#888593, Listing office: Sparrow REALTORS LLC
69-23 62nd Dr Middle Village, NY 11379
Property details
About 69-23 62nd Dr
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.
Highlights
Summary
- Partial Bathrooms: 3
- Full Bathrooms: 4
- Appliances: Stainless Steel Appliance(s)
- Basement: Yes
- Flooring Type: Hardwood
- Interior: First Floor Bedroom, First Floor Full Bath, High Ceilings, Open Floorplan
- Total Bedroom Count: 3
- Private Pool: No
- Architectural Style: Modern
- Heating: Forced Air, Electric, Hot Water, Natural Gas
- Cooling: Central Air, Ductless
- List Price: $2,050,000
- Price/SqFt: $820
- Year Built: 1930
- Living Area: 2,500 SqFt
- MLS Number: 861768
- MLS Name: ONEKEY2
- Office Name: Crifasi Real Estate Inc
- Office Phone: (718) 782-4411
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Price information
Property sales
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Tax history
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Nearby schools
5
P.S. 153 Maspeth Elementary School
Public District KG-6
0.8 mi
•6002 60th Ln
6
P.S. 58 The School of Heroes
Public District KG-5
0.9 mi
•7224 Grand Ave
5
P.S. 91 Richard Arkwright School
Public District PK-5
0.9 mi
•6810 Central Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $75,568. The majority of Middle Village, NY residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 69-23 62nd Dr
The listing price of 69-23 62nd Dr property is $2,050,000.
The property 69-23 62nd Dr is a townhouse located in Middle Village, New York, 11379.
Active Listing: 69-23 62nd Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 69-23 62nd Dr are: P.S. 153 Maspeth Elementary School (GreatSchools Rating 5/10), P.S. 58 The School of Heroes (GreatSchools Rating 6/10), P.S. 91 Richard Arkwright School (GreatSchools Rating 5/10), P.S. 128 Juniper Valley School (GreatSchools Rating 7/10), Middle Village Preparatory Charter School (GreatSchools Rating 8/10), P.S. 49 Dorothy Bonawit Kole (GreatSchools Rating 7/10), Maspeth High School (GreatSchools Rating 7/10), Grover Cleveland High School (GreatSchools Rating 3/10), Metropolitan Expeditionary Learning School (GreatSchools Rating 5/10).
The property at 69-23 62nd Dr has 3 bedrooms and 4 full and 3 half bathrooms.
The property 69-23 62nd Dr is 2,500 SqFt (source: MLS/tax record).
The year of construction for 69-23 62nd Dr is 1930.
This home is located at 69-23 62nd Dr in Middle Village, NY and zip code 11379 in the Northwestern Queens neighborhood. This 2,500 square foot home was built in 1930. Features: 3 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $2,050,000.
Over 232 listings were sold over their listed price in June 2025 in Middle Village, NY. In the same period over 715 listings were sold below the listed price and 1007 listings were sold for the listed price. The inventory of homes for sale in Middle Village, NY between May and June 2025 decreased by 4.3%. While the average time on the market in June 2025 was 99 days, the median list price was $881,252.