6728 78th St - Apartments FOR SALE


Middle Village, NY 11379
$3,800,000 USD
212-867-3333
6728 78th St, Middle Village, NY for Sale
$3,800,000 USD
Apartments - FOR SALE
1/10
null | 5.88% Cap Rate

6728 78th St
Middle Village, NY 11379


HIGHLIGHTS

  • 12-unit, 3-story multi-family building featuring spacious 2-bedroom units.
  • Strong rent roll stability with long-term tenants and low vacancy.
  • Individual unit metering and additional parking income with 9 parking spaces.
  • Prime Middle Village location on a quiet, low- density block steps from the Metropolitan Avenue retail corridor.
  • Excellent transit access via the M train and express buses, offering direct connectivity to Manhattan.
  • Updated interiors with modern kitchens, stainless steel appliances, dishwashers, renovated baths, and ample natural light.

OVERVIEW

AUCTION SALE - Bidding Open Through Wednesday, December 17. Please note that the above price reflects the Reserve Price for the property, which is being marketed for sale by private auction. Submit bid anytime now through December 17. Seller reserves the right to accept or reject/any/all bids. Please visit prusa.com for additional terms. Located in the highly desirable neighborhood of Middle Village, Queens, this well- maintained 12-unit multifamily building offers stable in-place income. Built in 1930, this 3-story walk-up combines the timeless charm of pre-war architecture with modernized interiors, creating a durable, income-producing asset in one of Queens’ most established residential neighborhoods. Each-2-bedroom rent stabilized unit features spacious layouts, updated kitchens and baths, dishwashers, and ample storage, catering to strong tenant demand for quality housing in this submarket. The property benefits from its quiet, tree-lined setting while remaining just steps from the Metropolitan Avenue retail corridor, Juniper Valley Park, and key transit options including the M train at Middle Village–Metropolitan Avenue and multiple express bus lines. This balance of neighborhood tranquility and accessibility has made Middle Village a preferred destination for long-term renters seeking a blend of suburban character and urban convenience. With consistent occupancy, proven rent stability and additional parking income, this represents an ideal acquisition for both private investors and portfolio owners seeking a dependable, low-risk multifamily asset in a premier Queens location.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$422 USD /SF

# OF UNITS

12

PRICE/UNIT

$316,667

CAP RATE

5.88%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

12-Unit Multi-Family Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,987 SF

ZONING

R4-1

APN/PARCEL ID

03774-0027

ASK ABOUT THIS PROPERTY

Misha HaghaniParamount Realty USAMore Info
212-867-3333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Misha HaghaniParamount Realty USAMore Info
212-867-3333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.