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Duplex with Backyard Patio

74-12 66th Drive, Middle Village, NY 11379

For Sale
New
$850,000

Residential Income, Middle Village, NY

Property Size1,708 SF
Lot Size0.03 Acres
Price / SF$497.66
Days on Market3

Property Features for 74-12 66th Drive

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3
Subdivision Middle Village
Standard status Active
Size 1,708 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 6142

Utilities

Heating system Natural Gas

Amenities

backyard patio
basement storage

Building Details

Year built 1920
Floors in Building 2
Buildings 1
Listing Agency: JZ REAL ESTATE PARTNERS LLC
Listed By: Jennifer Zajfe · License NY #10491213944
Added: Nov 12 Last Checked: Nov 14 at 12:06AM
MLS# 12065953

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This semi-detached, two-family duplex contains 1,708 square feet on a 0.0262-acre lot and was built in 1920. The first-floor apartment has two bedrooms and one bathroom, has been fully renovated, and opens to a small backyard patio. The second-floor apartment also has two bedrooms and one bathroom, plus an office. An unfinished basement provides storage, and the building’s electrical service connection has been upgraded. Heating is natural gas.

Shopping, dining, and transportation options on Metropolitan Avenue are directly adjacent to the property. Juniper Valley Park is a few blocks away.

Key Highlights

  • Two‑family semi‑detached property with two apartments
  • 1,708 square feet on a 0.0262‑acre lot
  • First‑floor apartment renovated, with private access to a small backyard patio

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,206
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$844,120 $844.1K
Cap Rate 7%
$602,943 $602.9K
Cap Rate 9%
$468,956 $469.0K
Market Conditions
NOI Build-Up for 1,708 SF
Gross rent
$65.6K $38.40/SF
− Vacancy
−$5.3K −$3.10/SF
EGI
$60.3K $35.30/SF
− OpEx
−$18.1K −$10.59/SF
NOI
$42.2K $24.71/SF
Area
Queens County, NY
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$844,120
Cap Rate 7%
$602,943
Cap Rate 9%
$468,956

Alternative Uses

Best Use
Multifamily LT 5
$602.9K
$527.6K – $703.4K (±1% cap)
NOI $42,206 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$596.4K
$521.9K – $695.9K (±1% cap)
NOI $41,751 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $88,141 @ 7.0% cap · market cap 10.37%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,504
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Both apartments have two bedrooms and one bathroom, with an additional office in the second-floor unit.
Where is this duplex located?
The property is located at 74-12 66th Drive Middle Village, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two‑family semi‑detached property with two apartments; 1,708 square feet on a 0.0262‑acre lot; First‑floor apartment renovated, with private access to a small backyard patio
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