75-30 67th Drive, Middle Village, NY 11379
Legal two-family property with separate apartments, a finished basement, and a private fenced yard.
Property Features for 75-30 67th Drive
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Investment Insights
Based on property information with market context.
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 |
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Demographics for 11379, NY
Market
Vacancy Rate% for Multifamily in Northeast region