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7524 Metropolitan Ave

1,200 SF 100% Leased Retail Building Middle Village, NY 11379 $1,350,000 ($1,125/SF)

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Investment Highlights

Heavy prime traffic area. Mixed use buiding
1- Residential apt

Mixed use plus basement

Executive Summary

Mixed use property on Metropolitan Ave. in Middle Village. One 2500 ft.² storefront rent $3,786 per month, will increase to $ 3,937 on 4/1/25. Tenant pays own utilities and 50% of water. 1- three bedroom apartment pays $1,850 per month, no lease, tenant pays all utilities. Close to M train station and numerous buses, grocery, restaurants, laundromats, and close to all major highways

Financial Summary (Actual - 2025)	Annual	Annual Per SF
Gross Rental Income	$69,444	$57.87
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$69,444	$57.87
Taxes	$9,195	$7.66
Operating Expenses	-	-
Total Expenses	$9,195	$7.66
Net Operating Income	-	-

Financial Summary (Actual - 2025)

Gross Rental Income
Annual	$69,444
Annual Per SF	$57.87

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$69,444
Annual Per SF	$57.87

Taxes
Annual	$9,195
Annual Per SF	$7.66

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$9,195
Annual Per SF	$7.66

Net Operating Income
Annual	-
Annual Per SF	-

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

1,200 SF

Building Class

Year Built

1910

Price

$1,350,000

Price Per SF

$1,125

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.69

Lot Size

0.04 AC

Zoning

R4-1 - Mixed use property

Frontage

20 FT on Metropolitan Avenue

1 of 1

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Walk Score®

Walker's Paradise (90)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	03773-0018	Total Assessment	$45,607 (2024)
Land Assessment	$11,349 (2024)	Annual Taxes	$9,195 ($7.66/SF)
Improvements Assessment	$34,258 (2024)	Tax Year	2025