Property
Ownership: | For Sale |
---|---|
Type: | mixed-use |
Bedrooms: | Studio |
Pets: | Pets No |
Financials
Listing Courtesy of Crifasi Real Estate Inc
DescriptionInvestor opportunity in the heart of Middle Village! This fully renovated, mixed-use brick property at 69-23 62nd Drive offers strong cash flow and long-term upside with minimal maintenance. The building features two residential units and two professional office spaces, all separately metered and in excellent condition. One of the residential units is currently vacant and ready for occupancy, while the second-floor 2-bedroom, 2-bathroom duplex is leased through late 2025. The rear commercial spaces are fully occupied by long-term professional tenants with leases extending through 2027 and 2028.
The combined gross rental income is approximately $11,500 per month, offering a solid return on investment. The commercial space totals roughly 2,300 square feet and features 13’ ceilings on the ground level, two ADA bathrooms, 9’ ceilings on the lower level, skylights, and central heating and cooling—ideal for medical, office, or studio use.
Operating expenses are minimal, with water and sewer charges around $1,600/year, property insurance approximately $5,000/year, and property taxes at $22,975/year. The private parking area is currently used by commercial tenants. This is a new construction building, so no lead paint testing is required.
Located near Juniper Valley Park, 69th Street, the M train, LIE, and both LaGuardia and JFK airports, this is an excellent turn-key investment in a prime Middle Village location.Amenities- Cable Connected
- Electricity Available
- Natural Gas Connected
Investor opportunity in the heart of Middle Village! This fully renovated, mixed-use brick property at 69-23 62nd Drive offers strong cash flow and long-term upside with minimal maintenance. The building features two residential units and two professional office spaces, all separately metered and in excellent condition. One of the residential units is currently vacant and ready for occupancy, while the second-floor 2-bedroom, 2-bathroom duplex is leased through late 2025. The rear commercial spaces are fully occupied by long-term professional tenants with leases extending through 2027 and 2028.
The combined gross rental income is approximately $11,500 per month, offering a solid return on investment. The commercial space totals roughly 2,300 square feet and features 13’ ceilings on the ground level, two ADA bathrooms, 9’ ceilings on the lower level, skylights, and central heating and cooling—ideal for medical, office, or studio use.
Operating expenses are minimal, with water and sewer charges around $1,600/year, property insurance approximately $5,000/year, and property taxes at $22,975/year. The private parking area is currently used by commercial tenants. This is a new construction building, so no lead paint testing is required.
Located near Juniper Valley Park, 69th Street, the M train, LIE, and both LaGuardia and JFK airports, this is an excellent turn-key investment in a prime Middle Village location.
- Cable Connected
- Electricity Available
- Natural Gas Connected
Investor opportunity in the heart of Middle Village !

- 1
- Multi unit property with brick siding
- Clothes washing area featuring stacked washer and clothes dryer, light wood-type flooring, baseboards, and a wall unit AC
- Kitchen featuring stainless steel appliances, gray cabinets, a sink, and light wood finished floors
- Kitchen with appliances with stainless steel finishes, gray cabinetry, estacked washer and dryer, and a baseboard radiator
- Clothes washing area featuring stacked washing machine and dryer and light wood-style flooring
- Clothes washing area featuring stacked washer and clothes dryer, wood finished floors, and baseboards
- Kitchen featuring stainless steel appliances, gray cabinets, a baseboard radiator, stacked washer / dryer, and vaulted ceiling
- Kitchen with stainless steel appliances, baseboard heating, gray cabinets, estacked washer and dryer, and light countertops
- Kitchen with appliances with stainless steel finishes, a baseboard radiator, gray cabinets, stacked washer / dryer, and wood finished floors
- Spare room with baseboard heating, a wall mounted air conditioner, wood finished floors, and baseboards
- View of balcony
- View of balcony
- Empty room featuring a baseboard radiator, a wall mounted AC, dark wood-style flooring, and baseboards
- Unfurnished living room with light wood-style floors, baseboards, and stairway
- Staircase with wood finished floors and a baseboard heating unit
- Empty room featuring a baseboard heating unit, a wall mounted AC, lofted ceiling, wood finished floors, and baseboards
- Empty room featuring a wall unit AC, hardwood / wood-style floors, vaulted ceiling, baseboard heating, and baseboards
- Empty room with baseboard heating, wood finished floors, vaulted ceiling, and baseboards
