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6938 Myrtle AvenueGlendale, NY 11385

For Sale

$1,550,000

Smart Buyer Rebate $19,375

MIXED USED INVESTMENT PROPERTY
Gross Income: $132,616
Expenses: $13,500
Net Operating Income: $118,716
Cap Rate: 7.7 (1,550,000 Value)

Listed by Bryan Y. Blanco

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eXp Realty

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888-276-0630

Last updated December 03, 2025

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Source: OneKey #937014

Listing Facts

  • TypeMulti-family
  • NeighborhoodGlendale
  • Bedrooms7
  • Bathrooms6
  • Days on Prevu22
  • Taxes$8,516.44/year

Amenities

  • Air Conditioning

Location

Mortgage Calculator

Listing History

11/18/2025
Listed by eXp Realty
$1,550,000

Estimated Closing Costs

Total
$55,845
Attorney Fees
$4,000
NYC Mansion Tax
$15,500
Title Insurance
$6,975
Bank Attorney
$1,500
Mortgage Recording Tax
$23,870
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,550,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 6938 Myrtle Avenue

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Year Built: 1920
  • Construction Materials: Brick

Measurements

  • Building Area Total: 2,920
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.04
  • Lot Size Square Feet: 1,760

Financial

Residential Income

  • Gross Income: $132,216.00
  • Operating Expense: $13,500.00

Taxes

  • Parcel Number: 03705-0006
  • Tax Annual Amount: $8,516.44
  • Tax Assessed Value: $69,840.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Hardwood
  • Interior Features: First Floor Full Bath

Rooms

  • Basement: Finished
  • Has Basement: Yes
  • Bathrooms Full: 6
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 7

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 7 bedrooms and 6 bathrooms in this multi-family home at 6938 Myrtle Avenue.

What are the annual taxes for 6938 Myrtle Avenue?

Annual taxes for this multi-family home are estimated at $8,516.

How does 6938 Myrtle Avenue compare to other multi-family homes in Glendale?

This multi-family home is listed 24% above the average price for multi-family homes in Glendale and has been on the market for 74 less days than the typical home in this area.

6938 Myrtle Avenue is a 7-bedroom, 6-bath multi-family home for sale in Glendale NY 11385. On Prevu for 22 days at $1,550,000. This home is located in Glendale. The median listing price for multi-family homes in this area is $999,000. Property amenities include air conditioning. Browse more multi-family home listings in Queens.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.