Jeffrey Farnell - Smitchger Realty Logo
Price Reduced Listing
$3,150,000
( $534.62Per Sq Foot )
 $16,910 est/mo Sourced by Back At You

75-11 75-13 Metropolitan Avenue,Middle Village, NY 11378

Middle Village, NY 11378

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Description

Calling All Investors, Developers, & End-Users!!! 3 Unit Mixed-Use Building On A Huge 10,500 Sqft. Lot In Middle Village For Sale!!! The Property Features Excellent Signage, Great Exposure, R5/C1-3 Zoning, Huge Rear Yard, High 9' Ceilings, Sprinklers, 15 Parking Spaces, Security Camera System, Separate Meters, 3 Phase Power, All New LED Lighting, CAC, +++!!! The Property Is Located In the Heart Of Middle Village Minutes From The Metro Mall!!! The Property Has 55' Of Frontage On Busy Metropolitan Avenue!!! Neighbors Include TD Bank, Webster Bank, Amazon, BJ's Wholesale Club, Petco, Raymour & Flanigan, Ashley Furniture, Bob's Discount Furniture, 7-Eleven, Dunkin', Dollar Tree, Michaels, Panera Bread, Salvation Army, Dick's Sporting Goods, Regal Cinemas, Wendy's, Arby's, +++!!! The Laundromat Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site or The Next Home For Your Business!!! Income:Laundromat: $84,000 Ann.; 3% Ann. Inc.; Lease Exp.: 8/1/36. (1) 10 Year Option.Pharmacy: $48,000 Ann.; 4% Ann. Inc.; Lease Exp.: 8/1/28. (1) 5 Year Option. Recording Studio: $37,800 Ann.; 3% Ann. Inc.; Lease Exp.: 9/1/28. Tax Rebate: $2,250 Ann. Gross Income: $172,050 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Water & Sewer: $0 Ann. Insurance: $4,382 Ann. Taxes: $45,096 Ann. Total Expense: $49,478 Ann. Net Operating Income (NOI): $122,572 Ann.

Details

MLS #1035307
Listing TypeFor Sale
StyleOther
Sub-TypeResale
StatusActive
Year1931
Days On Site22
Listing Provided ByAll Island Estates Realty Corp | Richard Matt Shane

Features

SQ Feet5,892
Story(s)2
Units3
Building(s)1
Acreage0.24

Interior

CoolingCentral Air
HeatingHeat Recovery System, Natural Gas

Exterior

Construction MaterialsBlock, Frame

Utilities

UtilitiesElectricity Available
ElectricThree Phase
SewerPublic Sewer

Taxes

Tax Year2026
Tax Annual Amount45096
Tax Lot23

Area Information

StateNY
CountyQueens
CityMiddle Village
Zip Code11378
Listing VS Median (in 11378)
Price:
$3,150,000
low | high
Med:
$899,000
100% of Average
sqft:
5,892
low | high
Med:
1,515
100% of Average
$ / sqft:
$535
low | high
Med:
$595
38.700102473686% of Average
On site:
22
low | high
Med:
58
37.931034482759% of Average
Sourced by Back At You

Market Activity 11378

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Learn More About This Property

Jeffrey Farnell

Jeffrey Farnell

John J Lease REALTORS

GRI (914) 850-1257jeffreygfarnell@yahoo.com
StateNY
CountyQueens
CityMiddle Village
Zip Code11378
Listing VS Median (in 11378)
Price:
$3,150,000
low | high
Med:
$899,000
100% of Average
sqft:
5,892
low | high
Med:
1,515
100% of Average
$ / sqft:
$535
low | high
Med:
$595
38.700102473686% of Average
On site:
22
low | high
Med:
58
37.931034482759% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.362M - $3.937M
sqft: 4,000 - 7,000
Nearby Listings Property ImageNearby Listings Details
7804 67th Drive Property Photo 1
$1,998
7804 67th Drive
Middle Village, NY 11379
Listing Updated: August 25, 2026 at 12:29:56 PM PDT

Jeffrey Farnell - Smitchger Realty