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$1,899,000 Just Listed
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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.
Full Property Details
Full Property Details for 75-01 88th St
General
- Price: $1,899,000
- Taxes: $35,607
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 994613
- Updated: Today (5/5/2026)
- Added to Site: Today
Business
- Business Type: Restaurant
Parking
- Total Spaces: 11
- Parking Features: Assigned, Driveway, Garage, Off Street
- Assigned Parking: Yes
Location
- County: Queens
- Cross Streets: 75th Avenue
School Information
- High School District: Queens24
- Elementary School: Ps/Is 113 Anthony J Pranzo
- Middle School: PS/IS 119 Glendale
- High School: Maspeth High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement
- Building Size: 3444
- Square Feet: 3,444
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.1621
- Lot Size (Sq. Ft.): 7,059
- Zoning: R4B
Financial Considerations
- Tax Amount: $35,607
Disclosures and Reports
- Special Conditions: None
- Property ID: 03856-0159
- Block: 3856
- Lot Number: 159
Listed by Crifasi Real Estate Inc
Get Pre-Approved Today
Schools
Schools serving 75-01 88th St
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Ps 113 Isaac Chauncey 78-23 87th St, Queens, NY 11385 | K-8 | 0.2 mi |
Queens Metropolitan High School 91-30 Metropolitan Ave, Queens, NY 11375 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 75-01 88th St
Date
Details
Price
Change
Source
5/05/2026
Listed
$1,899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 75-01 88th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$35,782
—
$309,154
8%
2025
$35,782
8%
$286,254
8%
2024
$33,137
-2%
$265,050
-2%
2023
$33,941
5%
$271,488
-17%
2022
$32,274
8%
$325,350
7%
2021
$29,890
7%
$303,300
-9%
2020
$28,054
8%
$332,550
11%
2019
$25,976
1%
$300,780
44%
2017
$25,668
—
$208,260
3%
2017
$25,668
7%
$201,805
8%
2016
$24,090
8%
$186,857
8%
2015
$22,290
5%
$173,016
8%
2014
$21,193
-2%
$160,200
-1%
2013
$21,657
—
$161,226
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 75-01 88th St
75-01 88th Street, Glendale, NY 11385 (MLS# 994613) is a Commercial property. 75-01 88th Street is currently listed for $1,899,000 and was received on May 05, 2026. Want to learn more about 75-01 88th Street? Do you have questions about finding other Commercial real estate for sale in Glendale? You can browse all Glendale real estate or contact a Coldwell Banker agent to request more information.

