Two-Family Duplex with Finished
6149 62nd Road, Middle Village, NY 11379
For Sale
$1,199,000
Two separate apartments are complemented by a finished basement with a full bath, kitchen area, and exterior entrance.
Property Size2,000 SF
Price / SF$599.50
Days on Market9
Property Features for 6149 62nd Road
General Information
Standard status
Size
Property subtype
Units
Multifamily Units
Individually Metered Utilities
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
pool
laundry room
deck
Finished,Full,Storage Space,Walk-Out Access
3
Yes
5
First Floor Bedroom,First Floor Full Bath
Finished, Full, Storage Space, Walk-Out Access
Public
No
On Street
2000
Building Details
Building Size
Year Built
Year Renovated
Buildings
Stories
Listing Agency:
(631) 613-8782
Listed By:
Geralda Desir
Source:
Goldcrestrealtygrp
Added: Oct 31
Changed: Nov 7
Last Checked: Nov 7 at 12:14PM
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 Geralda Desir
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 two-story attached duplex is configured as a legal two-family home, with a five-room first-floor apartment and a six-room second-floor apartment. The first unit has two bedrooms, a galley kitchen, and deck access. The upper apartment includes three bedrooms, a galley kitchen, and a formal dining room. A finished basement adds a full bathroom, kitchen area, laundry room, storage, and an outside entrance. The home also has three full bathrooms, three gas stoves, two refrigerators, two gas meters, and 200-amp electrical service.
Built in 1920, the property is in Middle Village, Queens, near rail service, shopping, restaurants, and transportation. On-street parking is available, with no alternate-side parking restrictions. The roof is 6 years old, and the Burnham boiler is 12 years old.
Built in 1920, the property is in Middle Village, Queens, near rail service, shopping, restaurants, and transportation. On-street parking is available, with no alternate-side parking restrictions. The roof is 6 years old, and the Burnham boiler is 12 years old.
Key Highlights
- Legal two‑family layout in a two‑story attached home
- Five‑room first‑floor apartment and six‑room second‑floor apartment
- Finished basement with full bathroom, kitchen area, laundry, storage, and outside entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,889
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$977,780
$977.8K
Cap Rate 7%
$698,414
$698.4K
Cap Rate 9%
$543,211
$543.2K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$92.4K $46.20/SF
− Vacancy
−$3.5K −$1.76/SF
EGI
$88.9K $44.44/SF
− OpEx
−$40.0K −$20.00/SF
NOI
$48.9K $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%
$977,780
Cap Rate 7%
$698,414
Cap Rate 9%
$543,211
Alternative Uses
Best Use
Apartment 5plus
$698.4K
$611.1K – $814.8K
NOI $48,889 @ 7.0% cap · market cap 4.08%
Second Best
Multifamily LT 5
$472.9K
$413.8K – $551.7K
NOI $33,103 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $103,210 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,913
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
$886,600
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Middle Village, NY
Properties on Market for Duplexes in Middle Village
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate apartments are complemented by a finished basement with a full bath, kitchen area, and exterior entrance.
Where is this duplex located?
The property is located at 6149 62nd Road Middle Village, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Legal two‑family layout in a two‑story attached home; Five‑room first‑floor apartment and six‑room second‑floor apartment; Finished basement with full bathroom, kitchen area, laundry, storage, and outside entrance
