Brick Two-Family
New
For Sale
$1,380,000
6022 83rd Place, Middle Village, NY 11379
Two residential units combine with a finished basement and private backyard.
Property Size2,136 SF
Lot Size0.05 Acres
Price / SF$646.07
Days on Market7
Property Features for 6022 83rd Place
General Information
Standard status
Active
Size
2,136 SF
Lot size
0.05 Acres
Property subtype
Duplex
Units
Unit Mix
2BR/1BA, 3BR/2BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$8,063
Building Details
Building Size
2,136 SF
Year Built
1998
Buildings
1
Construction
brick
Listing Agency:
Winzone Realty Inc
(917) 379-1511
Listed By:
Richard Chen
Source:
Cbwarburg
Added: Jul 31
Changed: Aug 5
Last Checked: Aug 5 at 4:04AM
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 Winzone Realty Inc
Investment Insights
Based on property information with market context.
This well-maintained brick duplex contains two residential apartments within a 2,136-square-foot property built in 1998. The first-floor unit includes 2 bedrooms and 1 full bathroom, while the second-floor unit offers 3 bedrooms and 2 full bathrooms. A finished basement with its own rear entrance extends the usable space and connects to a private backyard. The building measures approximately 21 ft. × 52 ft. and sits on a 21 ft. × 100 ft. lot.
The property is located in Middle Village near shopping, dining, parks, schools, and daily services. Queens Center Mall, Costco Wholesale, Target, supermarkets, and local restaurants and retailers are among the nearby destinations. Bus service includes the Q29, Q38, Q47, Q54, Q67, and Q72 routes, with access to the M and R subway lines at Woodhaven Boulevard and 63 Drive-Rego Park stations.
The property is located in Middle Village near shopping, dining, parks, schools, and daily services. Queens Center Mall, Costco Wholesale, Target, supermarkets, and local restaurants and retailers are among the nearby destinations. Bus service includes the Q29, Q38, Q47, Q54, Q67, and Q72 routes, with access to the M and R subway lines at Woodhaven Boulevard and 63 Drive-Rego Park stations.
Key Highlights
- Two residential units: 2 bedrooms and 1 full bathroom on the first floor; 3 bedrooms and 2 full bathrooms upstairs
- 2,136 SF property built in 1998
- Finished basement with separate rear entrance
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $98.7k | $46.20 |
| − Vacancy | −$3.7k | −$1.76 |
| EGI | $94.9k | $44.44 |
| − OpEx | −$42.7k | −$20.00 |
| NOI | $52.2k | $24.44 |
2,136 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$745.9K
$652.7K – $870.2K
NOI $52,213 @ 7.0% cap · market cap 3.78%
Second Best
Multifamily LT 5
$505.1K
$441.9K – $589.2K
NOI $35,354 @ 7.0% cap · market cap 2.56%
Theoretical Best
Office A
$1.57M
$1.38M – $1.84M
NOI $110,228 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,302
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units combine with a finished basement and private backyard.
Where is this duplex located?
The property is located at 6022 83rd Place Middle Village, NY.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: Two residential units: 2 bedrooms and 1 full bathroom on the first floor; 3 bedrooms and 2 full bathrooms upstairs; 2,136 SF property built in 1998; Finished basement with separate rear entrance
