8 months on rocket

71-47 Myrtle Ave, Glendale, NY, 11385

$1,375,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths
Multi

Location

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71-47 Myrtle Ave, New York$1,375,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1931
HeatingNatural Gas, Hot Water
CoolingZoned
BasementYes
ViewCity, Other
MLS #3539727
Lot Size0.05 Acres
StatusActive
(A)

About 71-47 Myrtle Ave

Excellent Corner Brick 4-Family Home for Sale in Glendale, Bordering Ridgewood!This impressive property offers a prime investment opportunity, featuring a well-maintained corner brick building with four family units.The first floor hosts two spacious 1-bedroom apartments, while the second floor boasts a generous 2-bedroom unit alongside an additional 1-bedroom unit. Hardwood flooring adds to the charm of each unit, while the full basement provides laundry facilities and ample storage space.One of the first-floor units enjoys the added luxury of a large private backyard, perfect for outdoor relaxation and entertainment.Conveniently located on Myrtle Avenue, this property offers easy access to transportation options including local buses (Q58, Q55, B13) and express buses to NYC (QM24, QM25, QM34), as well as the M/L trains.Nearby amenities include shopping centers, schools, gyms, Forest Park, Trader Joe's, Home Depot, and Atlas Mall, ensuring residents have everything they need within reach.With a building:19 x 80 ft.(3,040) and a lot SqFt : 2,185, zoning :R5D, this property presents a great opportunity for both primary residence with rental income and experienced investors or 1031 exchange . Plus, one apartment will be provided vacant, offering immediate move-in readiness for a new owner.Don't miss out on this exceptional investment opportunity! Schedule a viewing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Tudor
  • Year Built: 1931

Listing Office:

  • Office Name: Trademarko Realty Inc
  • Office Phone: (718) 502-5141

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Cathedral Ceiling(s), Eat-in Kitchen, Living Room/Dining Room Combo, Storage

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: City, Other
  • Exterior: Private Entrance

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Corner Lot, Near Public Transit
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: Zoned

Other

Directions Information:

  • Directions: www.Mapquest.Com /Waze Cross Streets:71-47 Myrtle Ave./72nd Street/Myrtle Ave .Close to Bus, Close to School, Close to Shops, Near Public Transportation.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,375,000
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

71-47 Myrtle Ave vs New York

244 DAYS ON ROCKET

+160 Days

$1,375,000

+$518.8K More

KEY TAKEAWAY

This property is $518.8K more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3539727

Listing Office:

  • Office Name: Trademarko Realty Inc
  • Office Phone: (718) 502-5141

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/21/2024, 4:11:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,930

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,189

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-353187
4
/10

  • P.S. 239 Queens

  • 1715 Weirfield St

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-353188
6
/10

  • P.S. 81 Jean Paul Richter School

  • 559 Cypress Ave

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-353189
3
/10

  • P.S. 116 Elizabeth L. Farrell School

  • 515 Knickerbocker Ave

  • 0.38 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,696. Residents of New York, NY typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Queens County›New York›11385›71-47 Myrtle Ave

This home is located at 71-47 Myrtle Ave in Glendale, NY and zip code 11385 in the Ridgewood neighborhood. This home, which was built in 1931, sits on a 0.05 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $1,375,000.

In October 2024 more than 269 listings in New York, NY were sold above the asking price. During the same period more than 850 listings were sold at asking price, while more than 833 were sold below. The number of listings in New York, NY increased by 1.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 84 days, the median list price was $856,124.

From Rocket Homes Real Estate and based on county public records data.

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