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24906392
24906393

6557 Myrtle Avenue, New York, NY 11385

United Real Estate
United Real Estate Fortune
Listed by United Real Estate, United Real Estate Fortune
$1,590,000
331 days on market
Updated 63 days ago

6557 Myrtle Avenue

Details
APN 03677-0026
Property Type Mixed Use, Retail
Sub Type Storefront, Mixed Use
Square Footage 3,230
Units 3
NOI $92,006
Year Built 1910
Buildings 1
Stories 3
Acreage 0.044
Zoning R5D

Mixed Use | 3,230 SqFt

Marketing description

Mixed Used Property with 2 Residential Units plus 1 store front for Sale. 1FL store front: rental fee is $3800 (with 5+ year lease). 2nd Floor: 3 Bedrooms 1Bathroom Unit $2400(including water). 3rd Floor: 3 Bedrooms 1Bathroom Unit $2600(including water). All Utilities are separate. Located on a busy commercial strip in the heart of Ridgewood! This well-maintained building features a ground-floor retail space plus residential units above, offering a great investment opportunity with strong income potential. Conveniently situated near public transportation, shops, and local amenities. Perfect for end-users or investors looking to grow their portfolio. Don’t miss this one!
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Listing Contacts

United Real Estate
United Real Estate Fortune
Listed by United Real Estate, United Real Estate Fortune

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$92,006.00
$7,667.17/mo

Valuation Metrics

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DSCR
5.79%
Cap Rate
5.79%
ROI

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