Skip to main content
Back to Search Results
|

6938 Myrtle, Glendale, NY 11385

Show All 21 Photos
For Sale

$1,550,000

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • Basement
    Rooms

  • Basement
    Amenities

Explore this Property

PRIME MIXED USE INVESTMENT OPPORTUNITY IN THE HEART OF MYRTLE AVE! Welcome to 6938 Myrtle Ave, a rare mixed-use asset offering strong income, zero deferred maintenance, and exceptional upside. Perfect for both investors and owner operators seeking a high yield property in a high demand corridor. This Property offers Three income producing units with an impressive projected gross income of $132,216 Annually, supported by stable residential rents and a high visibility commercial space. Current Rent Roll 4 Bedroom Residential Unit: $3868/Month - VACANT 3 Bedroom Residential Unit: $2,150/Month - Occupied 2 Commercial Spaces: $5,000/Month-VACANT (Projected) (1 entry on 6938 Myrtle Ave, 2nd entry on 6937 Cooper Ave ) Space can be split in two different spaces or 1 large space. Total Annual Expenses: $13,500 Net Operating Income (NOI): $118,716 Cap Rate: 7.7 The Commercial Store front offers excellent, exposure on busy Myrtle Ave- Ideal for retails, Professional use, or stable long term tenancy. The Residential units are well sized, separately metered, and positioned for long term cash flow. Whether You're looking to expand your portfolio or secure a reliable mixed use building in a prime location, this property delivers strong numbers, strong location, and strong potential. A PERFECT BLEND OF STABILITY AND OPPORTUNITY- DON'T MISS OUT!
MLS# 937059

Courtesy Of eXp Realty

(888) 276-0630

Property Features

  • Amenities
    Basement
  • Exterior Type
    Brick
  • Rooms
    Basement

Map and Directions

Directions to 6938 Myrtle, Glendale, NY 11385

Home seller CENTURY 21 Amiable Realty Group II

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Amiable Realty Group II

(718) 835-4700
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

An Equal Opportunity Company

Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.