Active
75-01 88th Street
Glendale, NY, 11385
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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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