NOT LISTED FOR SALE

8307 Myrtle Ave Glendale, NY 11385

Glendale Neighborhood

Estimated Value: $734,697

3 Beds
1.5 Baths
2,200 Sq Ft
$334/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $685,000 $311 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,543/month

36 Days on Market

Highlights

  • Property is near public transit
  • Park or Greenbelt View
  • Park
  • P.S./I.S. 113 Anthony J. Pranzo School Rated A-
  • Eat-In Kitchen
  • Level Lot

About This Home

As of April 2023

Incredible opportunity to own this mixed-use property in the heart of Glendale. Located on Myrtle Ave with easy access to the park, transportation, shops and more - this property features a spacious and (mostly) finished first floor commercial store front - excellent for an office, deli and more. Fully tiled, new sheetrock, half bath as well as a tranquil backyard. First floor also offers direct access to the full and unfinished basement with its own access to the back yard. Second floor has a separate entrance and leads up to a 3-bedroom apartment. Enter a spacious eat in kitchen, 2 bedrooms in the rear, living room in the middle and a grand main bedroom in the front which can be divided to offer an office or nursery. Delivered fully vacant, this property needs some work and is priced to reflect that! Sellers are highly motivated and ready to hear all offers. Fully Vacant, sold As Is. INCOME: 2nd floor potential rental income - As Is: $2,000/mo Renovated: $2,500/mo Commercial potential rental income: $2,400-$2,700/mo Approximate 8% Cap Rate, Additional information: Interior Features:Lr/Dr,Separate Hotwater Heater:y

Last Agent to Sell the Property

Agatha Lubas

Keller Williams Realty Liberty License #10301213345 Listed on: 02/04/2023

Keller Williams Realty Liberty

Last Buyer's Agent

Chuan Zhang

E Realty International Corp License #10401318974

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,124

Year Built

  • Built in 1915

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • 1 Common Wall
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Park or Greenbelt Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Schools

  • Ps/Is 113 Anthony J Pranzo Elementary School
  • Queens Metropolitan High School

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Oil Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 8 / 3834
  • Assessor Parcel Number 03834-0008

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,124

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Bi-Level, Two
  • Year Built: 1915
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oil Water Heater
  • Interior Amenities: Eat-in Kitchen
  • Flooring: Carpet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Bilco Door(s), Full, Unfinished, Walk-Out Access
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 2200
  • Basement YN: No

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Pool Private: No
  • Spa: No
  • View: Park/Greenbelt

Garage/Parking

  • Parking Description: None

Utilities

  • Cooling: None
  • Heating: Oil, Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Features: Level, Near Public Transit, Near School
  • Parcel Number: 03834-0008
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 6124
  • Tax Block: 3834
  • Tax Lot: 8

MLS Schools

  • Elementary School: Ps/Is 113 Anthony J Pranzo
  • High School: Queens Metropolitan High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
Apr 17, 2023
Sold by
8307 Myrtle Llc
Bought by
Glendale 83 Llc
Seller's Agent
Agatha Lubas
Keller Williams Realty Liberty
Buyer's Agent
Chuan Zhang
E Realty International Corp
List Price
$749,000
Sold Price
$685,000
Premium/Discount to List
-$64,000
-8.54%
Views
246
Current Estimated Value
$734,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,697
Avg. Annual Appreciation
3.21%

Purchase Details

Closed on
Mar 11, 2016
Sold by
Beck Christopher R and Beck Darlene E
Bought by
8307 Myrtle Llc

Purchase Details

Closed on
Dec 29, 2015
Sold by
Estate Of Ann Gruebel and Lorraine Barra Executor
Bought by
Beck Christopher R and Beck Darlene E
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Glendale 83 Llc $685,000 --
8307 Myrtle Llc -- --
Beck Christopher R -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2023 04/17/23 Sold $685,000 -8.5% $311 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
02/04/2023 02/04/23 For Sale $749,000 -- $340 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,475 $34,171 $6,661 $27,510
2024 $6,475 $32,237 $6,769 $25,468
2023 $6,177 $30,413 $6,373 $24,040
2022 $6,020 $44,340 $11,340 $33,000
2021 $6,237 $40,140 $11,340 $28,800
2020 $6,028 $41,160 $11,340 $29,820
2019 $5,620 $40,860 $11,340 $29,520
2018 $5,166 $25,344 $6,173 $19,171
2017 $5,122 $25,128 $6,524 $18,604
2016 $4,937 $25,128 $6,524 $18,604
2015 $2,859 $23,730 $8,863 $14,867
2014 $2,859 $22,387 $10,026 $12,361
Source: Public Records

Agents Affiliated with this Home

  • Agatha Lubas

    Seller's Agent in 2023

    Agatha Lubas

    Keller Williams Realty Liberty

    (646) 250-6512

    3 in this area

    100 Total Sales

    Section Image

  • C

    Buyer's Agent in 2023

    Chuan Zhang

    E Realty International Corp

    2 in this area

    5 Total Sales

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Map

Source: OneKey® MLS

MLS Number: L3456508

OneKey® MLS

APN: 03834-0008

New York Queens County Glendale 11385 Glendale

8307 Myrtle Ave, Glendale, NY

This home is located at 8307 Myrtle Ave, Glendale, NY 11385 since 04 February 2023 and is currently estimated at $734,697, approximately $333 per square foot. This property was built in 1915. 8307 Myrtle Ave is a home located in Queens County with nearby schools including P.S./I.S. 113 Anthony J. Pranzo School, Queens Metropolitan High School, and Elm Community Charter School.

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