Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,365,000

Listed at $1,395,000 · Sold 2.2% below asking · Closed January 14, 2025

71-20 Central Avenue

$1,395,000

71-20 Central Avenue

Glendale, Queens

MLS® #RLS10987514

RLS at REBNY

Listing by Crifasi Realty Associates Inc

7

Bedrooms

5

Baths

N/A

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 7
Bathrooms 5
Year Built 1900
Ownership None
Property Taxes $13,236/yr
Neighborhood Glendale

Property Highlights

  • Character: Pre-war building (1900)

Property Details

Type Single Family Residence
Ownership None
Total Rooms 18
Baths 5 Full
Heating None
Pets Yes
Cross Street 71ST PLACE
Year Built 1900
Structure Type House,MultiFamily
Furnished Unfurnished
Block/Lot 00000/0000

Listing History

Event Date Price Change
Listed May 30, 2024 $1,450,000 -
Currently May 17, 2026 $1,395,000 -3.8%

Description

Welcome to your next investment opportunity in Glendale, NY! This well-maintained corner brick building boasts a prime location and lucrative potential. Comprising five residential units along with a convenient 2-car garage, this property offers both versatility and convenience. Currently, apartment 1R stands vacant, presenting an immediate opportunity for occupancy or customization. With a potential net annual income of $103,200 upon rental of 1R, and a net income of $72,610, this investment promises substantial returns. The building features four one-bedroom apartments and one spacious three-bedroom unit, catering to a variety of tenant needs. Heating is provided by oil, ensuring comfort throughout the seasons. Located in proximity to Atlas Mall and just a stone's throw away from the express bus on 73rd and Myrtle, commuting into Manhattan is a breeze. Whether tenants seek urban amenities or suburban tranquility, this property offers the best of both worlds. Don't miss out on this exceptional opportunity to add a lucrative asset to your portfolio.





Features & Amenities

Interior Features

Building None None

Financial Details

RE Taxes $13,236/yr ($1,103/mo)
Original Price $1,450,000
Sale Price $1,365,000
Previous Price $1,450,000

Glendale is a residential Queens neighborhood of one- and two-family frame and brick homes built from the 1920s through the 1950s, with scattered multi-family buildings along the commercial corridors. The M train at Fresh Pond Road provides direct subway service, and local buses connect to the LIRR at Woodhaven. The Ridgewood Reservoir in Highland Park offers walking trails along the neighborhood border.

Glendale Live Market Data

View Neighborhood

Active Listings

4

Median Asking Price

$1.45M

Median $/Sqft

$474

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

0

Median Sale Price

$945K

Live data from RLS at REBNY • Updated 5/17/26, 7:06 AM EST

Similar Listings in Glendale

View All

Location

Loading map...

71-20 Central Avenue, Glendale, Queens County • Near 71ST PLACE

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
3
Floors
5
Residential Units
R4-1
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $219,600
Land Value: $137,250
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,000 SF
Building Area: 3,360 SF
Built FAR: 1.68
Allowed FAR: 1

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $13,236, or roughly $1,103 per month. Verify the current assessment with your attorney before closing.

This property has 7 bedrooms and 5 full bathrooms.

According to MLS records, the building was constructed in 1900, making it approximately 126 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10987514
First Listed: 5/30/2024
On Market: 5/30/2024
Price Changed: 8/5/2024
Closed: 1/14/2025
Contract Date: 5/16/2024

Listing Courtesy of Crifasi Realty Associates Inc - Sal Crifasi

Listing Contact: (718) 821-5999

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/17/2026 at 11:06 AM UTC

Buying in NYC? Start Here

Single-Family Homes in NYC: Finding Outdoor Space

Where to find private outdoor space and what it costs in each borough.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton