About 76-17 Myrtle
76-17 Myrtle Avenue is a two-story, mixed-use building consisting of three residential apartments and one retail store, prominently situated at the corner of Myrtle Avenue and 78th Street in the Glendale section of Queens. Property Highlights: Low Taxes: Favorable tax class limits annual increases to an average of 4% over five years. Turnkey Investment: All rents are fully covered by Section 8 / CityFHEPS with no tenant contribution, providing highly reliable cash flow. Rental Growth: Section 8 voucher values have increased by an average of 7.7% annually over the past three years. Lower Operating Costs: Apartments are equipped with central air and heat, reducing the landlord’s share of utility and maintenance expenses.
Features of 76-17 Myrtle
| MLS® # | 495884 |
|---|---|
| Price | $1,700,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,300 |
| Year Built | 1938 |
| Type | Mixed Use / Store & Family |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 76-17 Myrtle |
|---|---|
| Area | Glendale |
| City | Glendale |
| County | Queens |
| State | New York |
| Zip Code | 11385 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior | Hardwood, Carpeting, Ceramic |
|---|---|
| Interior Features | Fire - Smoke Alarm, Intercom, Kitchen, Restrooms - Staff |
| Heating | Ductless/Split |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | None |
| Lot Description | 20.25 X 97.42 |
| Roof | Flat |
| Construction | Brick |
| Foundation | Slab Concrete |
Additional Information
| Date Listed | September 17th, 2025 |
|---|---|
| Days on Market | 56 |
| Zoning | R4B |
| Tax | $11,029 |