Two-Unit Duplex with
66-28 75th Street, Middle Village, NY 11379
For Sale
$999,999
The property includes a finished basement, a party driveway and a two-car garage.
Property Size1,782 SF
Price / SF$561.17
Days on Market14
Property Features for 66-28 75th Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Units
Construction
Listing Agency:
Prime Realty
Listed By:
John Amore · License #L3543964
(347) 537-9367
Source:
Georgemcknight
Added: Oct 26
Changed: Nov 7
Last Checked: Nov 7 at 8:26PM
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 Prime Realty
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Investment Insights
Based on property information with market context.
This two-family duplex has a six-room apartment above a five-room apartment, with a full finished basement below. The property also includes a party driveway and a two-car garage. A new furnace and first-floor bathroom are among the recent improvements.
In Middle Village, the home is two blocks from shops on Metropolitan Avenue and two blocks from Juniper Valley Park. Built in 1930, it offers two residential units with separate room counts.
In Middle Village, the home is two blocks from shops on Metropolitan Avenue and two blocks from Juniper Valley Park. Built in 1930, it offers two residential units with separate room counts.
Key Highlights
- Two apartments: one with 6 rooms and one with 5 rooms
- Full finished basement
- Two‑car garage and party driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,560
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$871,200
$871.2K
Cap Rate 7%
$622,286
$622.3K
Cap Rate 9%
$484,000
$484.0K
Market Conditions
NOI Build-Up for 1,782 SF
Gross rent
$82.3K $46.20/SF
− Vacancy
−$3.1K −$1.76/SF
EGI
$79.2K $44.44/SF
− OpEx
−$35.6K −$20.00/SF
NOI
$43.6K $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%
$871,200
Cap Rate 7%
$622,286
Cap Rate 9%
$484,000
Alternative Uses
Best Use
Apartment 5plus
$622.3K
$544.5K – $726.0K
NOI $43,560 @ 7.0% cap · market cap 4.36%
Second Best
Multifamily LT 5
$421.4K
$368.7K – $491.6K
NOI $29,495 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,960 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,747
Businesses Nearby
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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
$886,600
Median Home Value
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Market
Average Price Trend$/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 - The property includes a finished basement, a party driveway and a two-car garage.
Where is this duplex located?
The property is located at 66-28 75th Street Middle Village, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Two apartments: one with 6 rooms and one with 5 rooms; Full finished basement; Two‑car garage and party driveway
