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2-Unit Duplex with Detached Garage

6214 62nd Road, Middle Village, NY 11379

For Sale
$1,199,999

Separate living and dining areas, finished lower-level space, and on-site laundry support flexible household arrangements.

Property Size1,768 SF
Price / SF$678.73
Days on Market34

Property Features for 6214 62nd Road

General Information

Standard status Active
Size 1,768 SF
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $6,573

Building Details

Building Size 1,768 SF
Year Built 1920
Units 2
Listing Agency: BLT Minimax Realty Inc
Listed By: Diane M. Muszynski
Source: Croninreale
Added: Oct 6 Changed: Nov 6 Last Checked: Nov 7 at 11:49AM

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 BLT Minimax Realty Inc

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Investment Insights

Based on property information with market context.

Built in 1920, this 1,768-square-foot duplex provides two-family occupancy with multiple living and dining areas. Interior features include hardwood flooring, kitchens and baths, and finished space on the lower level, along with storage and laundry. Natural light reaches the interiors, and the property includes an extended driveway, detached garage, and a rear yard with patio area.

The property is located in Middle Village, with shopping, dining, transportation, and neighborhood amenities nearby.

Key Highlights

  • Two‑family duplex with 1,768 square feet
  • Built in 1920
  • Detached garage and extended driveway

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,218
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$864,360 $864.4K
Cap Rate 7%
$617,400 $617.4K
Cap Rate 9%
$480,200 $480.2K
Market Conditions
NOI Build-Up for 1,768 SF
Gross rent
$81.7K $46.20/SF
− Vacancy
−$3.1K −$1.76/SF
EGI
$78.6K $44.44/SF
− OpEx
−$35.4K −$20.00/SF
NOI
$43.2K $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%
$864,360
Cap Rate 7%
$617,400
Cap Rate 9%
$480,200

Alternative Uses

Best Use
Apartment 5plus
$617.4K
$540.2K – $720.3K (±1% cap)
NOI $43,218 @ 7.0% cap · market cap 3.60%
Second Best
Multifamily LT 5
$418.0K
$365.8K – $487.7K (±1% cap)
NOI $29,263 @ 7.0% cap · market cap 2.44%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,237 @ 7.0% cap · market cap 7.60%
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

2,181
Businesses Nearby

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

$568 Jul
$604 Aug
$633 Sep
$578 Oct

Properties on Market for Duplexes in Middle Village

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate living and dining areas, finished lower-level space, and on-site laundry support flexible household arrangements.
Where is this duplex located?
The property is located at 6214 62nd Road Middle Village, NY.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: Two‑family duplex with 1,768 square feet; Built in 1920; Detached garage and extended driveway
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