For Sale Property MLS# 1035307

75-11 75-13 METROPOLITAN Avenue

Middle Village, NY 11378

$3,150,000

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About 75-11 75-13 METROPOLITAN Avenue

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.

Property details

Property

Type
other
Year built
1931
Living area
5,892 sqft
Price / sqft
$535
Lot
0.24 ac
List date
Aug 5, 2026

Schools

District
New York City Department Of Education

Location

Subdivision
Maspeth
Neighborhood
Maspeth

Location

Neighborhood
Maspeth
School district
New York City Department Of Education

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Listed by All Island Estates Realty Corp

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.