3F4O R TBIRMEEAS K•I NocGt NobEeWrS 6 V, 2IS01I6T www.qns.com F O R B R E AOKCITNOGB ENRE W6,S 2 0V1I6S I T• w TwIwM.qEnSs . c3om5 real estate Two-story mixed-use former law of ce on Myrtle Avenue in Glendale hits the market for nearly $1M Photos courtesy of Greiner-Maltz Investment Properties The former law of ce at 73-35 Myrtle Ave. in Glendale is up for sale. Listings selected at random. Courtesy MLSLI Ridgewood Times Rental Guide RIDGEWOOD GLENDALE MASPETH Woodbine St. 74th Ave. Grand Ave. MIDDLE VILLAGE 66th Dr. 1-bedroom 60-47 Catalpa Avenue $1,800 Hardwood fl oors, heat/water included Malgorzata Pieniadz Realty By The Park 2-bedroom 18-63 Madison Street $1,950 Walking distance to M and L trains, stainless steel appliances Stephen Yarczower Exit Kingdom Realty 3-bedroom or more 17-19 Woodbine St. $3,700 Newly renovated, washer/dryer in unit Alan Mei SpaceMax Realty 2-bedroom 65-04 Cooper Avenue $2,000 Apartment in house, formal dining room Tracey Barrett Century 21 Amiable Realty Group 2-bedroom 64-10 74th Avenue $2,300 6 block walk to M train, fully furnished Gordon King Tam/Wai Sum Yu Chase Global Realty Group 3-bedroom or more 80-40 59th Street $2,700 Hardwood fl oors, balcony Binta Cherian Douglas Elliman Real Estate 2-bedroom 66-41 Grand Avenue $1,700 Close to commercial area, q58 & q59 in front Yao Chen Exit Kingdom Realty 2 -bedroom 59-40 69 Place $2,100 Shared backyard with shed, newly renovated Luz Rincon/Victor Lopez Keller Williams Landmark II 3-bedroom or more 66-21 53 Rd $3,200 Eat-in kitchen, backyard access Kong Hua Wang Winzone Realty Inc 1-bedroom 69-14 Eliot Avenue $1,650 Hardwood Floors, Storage /access to patio Malgorzata Pieniadz Realty By The Park 2-bedroom 83-18 63rd Ave $1,850 2 blocks from Juniper Valley Park, 2nd and 3rd fl oor of 2-family house Eric Hsu SpaceMax Realty 3-bedroom or more 77-25 66th Dr $2,700 Dishwasher/Washer/Dryer, Private Backyard Russo Realty Properties- Donna Russo DiCesare/Christina DiCesare BY ANTHONY GIUDICE [email protected] @A_GiudiceReport A newly renovated two-story mixed-use building on Myrtle Avenue in Glendale is up for sale for $945,000, Greiner-Maltz Investment Properties announced. The building, located at 73-35 Myrtle Ave., consists of a retail space on the fi rst fl oor — formerly a law offi ce — and a twobedroom, one-bathroom apartment in the second fl oor. Both the retail and residential units are currently vacant and can generate a lot of income for the new owner. Greiner-Maltz estimates the residential unit can bring in $1,950 a month, for a total of $23,400 in annual rent, while the retail unit can get $2,600 monthly rent for a total of $31,200 per year. That would bring the entire building’s income to $54,600. The estimated expenses for the approximately 1,800-square-foot building would be $8,679 in real estate taxes, $900 for insurance, $800 for water/sewer — gas is paid by the tenant — for a total of $10,379. The building’s new owner would then be able to make $44,221 per year for this building. This property is located next to a lot that has sat empty for nearly 60 years on the corner of 74th Street and Myrtle Avenue. Earlier this year Community Board 5 (CB 5) approved a variance request to allow the owner to build a mixed-use building on the lot. For more information about the property, visit the Greiner- Maltz website, www.greinermaltz.com.
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