Agent Photo
Kyle Meeks
TTR Sotheby's International Realty
Agent Photo
Kyle Meeks
TTR Sotheby's International Realty
Search by
  • Neighborhood
  • Borough
  • Region
  • Zip Code
  • Street Address
  • Listing ID
  • Building Name
  • Agent Name
    New YorkGlendale6938 Myrtle

    6938 Myrtle
    Glendale, NY 11385

    $1,550,000
    New Listing For Sale
     Get directions
     
    Tools
    Open House
    Size
    Financial
    $1,550,000
    Change Currency
    $708
    Monthly taxes
    $8,500
    Annual taxes
    Details
    Other
    Property Type
    17281250
    Web Id
    18
    Days Posted

    Description

    6938 Myrtle, Glendale, NY 11385

    PRIME MIXED USE INVESTMENT OPPORTUNITY IN THE HEART OF MYRTLE AVE! Welcome to 6938 Myrtle Ave, a rare mixed-use asset offering strong income, zero deferred maintenance, and exceptional upside. Perfect for both investors and owner operators seeking a high yield property in a high demand corridor. This Property offers Three income producing units with an impressive projected gross income of $132,216 Annually, supported by stable residential rents and a high visibility commercial space. Current Rent Roll 4 Bedroom Residential Unit: $3868/Month - VACANT 3 Bedroom Residential Unit: $2,150/Month - Occupied 2 Commercial Spaces: $5,000/Month-VACANT (Projected) (1 entry on 6938 Myrtle Ave, 2nd entry on 6937 Cooper Ave ) Space can be split in two different spaces or 1 large space. Total Annual Expenses: $13,500 Net Operating Income (NOI): $118,716 Cap Rate: 7.7 The Commercial Store front offers excellent, exposure on busy Myrtle Ave- Ideal for retails, Professional use, or stable long term tenancy. The Residential units are well sized, separately metered, and positioned for long term cash flow. Whether You're looking to expand your portfolio or secure a reliable mixed use building in a prime location, this property delivers strong numbers, strong location, and strong potential. A PERFECT BLEND OF STABILITY AND OPPORTUNITY- DON'T MISS OUT!

    This is an Active listing.

    Broker Office Phone Number: 888-276-0630

    Copyright © 2025OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
    Price History View all +
    Date PriceVarianceType
    11/17/2025$1,550,000-Listed
    Listing By: eXp Realty via Data Source: OneKey MLS


    Located at 6938 Myrtle, Glendale, New York 11385, this Other is for Sale with a price of $1,550,000 USD. The property. See all Homes for Sale in Glendale.

    Listhub

    Kyle Meeks
    Kyle Meeks
    • Real Estate Professional
    1515 14th Street NW
    Listing by: eXp Realty
    Contact Agent
    Staging Information:
    aa6d007fb-aa5f-47f6-b45c-c1c1d9041a24