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7962 68th Ave 6 Unit Apartment Building $2,376,710 CAD ($396,118 CAD/Unit) Middle Village, NY 11379
Executive Summary
First Time on the Market-Great Opportunity to Purchase this Three Story Mixed Use Building in the Heart of Middle Village. Six Fully Leased One and Two Bedroom Apartments. Lower Level for Professional Use. 6 Parking Spaces. Close to Transportation, Shopping, and School.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$217,299
|
$59.27
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$217,299
|
$59.27
|
| Taxes |
$51,609
|
$14.08
|
| Operating Expenses |
$30,214
|
$8.24
|
| Total Expenses |
$81,823
|
$22.32
|
| Net Operating Income |
$135,477
|
$36.95
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $217,299 |
| Annual Per SF | $59.27 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $217,299 |
| Annual Per SF | $59.27 |
| Taxes (CAD) | |
|---|---|
| Annual | $51,609 |
| Annual Per SF | $14.08 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $30,214 |
| Annual Per SF | $8.24 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $81,823 |
| Annual Per SF | $22.32 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $135,477 |
| Annual Per SF | $36.95 |
Property Facts
| Price | $2,376,710 CAD | Building Class | C |
| Price Per Unit | $396,118 CAD | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 3,666 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1973 |
| Apartment Style | Low-Rise | Parking Ratio | 1.9/1,000 SF |
| Zoning | R4 | ||
| Price | $2,376,710 CAD |
| Price Per Unit | $396,118 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 3,666 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1973 |
| Parking Ratio | 1.9/1,000 SF |
| Zoning | R4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+1 | 3 | - | - |
1 1
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (70)
Property Taxes
| Parcel Number | 03783-0038 | Total Assessment | $449,780 CAD (2025) |
| Land Assessment | $8,830 CAD (2025) | Annual Taxes | $51,609 CAD ($14.08 CAD/SF) |
| Improvements Assessment | $440,950 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
03783-0038
Land Assessment
$8,830 CAD (2025)
Improvements Assessment
$440,950 CAD (2025)
Total Assessment
$449,780 CAD (2025)
Annual Taxes
$51,609 CAD ($14.08 CAD/SF)
Tax Year
2024
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