Middle Village, NY 11379,69-23 62 DR
Middle Village, NY 11379,69-23 62 DR
Middle Village, NY 11379,69-23 62 DR
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$2,075,000
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69-23 62 DR Middle Village, NY 11379

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 859068

Rental Info No

Year Built 1930

Annual Tax Amount $22,975

Property Sub-Type Mixed Use

Source onekey2

Property Description

Investor opportunity in the heart of Middle Village! This fully renovated, mixed-use brick property at 69-23 62nd Drive offers strong cash flow and long-term upside with minimal maintenance. The building features two residential units and two professional office spaces, all separately metered and in excellent condition. One of the residential units is currently vacant and ready for occupancy, while the second-floor 2-bedroom, 2-bathroom duplex is leased through late 2025. The rear commercial spaces are fully occupied by long-term professional tenants with leases extending through 2027 and 2028.



The combined gross rental income is approximately $11,500 per month, offering a solid return on investment. The commercial space totals roughly 2,300 square feet and features 13' ceilings on the ground level, two ADA bathrooms, 9' ceilings on the lower level, skylights, and central heating and cooling—ideal for medical, office, or studio use.

Operating expenses are minimal, with water and sewer charges around $1,600/year, property insurance approximately $5,000/year, and property taxes at $22,975/year. The private parking area is currently used by commercial tenants. This is a new construction building, so no lead paint testing is required.

Located near Juniper Valley Park, 69th Street, the M train, LIE, and both LaGuardia and JFK airports, this is an excellent turn-key investment in a prime Middle Village location.

Location

State NY

County Queens

Rooms

Basement Finished

Interior

Heating Electric, Ducts, Forced Air, Hot Water

Cooling Central Air, Ductless, Wall/Window Unit(s)

Fireplace No

Exterior

Utilities Available Cable Connected, Natural Gas Connected

Total Parking Spaces 2

Building

Story 3

Water Public

Structure Type Brick

Others

Special Listing Condition None


Listed by Crifasi Real Estate Inc
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Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.

 

Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how. 


If you're interested in this listing and would like to learn more, just drop us your name info here and we'll get straight back with you to discuss it. We look forward to speaking with you.

+1(718) 273-1200

christine@salmonrealestate.com

1855 Victory Blvd, Island, NY, 10314, United States

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69-23 62 DR