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for saleRealtyLens property overview
$875,000
63-22 71st St
Middle Village, NY, 11379
View more Middle Village, NY property pagesStudioBeds
2Baths
1,672Sqft
$523$/sqft
Listing Notes
PLEASE NOTE: THIS LISTING IS PART OF A 3-PROPERTY PORTFOLIO AND WILL NOT BE SOLD SEPARATELY. ALL 3 PROPERTIES MUST BE PURCHASED TOGETHER. The other properties in the portfolio are 64-49 Shaler Avenue, Ridgewood, NY 11385 and 74-12 66th Drive, Middle Village, NY 11379. This portfolio is offered at $2, 700, 000. Exceptional opportunity to acquire a well-maintained portfolio of three 2-family properties in highly desirable Queens, NY neighborhoods. This investment package includes one property in Ridgewood and two properties in Middle Village, areas experiencing rising demand and popularity. Several units throughout the portfolio feature renovated kitchens and bathrooms, enhancing both tenant appeal and long-term value. All three properties have been consistently maintained and offer upside income potential. Ideal for investors seeking income-producing assets, portfolio diversification, and potential long-term appreciation in thriving Queens communities. Please contact the listing agent for additional details.
Market Insights
Below nearby median-27%
$523/sqft vs a nearby median of $712/sqft.
Nearby median$712/sqft
Nearby properties12
Property size1,672 sqft
- -27% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,672 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.18M$1.07M – $1.28M · 51% confidence
vs ask $875k−$303k (−34.6%)
Asking price is about 34.6% below the fair value — likely to draw competing offers if it's still on market.
$712/sqft median across 8 tight comps × 1,672 sqft= $1.19M
- Sparse street life−$18k −1.5%
- Transit access+$6k +0.5%
Cumulative NYC adjustments−$12k−1.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 0 days
- Last price change
- No change recorded
- Listed
- May 12, 2026
- Photos
- 2 photos
- Property type
- multi family
- Status
- for sale
Features & Amenities
Two Or More StoriesUpdated KitchenRental Property
Price History
May 12, 2026Initial record
$875,000for sale