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Single Family House for Sale in Middle Village, New York, Queens, NY 11379 | Web ID: 836469 | $1,398,000

 
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Property Description

This Excellent Four-family Property In The Heart Of Middle Village Generates A Projected Total Gross Income Of $101, 400 With A 6.03% Cap Rate Starting July 1, 2025—making It A Standout Opportunity For Those Seeking Stable, Long-term Rental Income In A Prime Location. This Property Features A Legal Walk-in Basement And Is Equipped With 4 Gas Meters And 4 Electric Meters. Recent Upgrades Include A New Hot Water Heater (2022), New Chimney Lining, Granite Stoop, Newly Tiled Basement Floors, And A Roof Redone 8 Years Ago. The Owner Pays For Heat, Hot Water, And Also Covers Electric And Cooking Gas For The Basement Unit, Which Is Currently Occupied By The Building’s Super. Tenants On The 1st And 2nd Floors Pay Their Own Electric And Cooking Gas. Ideally Situated Just Two Blocks From Juniper Valley Park And Close To The Vibrant Shops And Restaurants On Metropolitan Avenue, With Easy Access To The Q38 And Q67 Buses And Less Than A Mile From The M Subway Line—this Property Is An Ideal Addition To Any Investment Portfolio.

Property Information

Location/Town New York
Area/County Queens
Post Office/Postal City Middle Village
Prop. Type Single Family House for Sale
Tax $8,033.00
Bedrooms 6
Total Baths 5
Full Baths 5
Year Built 1901
Basement Finished, Full, See Remarks
Construction Brick
Total Units 4
Lot Size 20' X 100'
Lot SqFt 2,000
Cooling None
Util Incl Natural Gas Available
Condition Updated/Remodeled
Patio Patio
Days On Market 52
Tax Lot 42
Units 4
School District Queens24
Middle School Robert F Wagner Jr Secondary S
Elementary School Ps 128 Lorraine Tuzzo-Juniper
High School Maspeth High School
Features First floor bedroom, first floor full bath
Listing information courtesy of: NY Superior Realty

RealtyDepotNY

Tel: 718-896-0777
Cell: 347-219-2037
Fax: 718-896-7020

 

 

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  • 103-13 Queens Blvd., Forest Hills, NY 11375
  • Email: info@realtydepotny.com
  • Phone: 718-896-0777
  • Fax: 718-896-7020

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