$1,398,000

6634 74Th Street , Middle Village, NY 11379

 
Bedrooms:9 beds
Bathrooms:5 baths
(None specified):3,048 sqft
Lot:0
Year Built:1901
Listing Status:Active

Listing Agent

Nora Avalos
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

This excellent four-family property in the heart of Middle Village generates a projected total gross income of $101,400 with a 6.03% cap rate starting July 1, 2025-making it a standout opportunity for those seeking stable, long-term rental income in a prime location. This property features a legal walk-in basement and is equipped with 4 gas meters and 4 electric meters. Recent upgrades include a new hot water heater (2022), new chimney lining, granite stoop, newly tiled basement floors, and a roof redone 8 years ago. The owner pays for heat, hot water, and also covers electric and cooking gas for the basement unit, which is currently occupied by the building's super. Tenants on the 1st and 2nd floors pay their own electric and cooking gas. Ideally situated just two blocks from Juniper Valley Park and close to the vibrant shops and restaurants on Metropolitan Avenue, with easy access to the Q38 and Q67 buses and less than a mile from the M subway line-this property is an ideal addition to any investment portfolio.

Detailed Items

Other Information

6634 74Th Street, Middle Village, NY, 11379 is a (none specified) listing of 3,048 sqft on a lot of 0. This (none specified) listing has 9 bedrooms, and 5 baths. The map for this location can be viewed on Google maps at Google maps to property6634 74Th Street, Middle Village, NY
Copyright © 2025 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.

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