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$2,075,000
25 Days On Site

69-23 62 Drive
Middle Village, NY 11379

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
3,863
SqFt
$537
/SqFt
1930
Built
County:
Queens
Listing courtesy of Crifasi Real Estate Inc saljoseph@crifasi.com
Call Now: (516) 697-8663
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(516) 697-8663
69-23 62 Drive69-23 62 Drive69-23 62 Drive69-23 62 Drive
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Monthly Payment (Est.)

$9,467
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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.

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Listing Snapshot
Price 
$2,075,000
Days On Site 
25 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,863 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2,084 Acres
Year Built 
1930
MLS® Number 
859068
Status 
Active
Property Tax 
$22,975
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoPrice changed to $2,075,000
2 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Cross Street 
69th Street
Number Of Stories 
3
Parking Spaces 
2
Property Sub Type 
Mixed Use
SqFt Total 
3863
Utilities 
Natural Gas AvailableCable ConnectedNatural Gas Connected
Water Source 
Public
Interior Features
Basement 
Finished
Cooling 
Central AirDuctlessWall/Window Unit(s)
Heating 
ElectricForced AirHot Water
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Exterior Features
Construction Details 
Brick
Listing courtesy of Crifasi Real Estate Inc saljoseph@crifasi.com


Based on information submitted to the MLS GRID as of 2025-06-02 04:26 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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