Three-Unit Triplex with
New
For Sale
$1,398,000
78-09 67th Drive, Middle Village, NY 11379
Residential Income, Middle Village, NY
Property Size2,400 SF
Lot Size0.06 Acres
Price / SF$582.50
Days on Market3
Property Features for 78-09 67th Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 1, Bedroom 6, Bedroom 3, Bathroom 3, Bathroom 2
Subdivision
Middle Village
View
City
High school district
Queens 24
Directions
Google Maps
Standard status
Active
APN
03777-0004
Size
2,400 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7465
Utilities
Heating system
Oil
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Flooring type
Hardwood
Building materials
Brick
Listing Agency:
PRIME AMERICA REAL ESTATE INC
(347) 725-3142
Listed By:
Gobinda Lama · License #10311207567
(718) 975-1107
Added: Oct 8
Changed: Oct 9
Last Checked: Oct 10 at 9:06AM
MLS# 12019695
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.
Investment Insights
Based on property information with market context.
This brick three-family home has a six-room first-floor residence with three bedrooms, a home office, living and dining rooms, and a full bathroom. Two separate apartments occupy the second floor: one has a bedroom and one bathroom, while the other includes two bedrooms and one bathroom. Both apartments have living and dining areas and eat-in kitchens. The basement provides a utility room and recreation space.
Built in 1920, the property has hardwood flooring, oil heat, and public water. A two-car garage and an approximately 8-foot-wide party driveway provide private parking. The property is in Middle Village, Queens, and occupies a 0.06-acre lot.
Built in 1920, the property has hardwood flooring, oil heat, and public water. A two-car garage and an approximately 8-foot-wide party driveway provide private parking. The property is in Middle Village, Queens, and occupies a 0.06-acre lot.
Key Highlights
- Three‑family layout with a six‑room first‑floor residence and two second‑floor apartments
- Upper‑floor apartments offer one bedroom and two bedrooms, respectively; each has one bathroom and an eat‑in kitchen
- Two‑car garage and approximately 8‑foot‑wide party driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,667
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,173,340
$1.2M
Cap Rate 7%
$838,100
$838.1K
Cap Rate 9%
$651,856
$651.9K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$110.9K $46.20/SF
− Vacancy
−$4.2K −$1.76/SF
EGI
$106.7K $44.44/SF
− OpEx
−$48.0K −$20.00/SF
NOI
$58.7K $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%
$1,173,340
Cap Rate 7%
$838,100
Cap Rate 9%
$651,856
Alternative Uses
Best Use
Apartment 5plus
$838.1K
$733.3K – $977.8K
NOI $58,667 @ 7.0% cap · market cap 4.20%
Second Best
Multifamily LT 5
$567.5K
$496.6K – $662.1K
NOI $39,724 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M
NOI $123,852 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,512
Businesses Nearby
Explore this area
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
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Separate upper-level apartments complement a three-bedroom first-floor residence and basement recreation space.
Where is this triplex located?
The property is located at 78-09 67th Drive Middle Village, NY.
What is the asking price?
The asking price for this property is $1,398,000.
What are key features of this property?
This property features: Three‑family layout with a six‑room first‑floor residence and two second‑floor apartments; Upper‑floor apartments offer one bedroom and two bedrooms, respectively; each has one bathroom and an eat‑in kitchen; Two‑car garage and approximately 8‑foot‑wide party driveway
