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Commercial > Mixed Use
Active
10/08/2025
List Price
$1,700,000$515/ft²

7617 Myrtle Ave
Glendale, NY 11385

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  • 7617 Myrtle Ave, Glendale, NY 11385 is a 3,300 ft² commercial mixed use property property built in 1938 on a 0.045 acre lot. This commercial mixed use property is currently listed for $1,700,000, and it was last sold in 2016 for $850,000.

    MLS Description

    The listing agent's description. Original Listing

    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.

    Listing Agents

    The listing agent for 7617 Myrtle Ave is Blima Gold.

    Current Ownership

    Information about the current owner(s).

    Property History

    7617 Myrtle Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 7617 Myrtle Ave

    School Information

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    Neighborhood

    This property is located in Glendale, Glendale, NY 11385.

    Market Trends

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    Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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