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  • 69-23 62nd Drive
  • $ 2,075,000
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379

69-23 62nd Drive

Middle Village   |   70th Street & 71st Street

Building For Sale
$ 2,075,000
Ownership Mixed Use
Floors/Apts 3/2
Status Active
Real Estate Taxes [Per Annum] $ 22,946
Building Type Low-Rise
Year Built 1930
ASF/ASM 3,863/359
Listing ID: 100903TH

Photos

69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379

David Calderazzo

License

Broker/Owner


W: 212-828-0492
69-23 62nd Drive Middle Village Queens NY 11379

Property 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 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.





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 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.






Listing Courtesy of Crifasi Realty Associates Inc

David Calderazzo

License

Broker/Owner


W: 212-828-0492

Care to take a look at this property?

Apartment Features

A/C
69-23 62nd Drive Middle Village Queens NY 11379
69-23 62nd Drive Middle Village Queens NY 11379

Building Details [69-23 62nd Drive]

Ownership Mixed Use
Service Level Voice Intercom
Access Walk-up
Block/Lot 2952/32
Zoning R4
Building Type Low-Rise
Year Built 1930
Floors/Apts 3/2

Mortgage Calculator in [US Dollars]

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Loan Amount

David Calderazzo

License

Broker/Owner


W: 212-828-0492
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
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245 East 87th Street New York, NY 10128
T:   212-828-0492   |   Email:   david@dfnyre.com
T01.50.0.0 | Core: 50.0.0