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Image 1 - 71-20 Central Ave, Glendale, New York, 11385 - House for sale
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Home For Sale In Glendale, New York
71-20 Central Ave, Glendale, New York, 11385

Home For Sale In Glendale, New York

house for sale
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Listed: 05/19/24

71-20 Central Ave, Glendale, New York, 11385

7 Bed:
5 Bath:
3,360 Sq Ft Living Area:
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Price
$ 1,6M

About This House

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, 200upon 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, …  Full description

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Glendale Housing & Living

Household Income

Median household income: $63,799
Number of households: 3,2M
The average household income in New York, NY grew from $60,879 to $63,799 in the past year. This data is an estimate based upon 3,2M households in New York, NY.
The chart below presents how household income is distributed in New York, NY in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New York, NY compared to median property taxes around the country. The prevalent amount of property taxes in New York, NY equals $3k+ , which is more than the national average.