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6415 Myrtle Ave 4 Unit Apartment Building $1,649,000 ($412,250/Unit) Glendale, NY 11385
Executive Summary
Prime Ridgewood Four-Family opportunity on highly visible Myrtle Avenue with strong zoning upside and long-term investment potential. This approximately 3,000 sq. ft. property is located along one of the area’s active residential and commercial corridors, surrounded by shopping, dining, services, public transportation, and steady neighborhood activity. Built in 1927, the property offers classic pre-war character, a generous footprint, full finished basement, huge private backyard, and flexible possibilities for investors, end-users, or buyers seeking a value-add asset. The property’s location with R5D, C1-3 zoning potential add significant appeal for those exploring future value-add, mixed-use, or redevelopment opportunities. A rare opportunity to own a substantial Ridgewood property in a high-demand Queens location with excellent visibility and long-term upside.
Property Facts
| Price | $1,649,000 | Building Class | C |
| Price Per Unit | $412,250 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 3,000 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1927 |
| Property Subtype | Apartment | ||
| Zoning | R5D - A medium-density residential district in New York City often mapped along commercial streets and transit corridors. | ||
| Price | $1,649,000 |
| Price Per Unit | $412,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,000 SF |
| No. Stories | 2 |
| Year Built | 1927 |
| Zoning | R5D - A medium-density residential district in New York City often mapped along commercial streets and transit corridors. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 8+4 | 4 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 03639-0029 | Improvements Assessment | $48,353 |
| Land Assessment | $32,514 | Total Assessment | $80,867 |
Property Taxes
Parcel Number
03639-0029
Land Assessment
$32,514
Improvements Assessment
$48,353
Total Assessment
$80,867
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6415 Myrtle Ave
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