Commercial in Glendale, New York

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Glendale, NY 11385

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7 Bath
Commercial
3680 sq. ft. ($326 per sq. ft.)
Listing ID: JMP8041

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Property Highlights

  • On the MLS! MLS ID: 2209915
  • Traditional style construction
  • 3 stories
  • Built in 1921
  • Lot dimensions are 20 x 100
  • Views of neighborhood and urban
  • Standard Gas heating system
  • Central AC cooling system
  • City provided sewer/wastewater
  • 2-car Garage (attached)
  • Has a basement
  • High efficiency appliances
  • Recently renovated
  • Updated bathroom
  • Wired for ethernet
  • In the Glendale neighborhood
  • Part of the Glendale school district
  • $11,000 estimated taxes (yearly)
  • Average utilities: $45.00
  • Roof Inspection available.

Property Description

Solid Brick Income Producer!!! Totally Renovated. Mixed Use property 4 family, 2 Stores, 2 Garages, Sub Basement (rentable). This property has been totally renovated from top to bottom. New gas heating system, new roofs, new windows, new water main & sewer main. Offices are equipped with electric gate, seciruty cameras, & awesome architectural styling. Tenant apartments feature hardwood floors, intercom system, marble bathrooms, ceramic tile kitchens. Eneergy efficient lighting throughout. You will have $0 maintanence for many years with this property. $102,000 Annual Income & $79,000 Net Operating Income. Mortgage is assumable & the rate is scheduled to drop by April 2010. For additional information please contact owner directly 718-457-4444 x15.


* Est. payment based on 20% down and a 30-year fixed rate of 5.375%

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January 14, 2010

More power to home sellers?

Sellers seem to be holding their price a little better this month according to a new report on CNBC. Is this the beginning of a trend of price support in some major markets? Let's look at the numbers....

Read more at the real estate news blog...

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