MLS#994613
STATUSActive
PROPERTY TYPECommercial - Multiple
SCHOOLQueens24
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 generating $4,180/month, an approx. 650 s/f separate office building delivered vacant and ideal for owner-use or lease-up, three garages each rented at $300/month, and 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 features an eat-in kitchen, living room/dining area, three bedrooms, and one full bathroom. Currently rented for $2,200 per month with no lease.2R is a spacious 3-bedroom duplex currently vacant and ready for occupancy Projected monthly rent is $3,200.2F offers an Eik, Lr, 2 bedrooms and 1 full bathroom. Currently rented for $1,500 per 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.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.
Property Features
Property Type: Commercial - Multiple
Basement: Full
Basement: Yes
Cooling: None
Heating: Natural Gas
Lot Size: 0.16 Acres
Taxes: $35,607
Year Built: 1931
Feature Descriptions
Building Area Total: 3444
Business Type: Restaurant
Exterior: Brick
On Market Date: 2026-05-05
Parcel Number: 03856-0159
Parking Features: Assigned, Driveway, Garage, Off Street
Parking Total: 11
Rental Term: Monthly
Sewer: Public Sewer
Units: 7
Utilities: Electricity Connected
Water: Public
Local Schools
High School: Maspeth High School
Middle School: PS/IS 119 Glendale
Elementary School: Ps/Is 113 Anthony J Pranzo
School District: Queens24
Listed By / Shown By
Listing By
Agency Name: Crifasi Real Estate Inc
Agency Contact: 718-821-5999
Shown By
Agent Name: Kabir Kumar
Agent Phone: Cell: (516) 805-8300
Agency Title: Coldwell Banker American Homes
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75-01 88th Street | MLS# 994613
This commercial property located at 75-01 88th Street , Glendale, NY 11385 is currently listed for sale with an asking price of $1,899,000. 75-01 88th Street is located within the Queens24 school district. Search Glendale real estate on kabirkumar.cbamhomes.com today.