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7617 Myrtle Avenue
Glendale NY 11385 US

$1,535,000

Pending Listing ID 969051
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Lot: 0.05 Acres
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$1,535,000

Pending Listing ID 969051
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7617 Myrtle Avenue Calling All Investors, Developers, & End-Users!!! 8.69 Cap 100% Occupied 4 Unit 3, 300 Sqft. Corner Mixed-Use Building In Glendale For Sale!!! The Property Features Excellent Signage, Great Exposure, R4B/C1-3 Zoning, High 9' Ceilings, (2) 3 Br. Apartments, (1) 2 Br. Apartment, Basement, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Glendale Just 3 Blocks From The Jackie Robinson Parkway!!! The Property Has 21' Of Frontage On Myrtle Ave. + 106' On 78th St.!!! Neighbors Include Starbucks, USPS, HomeGoods, Ulta Beauty, T.J. Maxx, Chili's Bar & Grill, Cold Stone Creamery, California Pizza Kitchen, Dunkin', McDonald's, Regal Cinemas, Dollar General, Wendy's, Subway, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Myrtle Meds Pharmacy: $39, 403.68 Ann.; 3% Ann. Inc.; Lease Exp.: 8/31/29. Apt. 1 (3 Br.): $41, 568 Ann.; Lease Exp.: 2/28/27. Apt. 2 (2 Br.): $34, 692 Ann.; Lease Exp.: 4/30/27. Apt. 3 (3 Br.): $41, 568 Ann.; Lease Exp.: 2/28/27. Gross Income: $157, 231.68 Ann. Expenses: Gas: $0 Ann. Electric: $495 Ann. Maintenance & Repairs: $4, 000 Ann. Water & Sewer: $2, 400 Ann Insurance: $6, 041 Ann. Taxes: $10, 973.90 Ann. Total Expenses: $23, 909.90 Ann. Net Operating Income (NOI): $133, 321.78 Ann. (8.69% Cap!!!)

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Property Features

  • Facts
  • Lot Size: 0.05 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Additional Features
  • Basement

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 1535000
  • unparsedaddress: 7617 Myrtle Avenue
  • postalcity: Glendale
  • stateorprovince: NY
  • country: US
  • postalcode: 11385
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0453
  • lotsizeunits: Acres
  • lotsizearea: 0.0453
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Richard Matt Shane
  • listagentemail: matthewshane8828@gmail.com
  • listagentkey: 3yd-MLSLINY-176463
  • listagentmlsid: 176463
  • listagentpreferredphone: 5162798828
  • listagentofficephone: 5162798828
  • listofficekey: 3yd-MLSLINY-CBE01
  • listofficemlsid: CBE01
  • disclaimer: Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLSLINY
  • yearbuilt: 1938
  • listingcontractdate: 2026-03-09
  • listagentfax: 5167836023
  • listagenturl: http://www.allislandestates.com
  • countyorparish: Queens
  • parcelnumber: 038260034
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Basement
  • basement: Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"All Island Estates Realty Corp", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"matthewshane8828@gmail.com", "ListBrokerageCity":"Wantagh", "ListBrokerageCountry":"US", "ListBrokerageEmail":"judith@allislandestates.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MLSLINY/f11aa4f1d8df11e5a55d32bc746d855f/20160226212801962.png", "ListBrokerageName":"All Island Estates Realty Corp", "ListBrokeragePhone":"(516) 532-9184", "ListBrokeragePostalCode":"11793", "ListBrokerageStateOrProvince":"NV", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3242 Railroad Avenue", "ListBrokerageWebsiteUrl":"http://www.allislandestates.com", "ListOfficeAddress1":"3242 Railroad Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"CBE01", "ListOfficeCity":"Wantagh", "ListOfficeCountry":"US", "ListOfficeEmail":"judith@allislandestates.com", "ListOfficePostalCode":"11793", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Glendale, NY", "ListingURL":null, "MLSModificationTimestamp":"2026-05-07 07:08:38", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":10974, "TaxDescription":null, "TaxYear":"2026"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/10/2026 11:41:18 PM GMT
Source Updated Date: 7/12/2026 12:43:58 AM GMT

Courtesy of: Richard Matt Shane, All Island Estates Realty Corp, matthewshane8828@gmail.com

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.