Two-Unit Duplex with
6659 74th Street, Middle Village, NY 11379
For Sale
$859,000
Two separate two-bedroom apartments occupy the first and second floors of this semi-detached property.
Property Size2,000 SF
Price / SF$429.50
Days on Market17
Property Features for 6659 74th Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
First Floor Bedroom
First Floor Full Bath
Building Details
Building Size
Year Built
Units
Construction
Listing Agency:
Campione Realty
Listed By:
Viorel A. Ardelian
(917) 435-3035
Source:
Georgemcknight
Added: Oct 23
Changed: Nov 7
Last Checked: Nov 7 at 5:37PM
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 Campione Realty
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Investment Insights
Based on property information with market context.
This semi-detached duplex contains two apartments, each with two bedrooms, arranged on separate floors. The property includes a one-car garage and was built in 1930. The building measures 2,000 square feet.
The property is within walking distance of the M train and Juniper Park. Interior access is not available for viewing; the house can be viewed from outside only.
The property is within walking distance of the M train and Juniper Park. Interior access is not available for viewing; the house can be viewed from outside only.
Key Highlights
- Two apartments, each with 2 bedrooms
- One‑car garage
- 2,000 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,889
Cap Rate
5.69%
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 5.69%
Second Best
Multifamily LT 5
$472.9K
$413.8K – $551.7K
NOI $33,103 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $103,210 @ 7.0% cap · market cap 12.02%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,497
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
$886,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Two separate two-bedroom apartments occupy the first and second floors of this semi-detached property.
Where is this duplex located?
The property is located at 6659 74th Street Middle Village, NY.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms; One‑car garage; 2,000 square feet
