| County | Queens |
| City | Glendale |
| Zip Code | 11385 |
| Listing VS Median (in 11385) | |
Price: $1,499,000 low | high Med: $1,100,000 sqft: 3,021 low | high Med: 3,300 $ / sqft: $496 low | high Med: $333 On site: 94 low | high Med: 123 | |
| State | NY |
|---|---|
| County | Queens |
| City | Glendale |
| Zip Code | 11385 |
| Listing VS Median (in 11385) | |
Price: $1,499,000 low | high Med: $1,100,000 sqft: 3,021 low | high Med: 3,300 $ / sqft: $496 low | high Med: $333 On site: 94 low | high Med: 123 | |
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