9 months on rocket

71-47 Myrtle Ave, Glendale, NY, 11385

$1,338,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths
Multi

Location

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71-47 Myrtle Ave, New York$1,338,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1931
HeatingNatural Gas, Hot Water
CoolingZoned
ViewCity
MLS #L3539727
StatusActive

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!, Additional information: Appearance:Excellent,Interior Features:Lr/Dr

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:

  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Cathedral Ceiling(s), Eat-in Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City
  • Exterior: Back Fence

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Near Public Transit, Corner Lot

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: $1,338,000
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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

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

71-47 Myrtle Ave vs New York

274 DAYS ON ROCKET

+189 Days

$1,338,000

+$487.8K More

KEY TAKEAWAY

This property is $487.8K 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: ONEKEY2
  • MLS Number: #L3539727

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: 12/22/2024, 1:11:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$6,745

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,078

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-988440
4
/10

  • P.S. 239 Queens

  • 1715 Weirfield St

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-988441
6
/10

  • P.S. 81 Jean Paul Richter School

  • 559 Cypress Ave

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-988442
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. Most New York, NY residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents 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 was built in 1931. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $1,338,000.

In November 2024, from all listings sold in New York, NY there were more than 220 sold above asking price, over 758 sold below and more than 769 were sold right at the asked price. Between October 2024 and November 2024, New York, NY real estate market has seen decrease in the number of listings by 7.2%. In November 2024, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $850,115.

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

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