$1,799,000

75-01 88th Street, Glendale, NY 11385

  • 3,444 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon7,061sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $522/sqft
  • Property List Date Icon Listed 5 months ago

Property 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: ALL UNITS WILL BE DELIVERED VOT 1R-Eat-in kitchen, living room/dining area, three bedrooms, and one full bathroom. 2R-Spacious 3-bedroom duplex 2F-Eik, Lr, 2 bedrooms and 1 full bathroom. 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.

Listing Status:
Active
Data Last Updated:
October 6, 2026 at 1:20PM
Listing Office:
Crifasi Real Estate Inc : 718-821-5999
MLS ID:
994613
  • Basement: Full
  • A/C: None
  • Heating: Natural Gas
  • Parking: AssignedDrivewayGarageOff StreetParking spaces: 11
  • Originating MLS: onekey2
  • School District: Queens24
  • County: Queens
  • Zoning: R4B03856-0159
  • Utilities: Electricity Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Crifasi Real Estate Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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