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72-20 67th Street

Glendale   |   Myrtle Avenue & Cooper Avenue
Listing ID: 105030TH

  • $ 1,298,000
  • Bedrooms
  • Bathrooms
  • HouseBuilding Type
  • / Approx. SF/SM
  • Details
    • Multi-FamilyOwnership
    • $ 16,500Anual RE Taxes
    • 28'x68'Building Size
    • 28'x100'Lot Size
    • 1931Year Built
    • ActiveStatus
  • Description

  • Exceptional opportunity to acquire a fully leased six-family brick building in the highly resilient Ridgewood/Glendale rental corridor of Queens.

    This well-maintained asset comprises six spacious two-bedroom, one-bathroom apartments, each offering generous living areas and functional kitchen layouts. The consistent two-bedroom unit mix remains one of the strongest-performing configurations in this submarket, supporting steady tenant demand and long-term rent stability.

    Constructed of solid brick and positioned in a prime location near transportation, shopping, dining, and everyday conveniences, the property benefits from strong rental fundamentals and enduring neighborhood appeal.

    An ideal turnkey investment offering immediate cash flow in one of Queens' most dependable multifamily corridors.

    Investment Highlights:

    100% Occupied - Immediate Cash Flow

    Gross Scheduled Income: $124,063.2

    Net Operating Income: $79,827.2

    Cap Rate: 6.15%

    Price Per Unit: $216,333

    Exceptional opportunity to acquire a fully leased six-family brick building in the highly resilient Ridgewood/Glendale rental corridor of Queens.

    This well-maintained asset comprises six spacious two-bedroom, one-bathroom apartments, each offering generous living areas and functional kitchen layouts. The consistent two-bedroom unit mix remains one of the strongest-performing configurations in this submarket, supporting steady tenant demand and long-term rent stability.

    Constructed of solid brick and positioned in a prime location near transportation, shopping, dining, and everyday conveniences, the property benefits from strong rental fundamentals and enduring neighborhood appeal.

    An ideal turnkey investment offering immediate cash flow in one of Queens' most dependable multifamily corridors.

    Investment Highlights:

    100% Occupied - Immediate Cash Flow

    Gross Scheduled Income: $124,063.2

    Net Operating Income: $79,827.2

    Cap Rate: 6.15%

    Price Per Unit: $216,333


    Listing Courtesy of Berkshire Hathaway HomeServices New York Properties
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.