69-20 Myrtle AveQueens, NY 11385

Property Details for 69-20 Myrtle Ave

Year built

1939

Property size (Sq ft)

4,768 SF

Property type

Day care centers & nurseries

Property subtype

Retail properties

Description

This exceptional Queens retail property, located at 69-20 Myrtle Avenue, presents a remarkable investment opportunity. Boasting 4,768 square feet on a corner lot, this building offers versatile space ideal for a variety of uses. Currently zoned R5, the property includes a main floor and an approximately 1,700 square foot basement, perfect for retail, restaurants, or other commercial ventures. The 1939 construction provides a solid foundation, and the asking price is $2,250,000, translating to $471.90 per square foot. The property's bright and spacious layout is further enhanced by the potential to add up to 5,000 square feet of residential space on the second floor, significantly increasing the property's value and potential income streams. The lot size is 4,768 square feet. This prime location in Queens offers excellent visibility and accessibility, making it an attractive proposition for both owner-occupiers and investors. The property's versatility, combined with its strategic location and development potential, makes it a truly unique investment opportunity. Note that the 2019 property tax was $30,000 annually. This property is also available for lease.

Location Insight

City

Queens

County

Queens

State

New York

Latitude

40.7018

Longitude

-73.8821

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].