66-34 74th Street, Middle Village, NY, 11379
$1,398,000
Misc
For Sale
6 Beds
, 5 Full Bath
Details
ML#: 836469
- # of Families: 4
- Year Built: 1901
- Taxes: $8,033
- Status:Active
Description
This excellent four-family property in the heart of Middle Village generates a total gross income of $101, 400 with a 6.03% cap rate—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.
More Property Details
Bedroom: 6
Full Bath: 5
Lot Sq Ft: 2000
Heat: Natural Gas
A/C: None
Water: Public
Sewer: Public Sewer
Taxes: $8,033
School District: Ps 128 Lorraine Tuzzo-Juniper Valley
Block: 3058
Lot: 42
Listing Information provided courtesy of
NY Superior Realty
718-205-7770