7416 Cypress Hills StGlendale, NY 11385

This fully renovated 3,672 sq ft commercial corner property in Glendale, NY, presents a unique investment opportunity. Located at 7416 Cypress Hills St, this building boasts a prime location with heavy street and foot traffic, just 7 minutes from the Jackie Robinson Parkway. The property, currently zoned for light manufacturing (F5), is grandfathered in and can be downsized for multiple retail or office uses, or even converted to residential. Recent renovations include a new roof, HVAC system (7 hybrid heating/cooling splits), windows, two kitchenettes, two half baths, two 25-gallon water tanks, flooring, electric, plumbing, fire escape, pointing, cement work (including a new sidewalk), recessed lighting, doors, and garage doors. Additional upgrades include fire sprinklers, sheetrock, and new stairs. The building features 3,672 square feet on a 0.06-acre lot (5ft x 83ft building, 8.5ft x 112.17ft lot). The 1931-built structure has annual property taxes of $15,109.88. An adjacent lot (7413 65th Street) is also available for an additional $350,000. This lot (20ft x 56.25ft, 1,125 sq ft) contains garages built in 1950 and has annual taxes of $943.20. Purchasing both lots provides a combined lot length of 132.17 feet. This presents a rare chance to own a substantial commercial property with flexible zoning and significant upside potential, either as a single-tenant building, multi-tenant office/retail space, or a residential conversion.