Updated 7 years ago
Sold
72-30 Myrtle Ave
Glendale, Queens | 72nd Place & 73rd Street
11 Rooms5 Beds3 Baths3,810 Square FeetMulti-Family
$875,000
floors / apts2 / 2
Lot Size20'x106'
Built Size20'x59'
ZoneR4-1
Building TypeHouse
RE Taxes$6,146
Price Per SF
$230
This property was sold for $726,500 on 11/22/19.
Listing Features
- Window AC Units
Property Description for 72-30 Myrtle Ave
Gas heat: Forced air
Separate Gas and electric meters
Don’t miss your opportunity to own this semi- attached brick 2 family home!
This property consists of a 3 bedroom/1 bathroom apartment over a 2 bedroom 1 bathroom apartment plus a semi finished basement. Both apartments have a washer dryer hookup.
This home is conveniently located near shopping, banks, restaurants and more. Q55 right to the L and M train right on the corner! Just a few blocks from the Jackie Robinson Highway.
Investment Analysis:
Approximate Monthly Expenses:
Water: $166
Electric: $230
Gas: $193
Insurance: $208
Total Expenses: $797
"Projected" Monthly Income:
Updated Apartment 1: $2,500
Updated Apartment 2: $2,500
Total "projected" Income: $5,000
Potential Monthly NOI (Net Oprating Expense): $4,203 x12 months = $50,436 yearly
Approximately 6% Cap
Tenants are on month to month leases.
Separate Gas and electric meters
Don’t miss your opportunity to own this semi- attached brick 2 family home!
This property consists of a 3 bedroom/1 bathroom apartment over a 2 bedroom 1 bathroom apartment plus a semi finished basement. Both apartments have a washer dryer hookup.
This home is conveniently located near shopping, banks, restaurants and more. Q55 right to the L and M train right on the corner! Just a few blocks from the Jackie Robinson Highway.
Investment Analysis:
Approximate Monthly Expenses:
Water: $166
Electric: $230
Gas: $193
Insurance: $208
Total Expenses: $797
"Projected" Monthly Income:
Updated Apartment 1: $2,500
Updated Apartment 2: $2,500
Total "projected" Income: $5,000
Potential Monthly NOI (Net Oprating Expense): $4,203 x12 months = $50,436 yearly
Approximately 6% Cap
Tenants are on month to month leases.
Listing History for 72-30 Myrtle Ave
Now
11/25/2019
$726,500
Sold and Closed by Andrew Markowitz
Andrew J. Markowitz Real Estate, LLC
10/17/2019
Contract Signed by Andrew Markowitz
Andrew J. Markowitz Real Estate, LLC
Building Details for 72-30 Myrtle Ave
OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts2/2
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 75246TH
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