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Brick Duplex With Finished Basement
For Sale
$998,000

75-30 67th Drive, Middle Village, NY 11379

Legal two-family property with separate apartments, a finished basement, and a private fenced yard.

Property Size1,852 SF
Price / SF$538.88
Days on Market111

Property Features for 75-30 67th Drive

General Information

Standard status Active
Size 1,852 SF
Property subtype Duplex

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $6,314

Amenities

finished basement
private fenced-in yard

Building Details

Building Size 1,852 SF
Year Built 1910
Buildings 1
Stories 2
Construction brick
Listing Agency: Coldwell Banker Phillips
Listed By: Louis C. Pastorini
Source: Cbwarburg
Added: Apr 18 Changed: Aug 5 Last Checked: Aug 5 at 5:10AM

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 Coldwell Banker Phillips

Investment Insights

Based on property information with market context.

This legal two-family brick duplex contains 1,852 square feet and was built in 1910. The first-floor apartment includes a living room, dining area, eat-in kitchen, full bath, and two bedrooms. The second-floor unit offers a living room, kitchen, full bath, and three bedrooms. A fully finished basement adds another full bathroom and direct access to the yard. Recent property updates include a gas hot water heater and roof coating and sealing completed weeks ago.

The property is located at 75-30 67th Drive in Middle Village, Queens, near Metropolitan Avenue. Nearby transportation includes the Q29, Q47, and Q54 bus lines, along with the M Train's first stop on Metropolitan Avenue. The home is vacant on title and includes a private, fenced rear yard.

Key Highlights

  • Legal two‑family brick duplex with 1,852 SF
  • First‑floor unit includes 2 bedrooms; second‑floor unit includes 3 bedrooms
  • Fully finished basement with full bathroom and yard access

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $85.6k $46.20
− Vacancy −$3.3k −$1.76
EGI $82.3k $44.44
− OpEx −$37.0k −$20.00
NOI $45.3k $24.44
1,852 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$646.7K
$565.9K – $754.5K (±1% cap)
NOI $45,271 @ 7.0% cap · market cap 4.54%
Second Best
Multifamily LT 5
$437.9K
$383.2K – $510.9K (±1% cap)
NOI $30,654 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$1.37M
$1.19M – $1.59M (±1% cap)
NOI $95,572 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Computer & Electronic Repair Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,512
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

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Legal two-family property with separate apartments, a finished basement, and a private fenced yard.
Where is this duplex located?
The property is located at 75-30 67th Drive Middle Village, NY.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: Legal two‑family brick duplex with 1,852 SF; First‑floor unit includes 2 bedrooms; second‑floor unit includes 3 bedrooms; Fully finished basement with full bathroom and yard access
More about this property
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