Three-Story Duplex
For Sale
$1,698,000
6542 Metropolitan Ave, Middle Village, NY 11379
Residential Income, Middle Village, NY
Property Size2,631 SF
Lot Size0.04 Acres
Price / SF$645.38
Days on Market43
Property Features for 6542 Metropolitan Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
6
Full bathrooms
4
Half bathrooms
2
Rooms
Bedroom 6, Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 3, Bathroom 6, Bedroom 5, Bathroom 2, Bedroom 3, Bathroom 5, Bedroom 1, Bathroom 1
Parking features
Driveway
Patio and Porch features
Patio
Interior features
Walk-In Closet(s), Master Downstairs
Fencing
Fenced
Subdivision
Ridgewood
High school district
NEW YORK CITY GEOGRAPHIC DISTRICT #24
Directions
Map Quest.65th Pl /Metropolitan Ave/School,Shops.Near Public Transportation M/L Train.Local and Express Buses (Q54,Q38,Q67,Q58,Q59,Q14,QM25/QM34). Easy Commute To Manhattan!
Standard status
Active
APN
03603-0027
Size
2,631 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10608
Utilities
Heating system
Natural Gas, Baseboard, Hot Water(Heating)
Water source
Public
Amenities
private front yard
back balcony
Building Details
Year built
2007
Floors in Building
3
Flooring type
Tile, Hardwood
Building materials
Stucco, Brick
Architectural style
Other
Listing Agency:
TRADEMARKO REALTY INC
(718) 502-5141
Listed By:
Malgorzata Pieniadz · License #NEWYORK(NY)LICENSE10301217154
(347) 647-6397
Added: Aug 27
Changed: Oct 8
Last Checked: Oct 8 at 9:06PM
MLS# 11954711
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2007, this three-story duplex property contains two separate duplex residences totaling 2,631 square feet. The configuration includes 6 bedrooms, 4 full bathrooms, and 2 half bathrooms, with finished basement space adding flexibility for recreation, office, or fitness use. Hardwood and tile flooring, walk-in closets, natural-gas baseboard and hot-water heating, and stucco and brick construction are among the documented features.
Outdoor amenities include a back balcony, patio, fenced private front yard, and a 2-space rear parking area. The property is zoned R4B with a C1-3 overlay and has public water service. It is located one block from the M train, with access to M and L subway service, multiple bus routes, the LIE, and the BQE. The home is also near shopping, schools, parks, banks, restaurants, and other daily conveniences.
Outdoor amenities include a back balcony, patio, fenced private front yard, and a 2-space rear parking area. The property is zoned R4B with a C1-3 overlay and has public water service. It is located one block from the M train, with access to M and L subway service, multiple bus routes, the LIE, and the BQE. The home is also near shopping, schools, parks, banks, restaurants, and other daily conveniences.
Key Highlights
- Two duplex residences totaling 2,631 square feet
- 6 bedrooms, 4 full bathrooms, and 2 half bathrooms
- Built in 2007 with a finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,313
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,286,260
$1.3M
Cap Rate 7%
$918,757
$918.8K
Cap Rate 9%
$714,589
$714.6K
Market Conditions
NOI Build-Up for 2,631 SF
Gross rent
$121.6K $46.20/SF
− Vacancy
−$4.6K −$1.76/SF
EGI
$116.9K $44.44/SF
− OpEx
−$52.6K −$20.00/SF
NOI
$64.3K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,286,260
Cap Rate 7%
$918,757
Cap Rate 9%
$714,589
Alternative Uses
Best Use
Apartment 5plus
$918.8K
$803.9K – $1.07M
NOI $64,313 @ 7.0% cap · market cap 3.79%
Second Best
Multifamily LT 5
$622.1K
$544.3K – $725.8K
NOI $43,547 @ 7.0% cap · market cap 2.56%
Theoretical Best
Office A
$1.94M
$1.70M – $2.26M
NOI $135,772 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,939
Businesses Nearby
Explore this area
Business Placement
Demographics for 11379, NY
37,906
Population
15,237
Households
2.5
Avg Household Size
44
Median Age
35%
College-Educated
84%
High-School Grad
2.2 sq mi
ZIP Area
17,230
Density / Sq Mi
$92,509
Median Household Income
$54,109
Median Earnings
$1,989
Median Rent
$886,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two duplex residences provide flexible multi-level layouts with finished basement space, outdoor areas, and off-street parking.
Where is this duplex located?
The property is located at 6542 Metropolitan Ave Middle Village, NY.
What is the asking price?
The asking price for this property is $1,698,000.
What are key features of this property?
This property features: Two duplex residences totaling 2,631 square feet; 6 bedrooms, 4 full bathrooms, and 2 half bathrooms; Built in 2007 with a finished basement
