76-17 Myrtle Avenue 76-17 Myrtle Avenue is a two-story, mixed-use building consisting of three residential apartments and one retail store, prominently situated at the corner of Myrtle Avenue and 78th Street in the Glendale section of Queens. Property Highlights: Low Taxes: Favorable tax class limits annual increases to an average of 4% over five years. Turnkey Investment: All rents are fully covered by Section 8 / CityFHEPS with no tenant contribution, providing highly reliable cash flow. Rental Growth: Section 8 voucher values have increased by an average of 7.7% annually over the past three years. Lower Operating Costs: Apartments are equipped with central air and heat, reducing the landlord’s share of utility and maintenance expenses.