Brick Residential Income
76-18 57th Road, Middle Village, NY 11379
For Sale
$2,280,000
The 2023-built property includes a private driveway, a two-car garage, and a rear yard.
Property Size3,024 SF
Price / SF$753.97
Days on Market69
Property Features for 76-18 57th Road
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
rear yard
separate basement entrance
tall attic
First Floor Bedroom
Building Details
Building Size
Year Built
Units
Construction
Listing Agency:
N & H Realty Group Inc
Listed By:
Nan Zhang · License #10311206308
(718) 902-8992
Source:
Adamstreetrealty
Added: Sep 1
Changed: Nov 2
Last Checked: Nov 7 at 2:12AM
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 N & H Realty Group Inc
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Investment Insights
Based on property information with market context.
Built in 2023, this brick residential income property contains 3,024 square feet, with 8 bedrooms and 6 bathrooms. The 40' x 100' lot includes a private driveway, a two-car garage, and a rear yard. Additional space includes a basement with a separate entrance and rear and side access, as well as a tall attic. The property can be delivered vacant, subject to applicable zoning and regulations.
The home is on a quiet residential street in Middle Village, near transportation, shopping, restaurants, schools, and parks.
The home is on a quiet residential street in Middle Village, near transportation, shopping, restaurants, schools, and parks.
Key Highlights
- 2023‑built brick property with 3,024 square feet
- 8 bedrooms and 6 bathrooms
- 40' x 100' lot with private driveway and two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,920
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,478,400
$1.5M
Cap Rate 7%
$1,056,000
$1.1M
Cap Rate 9%
$821,333
$821.3K
Market Conditions
NOI Build-Up for 3,024 SF
Gross rent
$139.7K $46.20/SF
− Vacancy
−$5.3K −$1.76/SF
EGI
$134.4K $44.44/SF
− OpEx
−$60.5K −$20.00/SF
NOI
$73.9K $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%
$1,478,400
Cap Rate 7%
$1,056,000
Cap Rate 9%
$821,333
Alternative Uses
Best Use
Apartment 5plus
$1.06M
$924.0K – $1.23M
NOI $73,920 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.23M
$1.95M – $2.60M
NOI $156,053 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,670
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 Residential income properties in Middle Village, NY
Properties on Market for Residential income properties in Middle Village
Frequently Asked Questions
What type of property is this?
Residential income property - The 2023-built property includes a private driveway, a two-car garage, and a rear yard.
Where is this residential income property located?
The property is located at 76-18 57th Road Middle Village, NY.
What is the asking price?
The asking price for this property is $2,280,000.
What are key features of this property?
This property features: 2023‑built brick property with 3,024 square feet; 8 bedrooms and 6 bathrooms; 40' x 100' lot with private driveway and two‑car garage
