7617 Myrtle Avenue, Glendale, NY 11385

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0 Beds 0 Baths 0 Partial Bath 0.05 Acres

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Property Description

Calling All Investors, Developers, & End-Users!!! 8.4 Cap 100% Occupied 4 Unit 3,300 Sqft. Corner Mixed-Use Building In Glendale For Sale!!! The Property Features Excellent Signage, Great Exposure, R4B/C1-3 Zoning, High 9' Ceilings, (2) 3 Br. Apartments, (1) 2 Br. Apartment, Basement, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Glendale Just 3 Blocks From The Jackie Robinson Parkway!!! The Property Has 21' Of Frontage On Myrtle Ave. + 106' On 78th St.!!! Neighbors Include Starbucks, USPS, HomeGoods, Ulta Beauty, T.J. Maxx, Chili's Bar & Grill, Cold Stone Creamery, California Pizza Kitchen, Dunkin', McDonald's, Regal Cinemas, Dollar General, Wendy's, Subway, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!Income:Myrtle Meds Pharmacy: $39,403.68 Ann.; 3% Ann. Inc.; Lease Exp.: 8/31/29.Apt. 1 (3 Br.): $41,568 Ann.; Lease Exp.: 2/28/27.Apt. 2 (2 Br.): $34,692 Ann.; Lease Exp.: 4/30/27.Apt. 3 (3 Br.): $41,568 Ann.; Lease Exp.: 2/28/27.Gross Income: $157,231.68 Ann.Expenses:Gas: $0 Ann.Electric: $495 Ann.Maintenance & Repairs: $4,000 Ann.Water & Sewer: $2,400 AnnInsurance: $6,041 Ann.Taxes: $10,973.90 Ann.Total Expenses: $23,909.90 Ann.Net Operating Income (NOI): $133,321.78 Ann. (8.4% Cap!!!)

7617 Myrtle Avenue | MLS# 969051

This commercial property located at 7617 Myrtle Avenue, Glendale, NY 11385 is currently listed for sale with an asking price of $1,588,000. Search Glendale real estate on loretta-weldner.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Multiple

Basement: Full

Basement: Yes

Cooling: None

Heating: See Remarks

Lot Size: 0.05 Acres

Taxes: $10,974

Year Built: 1938

Feature Descriptions

Building Area Total: 3300

Business Type: Other

Days on Site: 13

Exterior: Other

On Market Date: 2026-03-09

Parcel Number: 038260034

Property Attached Y/N: 1

Rental Term: Monthly

Sewer: Public Sewer

Units: 4

Utilities: See Remarks

Water: Public

Demographics

Listed By / Shown By

Listing By

Agency Name: All Island Estates Realty Corp
Agency Contact: 516-783-5600

Shown By

Agent Name: Loretta Weldner
Agent Phone: (518) 762-3808 Cell
Agency Title: Coldwell Banker Prime Properties

7617 Myrtle Avenue, Glendale, NY 11385

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Loretta Weldner Licensed Associate Real Estate Broker Office: (518) 762-3808 Cell: (518) 762-3808 Email Me

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/23/2026. The listing information on this page last changed on 03/23/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 03/23/2026 12:00:30 AM EST) or Global MLS (last updated Sun 03/22/2026 11:51:55 PM EST) or New York State Alliance MLS (last updated Sun 03/22/2026 11:58:34 PM EST) or Hudson Valley Catskill Region MLS (last updated Sun 03/22/2026 11:51:13 PM EST) or OneKey MLS (last updated Sun 03/22/2026 11:53:08 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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7617 Myrtle Avenue, Glendale, NY 11385

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Property Description

7617 Myrtle Avenue | MLS# 969051

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Property Features

Feature Descriptions

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7617 Myrtle Avenue, Glendale, NY 11385

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7617 Myrtle Avenue, Glendale, NY 11385

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