71-20 Central Avenue

$1,550,000
Price
7
Beds
5
Baths
3,360 Sq. Ft.
$461 / Sq. Ft.
3,360
Sq. Ft.
$461
per Sq. Ft.

Description

Welcome to your next investment opportunity in Glendale, NY! This well-maintained corner brick building boasts a prime location and lucrative potential. Comprising five residential units along with a convenient 2-car garage, this property offers both versatility and convenience. Currently, apartment 1R stands vacant, presenting an immediate opportunity for occupancy or customization. With a potential net annual income of $103,200 upon rental of 1R, and a net income of $72,610, this investment promises...Welcome to your next investment opportunity in Glendale, NY! This well-maintained corner brick building boasts a prime location and lucrative potential. Comprising five residential units along with a convenient 2-car garage, this property offers both versatility and convenience. Currently, apartment 1R stands vacant, presenting an immediate opportunity for occupancy or customization. With a potential net annual income of $103,200 upon rental of 1R, and a net income of $72,610, this investment promises substantial returns. The building features four one-bedroom apartments and one spacious three-bedroom unit, catering to a variety of tenant needs. Heating is provided by oil, ensuring comfort throughout the seasons. Located in proximity to Atlas Mall and just a stone's throw away from the express bus on 73rd and Myrtle, commuting into Manhattan is a breeze. Whether tenants seek urban amenities or suburban tranquility, this property offers the best of both worlds. Don't miss out on this exceptional opportunity to add a lucrative asset to your portfolio.

Amenities

  • Park Views
  • Walk Up
  • Window AC can be Installed
  • Air Conditioning
  • Attached Parking
  • Garage
  • Basement
  • Hot Water Heating

Location

Listing Courtesy of Crifasi Realty Associates Inc
Add your commute
LISTING UPDATED: 05/30/2024 11:38 PM

Property Details for 71-20 Central Avenue

StatusActive
MLS IDRLMX-100218
Days on Market2
Taxes$1,103 / month
Maintenance-
Min. Down Pymt-
Total Rooms18.0
Compass TypeTownhouse
MLS TypeSingle Family Residence
Year Built1931
Lot Size2,000 SF / 20' x 100'
CountyQueens County

Building

71-20 Central Ave

5 Units3 StoriesBuilt in 1931

Location

Listing Courtesy of Crifasi Realty Associates Inc
Add your commute

Building Information for 71-20 Central Avenue

Stories3Year Built1931Building Size20' x 50'Building Sq. Ft3,000 SFLot Size2,000 SF / 20' x 100'Building Age-Building Type-

Payment Calculator

$9,562 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$1,103

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 71-20 Central Avenue

Summary
Location and General Information
  • Subdivision Name: Glendale
  • Cross Street: 71ST PLACE
  • Stories Total: 0
Taxes and HOA
  • Tax Lot: 0000
  • Tax Block: 00000
  • Association Fee Frequency: Monthly
  • Flip Tax: $0
  • Building Tax Lot: 0000
  • Tax Abatement YN: false
Parking
  • Garage: No
Property
Lot Information
  • Living Area: 0.0
  • Building Area Total: 0.0
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 2000
  • Living Area Units: SquareFeet
Building Information
  • Building Smoke Free YN: false
  • Building Laundry Features: None
  • Building Pets Allowed: BuildingNo
  • Green Building YN: false
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Common Interest: None
  • Number Of Shares: 0
  • New Construction: No
  • Structure Type: House, MultiFamily
Interior and Exterior Features
Interior Features
  • Entry Level: 0
  • Furnished: Unfurnished
  • Heating: None
  • Heating: No
  • Laundry Features: None
  • ElevatorsTotal: 0
  • Size Dimensions: 20 x 50
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Availability Date: 05-30-2024
  • Attendance Type: None

Property History for 71-20 Central Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 71-20 Central Avenue

Taxable ValueLand$137,250Additions$31,230Total$168,480
Home Facts
Total Finished SqFt3,360 SqFtLot Size2,000 SqFtYear Built1931ZoningR4-1APN4036870011

Schools near 71-20 Central Avenue

This home is within New York City Geographic District #24.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
P.S. 91 Richard Arkwright
PublicPK to 5

I.S. 119 the Glendale
PublicK to 8

Maspeth High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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Similar Sold Homes

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71-20 Central Avenue is a townhouse for sale in Glendale. This property was listed for sale on May 30, 2024 by Crifasi Realty Associates Inc, it's currently listed at $1,550,000. This listing's school district is New York City Geographic District #24. Nearby schools include P.S. 91 Richard Arkwright, I.S. 119 the Glendale and Maspeth High School. 71-20 Central Avenue is a 7-bed, 5-bath, 3,360 sqft townhouse built in 1931.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Crifasi Realty Associates Inc

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.