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78-11 73rd Place

Glendale, NY 11385
  • $1,648,000
  • STATUS: Active
  • ON SITE: 94 Days
  • MLS #: 848301
Price Reduced
UPDATED: 64 min ago
$1,648,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:
Area:

School Information

Elementary School:
High School:
School District:

Description

Rare Investment Opportunity in Glendale! Discover this exceptional 6-Family brick and block building nestled on a 2,500 sq ft lot in the heart of Glendale. With a solid 20 ft x 75 ft footprint, this fully occupied property is a turn-key addition to your portfolio. Featuring 11 bedrooms and 6 full bathrooms, each spacious apartment comes with a 1-year lease in place. All tenants are current on rent, providing peace of mind and reliable cash flow currently generating $107,760 annually. Perfectly situated near schools, shopping, and public transportation, this property combines location, stability, and income potential. Showings by appointment only 24-hour notice required. Don't miss your chance to own a high-performing asset in one of Queens' most desirable neighborhoods!

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-07-16T19:18:40.517.
www.nicoleburkehomes.com/homes/162544891
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78-11 73rd Place Glendale, NY 11385

  • Price: $1,648,000
  • Status: Active
  • On Site: 94 Days
  • Updated: 64 min ago
  • MLS #: 848301
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1925
Built
Neighborhood:
New York
County:
Queens
Area:
New York
Elementary School:
Ps/Is 113 Anthony J Pranzo
High School:
Maspeth High School
School District:
Queens24
Property Description
Rare Investment Opportunity in Glendale! Discover this exceptional 6-Family brick and block building nestled on a 2,500 sq ft lot in the heart of Glendale. With a solid 20 ft x 75 ft footprint, this fully occupied property is a turn-key addition to your portfolio. Featuring 11 bedrooms and 6 full bathrooms, each spacious apartment comes with a 1-year lease in place. All tenants are current on rent, providing peace of mind and reliable cash flow currently generating $107,760 annually. Perfectly situated near schools, shopping, and public transportation, this property combines location, stability, and income potential. Showings by appointment only 24-hour notice required. Don't miss your chance to own a high-performing asset in one of Queens' most desirable neighborhoods!
Exterior Features

Construction Materials Brick Fencing Partial Lot Features Back Yard Parking Total 0 Property Attached YN No Stories Total 3 Waterfront YN No

Interior Features

Appliances MicrowaveRefrigeratorStainless Steel Appliance(s)Gas Water Heater Basement Details FinishedFullStorage SpaceWalk-Out Access Basement YN Yes Cooling Varies by UnitWall/Window Unit(s) Elevator YN No Flooring HardwoodLaminate Number Of Heat Units 1 Number Of Heating Zones 6

Property Features

Building Area Total 4500 Building Features Marble CountersShades/Blinds Gross Income 107760 Heating Natural GasSeparate Meters Lot Size Area 2500 Net Operating Income 87061 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 6 Operating Expense 20799 Property Condition Updated/Remodeled Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 25162 Tax Source Other Total Vacancies 0 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedTrash Collection Public Water Source Public

Listing courtesy of Anthony J. Reardon of Campione Realty: 718-326-3003
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-07-16T19:18:40.517.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803