Duplex with Finished
For Sale
$1,520,000
Pending
58-30 75th Street, Middle Village, NY 11379
Two upper-floor apartments are complemented by a walk-in level, private outdoor space, and on-site parking.
Property Size3,267 SF
Days on Market9
Property Features for 58-30 75th Street
General Information
Standard status
Pending
Size
3,267 SF
Total Parking Spaces
4
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/1.5BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$14,955
Amenities
rear terrace
private fenced backyard
Finished,Full,Storage Space,Walk-Out Access
Hardwood
5
No
Yes
7
Eat-in Kitchen,Entrance Foyer,Formal Dining,Original Details,Storage,Washer/Dryer Hookup
Finished, Full, Storage Space, Walk-Out Access
Back Yard,Fenced,Full
Public
4
Driveway, Garage, Garage Door Opener, Private
3267
Building Details
Building Size
3,267 SF
Year Built
1970
Buildings
1
Stories
3
Construction
brick
Listing Agency:
(516) 703-2918
Listed By:
Michael Giordano
Source:
Hedgestonehomes
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 2:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michael Giordano
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 33-foot-wide brick duplex has three stories and a full finished basement. Each of the second and third floors contains three bedrooms, one and a half bathrooms, a kitchen, dining room, living room, and rear terrace. The walk-in level has a living area and plumbing in place for a future bathroom. The basement includes a full bathroom, storage space, and walk-out access to the fenced backyard.
Oak floors run throughout the residence. Building features include an updated hot water heater, three-zone heating, and separate hallway circuit breakers for the second and third floors. A private driveway and detached two-car garage provide parking for up to four vehicles.
Grand Avenue and Eliot Avenue are each less than half a mile away. Nearby transit includes the Q14, Q58, Q59, and Q98 local buses, along with QM24, QM25, and QM34 express bus service to Manhattan.
Oak floors run throughout the residence. Building features include an updated hot water heater, three-zone heating, and separate hallway circuit breakers for the second and third floors. A private driveway and detached two-car garage provide parking for up to four vehicles.
Grand Avenue and Eliot Avenue are each less than half a mile away. Nearby transit includes the Q14, Q58, Q59, and Q98 local buses, along with QM24, QM25, and QM34 express bus service to Manhattan.
Key Highlights
- 33‑foot‑wide, three‑story brick two‑family residence
- Two upper floors each have 3 bedrooms, 1.5 bathrooms, a kitchen, dining room, living room, and rear terrace
- Full finished basement with full bathroom, storage, and walk‑out access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,860
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,597,200
$1.6M
Cap Rate 7%
$1,140,857
$1.1M
Cap Rate 9%
$887,333
$887.3K
Market Conditions
NOI Build-Up for 3,267 SF
Gross rent
$150.9K $46.20/SF
− Vacancy
−$5.7K −$1.76/SF
EGI
$145.2K $44.44/SF
− OpEx
−$65.3K −$20.00/SF
NOI
$79.9K $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%
$1,597,200
Cap Rate 7%
$1,140,857
Cap Rate 9%
$887,333
Alternative Uses
Best Use
Apartment 5plus
$1.14M
$998.3K – $1.33M
NOI $79,860 @ 7.0% cap · market cap 5.25%
Second Best
Multifamily LT 5
$772.5K
$675.9K – $901.2K
NOI $54,074 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$2.41M
$2.11M – $2.81M
NOI $168,593 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,747
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two upper-floor apartments are complemented by a walk-in level, private outdoor space, and on-site parking.
Where is this duplex located?
The property is located at 58-30 75th Street Middle Village, NY.
What is the asking price?
The asking price for this property is $1,520,000.
What are key features of this property?
This property features: 33‑foot‑wide, three‑story brick two‑family residence; Two upper floors each have 3 bedrooms, 1.5 bathrooms, a kitchen, dining room, living room, and rear terrace; Full finished basement with full bathroom, storage, and walk‑out access
