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75-01 88th Street

Glendale, NY, 11385

$1,799,000
0.1621Acres
1931Year built

AN INTRODUCTION

A closer look.

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.

Property overview

Property type
Mixed Use
Year built
1931
Lot size (sq ft)
7,059
Status
Active
Listed
2026-05-05
MLS number
KEY994613

Interior & comfort

Heating
Natural Gas
Cooling
None
Basement
Full

Outdoors & amenities

Parking
Assigned, Driveway, Garage, Off Street

Schools & location

Postal town
Glendale
County
Queens
School district
Queens24
Elementary school
Ps/Is 113 Anthony J Pranzo
Middle school
PS/IS 119 Glendale
High school
Maspeth High School

Taxes & utilities

Annual property taxes
$35,607
Tax year
2026
Water
Public
Sewer
Public Sewer

Listing courtesy of Crifasi Real Estate Inc · 718-821-5999
MLS #KEY994613 · Active

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About: 75-01 88th Street, Glendale

Ron Lanzillotta and Michael Pesce

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