Buy with Yoreevo
$1,865,767
List Price: $1,899,000
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75-01 88th Street
Apartment in Glendale •  building info
studio • 7,059ft² $269 per ft²
Buy with Yoreevo

$1,865,767

List Price

$1,899,000

Key Details
Days on market
11
Last price change
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Estimated payment
$10,247/mo
Taxes
N/A
Maintenance
N/A
Description
Exceptional income-producing mixed-use property located in the highly desirable Glendale section of Queens. This versatile asset features a strong mix of commercial and residential units, offering both immediate cash flow and value-add potential. The commercial component includes an approx. 400 s/f fully operational restaurant currently utilized as a ghost kitchen leased at $4,180/month, Approx. 650 s/f separate office building delivered vacant and ideal for owner-use or lease-up project rent is $2,800/month, 3 garages each rented at $300/month, An additional driveway with rear oversized 2 vehicle garage space leased for $1,500/month lease expires January 2027. The residential portion consists of three units: 1R-Eat-in kitchen, living room/dining area, three bedrooms, and one full bathroom. Currently rented for $2,200/month with no lease. 2R-Spacious 3-bedroom duplex currently vacant and ready for occupancy Projected monthly rent is $3,200/month 2F-Eik, Lr, 2 bedrooms and 1 full bathroom. Currently rented for $1,500/month with no lease. Tenants are responsible for their own cooking gas and electric, helping to minimize owner expenses. The property is equipped with gas heating and full basements. Annual Expenses: Taxes: 35,607 Insurance: $8,934 Fuel: $10,000 Water: $5,000 This property presents a rare opportunity for investors or end-users seeking a stable, diversified income stream with upside potential. Conveniently located near major transportation, shopping, and local amenities. Don't miss the chance to own a prime mixed-use building in a thriving Queens neighborhood.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,899,000
Asking Price: $1,899,000
Term
30 Years
Down Payment
$189,000 (10%)
Min: 10% (189,000)
Rate
6.0 %
Mortgage Amount
$1,709,100
Mortgage Payment
$10,247
Estimated Yoreevo rebate
$33,233
Estimated closing cost
$26,000
Total monthly cost $10,247
Buy your dream home with us and get an estimated $33,233 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Crifasi Inc

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