Property
Ownership: | For Sale |
---|---|
Type: | Single Family |
Rooms: | 10 |
Bedrooms: | 3 BR |
Bathrooms: | 5.5 |
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
- First Floor Bedroom
- First Floor Full Bath
- High ceiling
- Natural Gas Connected
- Open Floorplan
- Stainless Steel Appliance(s)
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
- First Floor Bedroom
- First Floor Full Bath
- High ceiling
- Natural Gas Connected
- Open Floorplan
- Stainless Steel Appliance(s)
Investor opportunity in the heart of Middle Village !

- View of front of home featuring brick siding
- View of property
- Kitchen featuring appliances with stainless steel finishes, gray cabinets, a sink, and light wood finished floors
- Clothes washing area featuring estacked washer and dryer, light wood-style floors, baseboards, and a wall unit AC
- Washroom with stacked washer and clothes dryer and light wood-type flooring
- Washroom with stacked washer and clothes dryer and light wood-type flooring
- Laundry area featuring stacked washing machine and dryer, wood finished floors, and baseboards
- Kitchen with appliances with stainless steel finishes, baseboard heating, gray cabinets, stacked washer and clothes dryer, and light countertops
- Kitchen with stainless steel appliances, baseboard heating, gray cabinetry, stacked washer / drying machine, and wood finished floors
- View of balcony
- Unfurnished room with a baseboard radiator, a wall mounted AC, wood finished floors, and baseboards
- Unfurnished living room featuring light wood-style flooring, baseboards, and stairs
- Unfurnished living room featuring light wood-style flooring, baseboards, and stairs
- Stairway with wood finished floors and a baseboard radiator
- Full bath with tile walls, toilet, combined bath / shower with glass door, and vanity
- Spare room with a baseboard heating unit, lofted ceiling, wood finished floors, baseboards, and an AC wall unit
- Empty room featuring a baseboard heating unit, a wall mounted air conditioner, vaulted ceiling, hardwood / wood-style flooring, and baseboards
- Half bathroom featuring tile walls, heating unit, toilet, tile patterned flooring, and wainscoting
- Full bathroom with tile walls, vanity, and toilet
- Entrance to property featuring brick siding
- Below grade area with a baseboard radiator, wood finished floors, baseboards, and a wall unit AC
- Finished below grade area featuring a wall mounted air conditioner, light wood-type flooring, baseboard heating, and baseboards
- Bathroom featuring toilet, vanity, tile walls, and shower / bath combination with glass door
- Kitchen featuring appliances with stainless steel finishes, gray cabinets, a baseboard heating unit, light wood-style floors, and light stone countert
- Unfurnished room featuring brick wall and wood finished floors
- 26
- 27
- Spare room featuring brick wall, wood finished floors, and a high ceiling
- Basement featuring healthy amount of natural light and heating unit
- Basement with stairs and heating unit
- Home floor plan
- Room layout
- Property floor plan
- Floor plan / room layout
- Property floor plan
- Room layout
- View of property
- View of front of home featuring brick siding
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
- First Floor Bedroom
- First Floor Full Bath
- High ceiling
- Natural Gas Connected
- Open Floorplan
- Stainless Steel Appliance(s)
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
- First Floor Bedroom
- First Floor Full Bath
- High ceiling
- Natural Gas Connected
- Open Floorplan
- Stainless Steel Appliance(s)

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.