- Bathroom featuring tile walls, toilet, bath / shower combo with glass door, and vanity
- Empty room featuring baseboard heating, vaulted ceiling, wood finished floors, baseboards, and a wall mounted air conditioner
- Spare room with lofted ceiling, wood finished floors, and baseboards
- Half bath with tile walls, heating unit, toilet, tile patterned flooring, and a wainscoted wall
- Full bathroom featuring tile walls, vanity, and toilet
- Laundry room featuring stacked washer and clothes dryer, light wood-style floors, and baseboards
- Below grade area featuring a baseboard radiator, wood finished floors, baseboards, and a wall mounted AC
- Finished below grade area with an AC wall unit, light wood-style flooring, a baseboard radiator, and baseboards
- Full bathroom featuring toilet, vanity, tile walls, and enclosed tub / shower combo
- Entryway with a baseboard radiator, wood finished floors, and baseboards
- Kitchen with stainless steel appliances, gray cabinetry, a baseboard radiator, light wood-style floors, and light stone countertops
- Kitchen with stainless steel appliances, gray cabinetry, a sink, light stone counters, and light wood-style floors
- Kitchen featuring gray cabinetry, a sink, a baseboard heating unit, and wood finished floors
- Empty room with a baseboard heating unit, wood finished floors, baseboards, and a wall mounted AC
- Empty room featuring brick wall and wood finished floors
- 35
- Empty room featuring wood finished floors
- 37
- Below grade area with heating unit and healthy amount of natural light
- View of basement
- View of garage
- View of garage
- Entrance to property featuring brick siding
- View of front facade with brick siding
- View of property
- Room layout
- Home floor plan
- Property floor plan
- Property floor plan
- Room layout
- Home floor plan
DescriptionInvestor opportunity in the heart of Middle Village! This fully renovated, mixed-use brick property at 69-23 62nd Drive offers strong cash flow and long-term upside with minimal maintenance. The building features two residential units and two professional office spaces, all separately metered and in excellent condition. One of the residential units is currently vacant and ready for occupancy, while the second-floor 2-bedroom, 2-bathroom duplex is leased through late 2025. The rear commercial spaces are fully occupied by long-term professional tenants with leases extending through 2027 and 2028.
The combined gross rental income is approximately $11,500 per month, offering a solid return on investment. The commercial space totals roughly 2,300 square feet and features 13’ ceilings on the ground level, two ADA bathrooms, 9’ ceilings on the lower level, skylights, and central heating and cooling—ideal for medical, office, or studio use.
Operating expenses are minimal, with water and sewer charges around $1,600/year, property insurance approximately $5,000/year, and property taxes at $22,975/year. The private parking area is currently used by commercial tenants. This is a new construction building, so no lead paint testing is required.
Located near Juniper Valley Park, 69th Street, the M train, LIE, and both LaGuardia and JFK airports, this is an excellent turn-key investment in a prime Middle Village location.Amenities- Cable Connected
- Electricity Available
- Natural Gas Connected
Investor opportunity in the heart of Middle Village! This fully renovated, mixed-use brick property at 69-23 62nd Drive offers strong cash flow and long-term upside with minimal maintenance. The building features two residential units and two professional office spaces, all separately metered and in excellent condition. One of the residential units is currently vacant and ready for occupancy, while the second-floor 2-bedroom, 2-bathroom duplex is leased through late 2025. The rear commercial spaces are fully occupied by long-term professional tenants with leases extending through 2027 and 2028.
The combined gross rental income is approximately $11,500 per month, offering a solid return on investment. The commercial space totals roughly 2,300 square feet and features 13’ ceilings on the ground level, two ADA bathrooms, 9’ ceilings on the lower level, skylights, and central heating and cooling—ideal for medical, office, or studio use.
Operating expenses are minimal, with water and sewer charges around $1,600/year, property insurance approximately $5,000/year, and property taxes at $22,975/year. The private parking area is currently used by commercial tenants. This is a new construction building, so no lead paint testing is required.
Located near Juniper Valley Park, 69th Street, the M train, LIE, and both LaGuardia and JFK airports, this is an excellent turn-key investment in a prime Middle Village location.
- Cable Connected
- Electricity Available
- Natural Gas Connected

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.