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Status: Active

69-23 62nd Drive, #

Middle Village

$2,075,000
 |  3 Beds  |  4 Baths  |  3,863SF

Description

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 coolingideal 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 ...
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Property Details

  • Commercial

Amenities

  • Attendance: None
  • Laundry: Building None, None
  • Pets: Building Yes, Yes

The Neighborhood

Middle
Village
Middle Village

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For information on 69-23 62nd Drive, # contact:

realtor top real estate agent

Balazs Bagameri

Licensed Associate Broker

Licensed Associate Broker
balazs@resoft.ai

Listing courtesy of Crifasi Realty Associates Inc

Balazs Bagameri

Licensed Associate Broker
balazs@resoft.ai

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