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61-51 84th Street, Middle Village, NY, 11379
Three-Story Two-Family Home

61-51 84th Street Middle Village, NY 11379

For Sale
$1,580,000

MULTI_FAMILY - Middle Village, NY

Property Size2,541 SF
Lot Size0.05 Acres
Price / SF$621.80
Days on Market34

Property Features for 61-51 84th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R4-1
Bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bathroom 1
Parking features
Garage
Interior features
A/C Unit - Wall, Refrigerator, Stove
Standard status
Active
Size
2,541 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
11360

Building Details

Year built
1950
Floors in Building
3
Flooring type
Hardwood, Carpet, Tile, Laminate
Building materials
Brick
Roof type
Flat
Listing Agency: Ashford Homes LLC
Listed By: ShuYu (Linda) Zeng
Added: Jun 22 Changed: Jul 12 Last Checked: Jul 25 at 2:06PM
MLS# 502482

Copyright © 2026 Brooklyn New York Multiple Listing Service. 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.

This three-story, two-family home offers flexible living arrangements with multiple full kitchen and living configurations. The main unit includes a spacious level with an extra room, a full bathroom, and a wet bar. The second floor features three bedrooms, a full bathroom, a living room, and an eat-in kitchen. The third floor mirrors the second floor layout with three bedrooms, a full bathroom, a living room, and an eat-in kitchen. A private driveway provides on-site parking convenience.

Located at 61-51 84th Street in Middle Village, Queens, the property is positioned near shopping, dining, and everyday conveniences referenced in the surrounding area. Public transportation options noted include the M and R subway lines, along with multiple bus routes. Major road access cited in the remarks includes the Long Island Expressway, Grand Central Parkway, and Brooklyn-Queens Expressway.

Zoned R4-1, the home can appeal to owner-occupants seeking multi-generational or home-office flexibility alongside a second unit, as well as buyers evaluating a two-family setup. With dedicated room counts on both upper levels and a defined main-unit configuration, the layout supports comfortable day-to-day living while maintaining separation between spaces.

Key Highlights

  • Three‑story, two‑family home with a private driveway in Middle Village, NY (11379)
  • Main unit includes a spacious level with an extra room and a full bathroom, plus a wet bar
  • Second floor has three bedrooms, a full bathroom, a living room, and an eat‑in kitchen

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 $117.4k $46.20
− Vacancy −$4.5k −$1.76
EGI $112.9k $44.44
− OpEx −$50.8k −$20.00
NOI $62.1k $24.44
2,541 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$887.3K
$776.4K – $1.04M (±1% cap)
NOI $62,113 @ 7.0% cap · market cap 3.93%
Second Best
Multifamily LT 5
$600.8K
$525.7K – $701.0K (±1% cap)
NOI $42,058 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$1.87M
$1.64M – $2.19M (±1% cap)
NOI $131,128 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Hair Salon Spa & Massage Center Gym & Fitness Center Real Estate Agency Skin Care Clinic Acupuncture Nail Salon Parking Lot & Garage (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Three-story two-family residence with a private driveway and multiple kitchens and living spaces across two levels.
Where is this duplex located?
The property is located at 61-51 84th Street Middle Village, NY.
What is the asking price?
The asking price for this property is $1,580,000.
What are key features of this property?
This property features: Three‑story, two‑family home with a private driveway in Middle Village, NY (11379); Main unit includes a spacious level with an extra room and a full bathroom, plus a wet bar; Second floor has three bedrooms, a full bathroom, a living room, and an eat‑in kitchen
More about this property
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