1. New York
2. Middle Village
3. 66-34 74th Street

66-34 74th Street, Middle Village, NY 11379

• 6 beds |
• 5 baths |
• 3,048 sqft

Property Description

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 Status:

Active

Listing Office:

NY Superior Realty : 718-205-7770

MLS ID:

836469

Interior

• General: First Floor BedroomFirst Floor Full Bath
• Basement: FinishedFullSee Remarks
• A/C: None

Exterior

Location

Lot

Utilities

Financial

This listing courtesy of NY Superior Realty