24560 61st Avenue Little Neck, NY 11362
MULTI_FAMILY - Little Neck, NY
Property Features for 24560 61st Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 5
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1, Basement, Bathroom 4, Bedroom 1, Bathroom 5, Bedroom 2, Bathroom 3
- Parking
- 5
- Parking features
- Driveway
- Interior features
- Eat-in Kitchen, Recessed Lighting
- Basement
- Walk-Out Access, Finished, Storage Space, Full
- Standard status
- Active
- APN
- 08305-0040
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 17673
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Ductless
- Water source
- Public
Building Details
- Year built
- 1950
- Number of units
- 2
- Flooring type
- Hardwood, Tile
- Building materials
- Brick
Listing agent Andrew Wu AHWD MRP (516) 707-7299
Listing office EXP Realty 70 E Sunrise Hwy Ste 500, Hauppauge, NY (888) 276-0630
Listing date Jul 15, 2026
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Additional features include a dramatic double-height foyer with an oversized arched window, a crystal chandelier, and a sweeping staircase. The property also provides a long private driveway, a detached garage, private outdoor space, and a landscaped, gated entrance. Multiple ductless heating and cooling units support year-round comfort.
Located in Little Neck in Queens, the home is described as conveniently near shopping, dining, parks, schools, transportation, and major roadways.
Key Highlights
- Detached brick home remodeled in 2017 with about 2,409 SF interior living space (excluding full finished basement)
- Double‑height foyer with oversized arched window, crystal chandelier, and sweeping staircase
- Flexible multi‑level layout with 5 full bathrooms and multiple bedrooms
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.3k | $46.20 |
| − Vacancy | −$4.2k | −$1.76 |
| EGI | $107.1k | $44.44 |
| − OpEx | −$48.2k | −$20.00 |
| NOI | $58.9k | $24.44 |
