78 ST, MIDDLE VILLAGE, NY 11379

32 Photos
 
$2,500,000
Active for Sale
 
Listing ID 11267019
Property Type Multi-Unit
County Queens
Township Queens
Neighborhood Middle Village
Total Tax $23,555
FEMA Flood Map fema.gov/portal
Year Built 1930
Virtual Tour

Prime Mixed-Use Property in Middle Village - A Rare Investment

Welcome to a remarkable investment opportunity in the heart of Middle Village! This meticulously maintained mixed-use property combines newly renovated residential apartments with retail spaces, offering a versatile and lucrative investment opportunity in a thriving neighborhood. Property Features: Newly Renovated Apartments: The residential component of this property boasts a selection of newly renovated apartments, including 1 studio, 1 three-bedroom, 1 one-bedroom, and 3 two-bedroom units. All apartments are free-market, providing flexibility and potential for increased rental income. Prime Location: Situated in Middle Village, this property enjoys proximity to all shops, transportation, and major highways, ensuring convenience for residents and retailers alike. Tenants benefit from easy access to amenities and transportation hubs, enhancing the property's attractiveness and rental potential. Commercial Retail Spaces: The property features two retail spaces, ideal for businesses looking to capitalize on the bustling foot traffic in the area. With excellent visibility and accessibility, these retail spaces present an exciting opportunity for entrepreneurs and businesses seeking prime storefront locations. Durable Construction: Built on a stone foundation, fully sealed and weatherproofed, this property offers durability and longevity. With a 10-year boiler, 10-year water tank, and a new roof, maintenance concerns are minimized, providing peace of mind for investors. Upside Potential: With free-market residential units and commercial retail spaces, this property offers significant upside potential for increased rental income and appreciation. Investors can capitalize on the thriving rental market and vibrant commercial activity in Middle Village. Clean and Well-Maintained: This brick three-story property sits on a 20x95 lot and boasts a building size of 20x80. Clean, well-maintained, and thoughtfully designed, this property is an attractive investment opportunity for discerning investors seeking a reliable income stream and long-term appreciation. Don't miss out on this exceptional investment opportunity in Middle Village! Seize the opportunity to secure your financial future and capitalize on the thriving real estate market in this vibrant neighborhood. Contact us today to schedule a viewing and explore the potential of this prime mixed-use property!
Property Details
  • 9 Total Bedrooms
  • 5 Full Baths
  • 1 Half Bath
  • 3500 SF
  • 1940 SF Lot
  • Built in 1930
  • Renovated 2018
  • 3 Stories
  • Available 4/09/2024
  • Semi-Attached Style
  • Full Basement
  • 869 Lower Level SF
  • Lower Level: Finished
  • 1 Lower Level Bedroom
Unit Information
Unit #1Residential/Multifamily, Gross Area: 450, Rent Price: 1375, Full Baths: 1, Occupied
Unit #2Residential/Multifamily, Gross Area: 700, Rent Price: 2100, Bedrooms: 2, Full Baths: 1, Occupied
Unit #3Residential/Multifamily, Gross Area: 850, Rent Price: 2675, Bedrooms: 3, Full Baths: 1, Occupied
Unit #4Residential/Multifamily, Gross Area: 700, Rent Price: 2200, Bedrooms: 2, Full Baths: 1, Occupied
Unit #5Residential/Multifamily, Gross Area: 550, Rent Price: 1800, Bedrooms: 1, Full Baths: 1, Occupied
Unit #6OFFICE, Gross Area: 350, Rent Price: 1395, Full Baths: 1, Occupied
Unit #7OFFICE, Gross Area: 420, Rent Price: 1950, Half Baths: 1, Occupied
Interior Features
  • Eat-In Kitchen
  • Granite Kitchen Counter
  • Oven/Range
  • Refrigerator
  • Hardwood Flooring
  • Corner Unit
  • 14 Rooms
  • Living Room
  • Walk-in Closet
  • Kitchen
  • Hot Water
  • Natural Gas Fuel
  • Natural Gas Avail
  • 110 Amps
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Rubber Roof
  • Municipal Water
  • Municipal Sewer
  • Street View
  • Near Bus
  • Near Train
Community Details
  • Walk-up (Bldg. Style)
  • Basement Access
Taxes and Fees
  • $23,555 Total Tax
Listed By
ONE STOP MULTISERVICE INC
Office: 718-554-0257
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