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69 23 62 Drive

Middle Village, NY 11379

3 beds
7 baths
2,500 sqft
2,084 sqft lot
$830 per sqft
1930 build
– on site

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 cooling ideal 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 ONEKEY / Crifasi Real Estate Inc

Last checked: Checking… • Last updated May 19, 2025 •

MLS# 861768 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1930
Basement:

true
Architectural Style:

Modern
Construction Materials:

Brick
Year Built Effective:

2005
Building Area Units:

Square Feet
Building Area Total:

3863
Attic:

None

Interior

Living Area:

2500
Total Rooms:

10
Interior Features:

First Floor Bedroom, First Floor Full Bath, Open Floorplan
Fireplace:

false
Flooring:

Hardwood
# of Kitchens:

2

Financial & Terms

Lease Considered:

false

The Property

Parcel Number:

02952-0032
Property Type:

Residential
Property Subtype:

Townhouse
Lot Size SqFt:

2,084 Sqft
Property Attached:

false
Lot Size Dimensions:

irregular
Waterfront:

false
Water Access:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Source:

Other
Tax Annual Amount:

22975
Tax Lot:

0032

Beds

Total Bedrooms:

3

Baths

Full Baths:

4
Half Baths:

3
Total Baths:

7

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Ducts, Electric, Forced Air, Hot Water
Cooling:

Central Air, Ductless
# of Heating Zones:

4

Utilities

Utilities:

Cable Connected, Natural Gas Connected
Water Source:

Public
Electric Company:

Con Edison

Appliances

Appliances:

Stainless Steel Appliance(s)

Schools

High School:

Grover Cleveland High School
Elementary School:

Ps 128 Lorraine Tuzzo Juniper Valley
High School District:

Queens24
Middle School:

Is 73 Frank Sansivieri Inter School

The Community

Association:

false
Senior Community:

false
Additional Fees:

No
Pool Private:

false
Spa:

false

Parking

Parking Total:

2
Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$2,075,000

Expense	Monthly cost
Mortgage	$11,110
Taxes	$1,914
Insurance	$570
Utilities	$320 See report
Total	$13,914/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

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Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
5/19/25 May 19, 2025	Price Changed	ONEKEY	$2,075,000	-4.6%
5/14/25 May 14, 2025	Listed / Active	ONEKEY	$2,175,000	143.0% (52.6% / YR)
8/26/22 Aug 26, 2022		ONEKEY	$895,000

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This townhouse located in Northwestern Queens, New York, NY 11379 is currently for sale for $2,075,000. 69 23 62 Drive is a 2,500 square foot townhouse with 3 beds and 7 baths that has been on Estately for 54 days. 69 23 62 Drive is in the Northwestern Queens neighborhood of New York and has a WalkScore® of 85, making it very walkable.

Listing Courtesy of: ONEKEY and Crifasi Real Estate Inc.

IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.