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74th Street
Middle Village, Queens, NY
$1,398,000 Price
6 Bedrooms  
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Photo 1 of 74th Street, Middle Village, Queens, NY, $1,398,000, Web #: 836469Previous PhotoNext Photo1 of 26

This excellent four-family property in the heart of Middle Village generates a projected total gross income of $101,400 with a 6.03% cap rate starting July 1, 2025—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...

This excellent four-family property in the heart of Middle Village generates a projected total gross income of $101,400 with a 6.03% cap rate starting July 1, 2025—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.

Listing courtesy of Ny Superior Realty

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Middle Village, Queens, NY
Type:
Price: $1,398,000
Web ID: 836469

Info & Amenities

Bedrooms: 6
Bathrooms: 5.0
Built: 1901

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all descriptive information should be confirmed by customer. All rights to content, photographs and graphics are reserved to Brown Harris Stevens. Customer should consult with its counsel regarding all closing and tax costs. Broker represents the seller/owner on Broker's own exclusives, except if another agent of Broker represents the buyer/tenant, in which case Broker will be a dual agent, in Connecticut, or , in New York State and New Jersey, a dual agent with designated or disclosed agents representing seller/owner and buyer/tenant. Broker represents the buyer/tenant when showing the exclusives of other real estate firms. In Florida, Broker acts as a Transaction Broker with all sellers and buyers, unless a different form of agency has been established in writing. If you are looking to purchase or rent housing, are using a screen reader, and are having problems using this website, please call 1-212-712-1163 for assistance. All phone charges will be reimbursed by Brown Harris Stevens. Broker actively supports Fair Housing and Equal Housing Opportunities. BHS has adopted the attached policy statement - Prior to showing a homebuyer a property or providing services: (1) BHS does not require identification from a prospective homebuyer, (2) BHS may require a written agreement from a homebuyer before showing properties; and (3) BHS does not require a pre-approval for a mortgage loan in order to show a homebuyer properties. However, based upon the requirements of the seller, the building in which the properties is located, or others, some or all of the foregoing items may be required. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2025 The Real Estate Board of New York, Inc., all rights reserved. RLS Data display by Brown Harris Stevens. Powered by Terra Holdings.