Listing Information
718.486.4429 | petersobrienteam.elliman.com
Peters - O'Brien Team
At Douglas Elliman Real Estate

72-14 69th Pl - Glendale, New York

72-14 69th Pl - Glendale, New York

 

72-14 69th Place is a 3-story rent stabilized investment property built approximately 4,700 SF in the Glendale area of Queens, New York. Comprised of six units total, five are recently updated with newly outfitted kitchens, baths, hardwood floors, plus washer/dryer in units and collect market rate rents for the area.

Currently configured into a collection of recently renovated three-bedroom and four-bedroom (3BR & 4BR) apartments, the building has been updated in 2015 with updated electric, plumbing, as well as roof. Delivered fully occupied with an actualized cap rate of 5.07% OR a net operating income (NOI) of over $116,750/yr.

Glendale is conveniently located just 15-20 mins. from both JFK & La Guardia Airports, and has subway access via the the L train at Wyckoff/Myrtle Ave stop via the Q55 bus or the M line at Fresh Pond Road. 72-14 69th Place is located on the corner of Cooper Ave, which along with Myrtle Avenue comprises the major thoroughfare for restaurants and retail business in the area that reflect this neighborhood's character and charm. Surrounded by favorites like Zum Stammtisch, Edison Place, K&A, Sweet Janes, The Monk, Glendale Bagles, and Russo Bakery, as well as local amenities such as supermarkets, pharmacies, dry cleaners, and major banks like Capitol One & Bank of America. Please inquire for full setup.

This listing courtesy of Douglas Elliman

Property Details

72-14 69th Pl - Glendale, New York

Price: $2,300,000

Neighborhood: Glendale

Multi-Family

Monthly Real Estate Tax: $1,298

Approximate Sq. Feet: 4,700

Listing ID: 3118605

 

 

Your Agent(s)

Dain Lee

Dain Lee

O: 718.486.4466

M: 917.617.4882

dain.lee@elliman.com
Mathew Krem

Mathew Krem

O: 718.486.4465

mkrem@elliman.com
Jessica Peters

Jessica Peters

O: 718.486.4429

jpeters@elliman.com
Stephanie O'Brien

Stephanie O'Brien

O: 718.486.4457

stobrien@elliman.com

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© 2018. Douglas Elliman Real Estate. All material presented herein is intended for information purposes only. While, this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings are deemed reliable, but should be verified by your own attorney, architect or zoning expert. The number of bedrooms listed above is not a legal conclusion. Each person should consult with his/her own attorney, architect or zoning expert to make a determination as to the number of rooms in the unit that may be legally used as a bedroom.

 

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