Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated Two-Family Home, Rego Park Title is generated by Realmo AI

    6207 Alderton Street, Rego Park, NY 11374

    View on Map
    Claim this Listing
    For Sale
    $1,360,000

    MULTI_FAMILY - Tudor - Rego Park, NY

    Lot size:
    0.07 Acres
    Added:
    Apr 17, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 2 at 3:06 am

    Property Features for 6207 Alderton Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 3, Basement, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2
    Parking
    2
    Interior features
    First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer, Open Kitchen
    Exterior features
    Balcony, Garden
    Basement
    Finished, Walk-Out Access
    Standard status
    Active
    APN
    03102-0089
    Lot size
    0.07 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    12048

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Baseboard
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1945
    Number of units
    2
    Flooring type
    Hardwood, Tile
    Building materials
    Brick
    Architectural style
    Tudor

    We can help!

    Listing Contact
    Wenrou Chen

    Listing agent Wenrou Chen

    Listing office Royalux Realty LLC 131-12 40th Road Floor 2, Flushing, NY

    Listing date Apr 17, 2026

    MLS# 988194 Listing URL

    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.

    Overview

    This renovated legal two-family home, updated in 2021, is move-in ready. The first and second floors each offer 2 bedrooms and 1 full bath. The finished basement includes a full bathroom and separate front and rear entrances, providing flexible additional space. Situated on an oversized 0.0673-acre lot (20 x 146.63 lot), the property features a deep backyard, a private garage, and 2 additional parking spaces. Equipped with 3 electric meters, 2 gas meters, 2 hot water heaters, and 2 boilers. Located on a quiet street with newly installed windows for sound insulation. It is approximately a 10-minute walk to the M/R subway lines and Queens Center Mall, with a short drive to Costco and Trader Joe's. The property is close to shops, supermarkets, and dining.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Rego Park
    County
    Queens
    State
    New York
    Longitude
    -73.868927
    Latitude
    40.727866

    Nearby Similar for Sale

    • $450,000
      1,000 SF

      Rego Park Office Investment Opportunity

      1,000 SF office space in prime Rego Park location.
      92-29 Queens Boulevard, Rego Park, NY 11374
      View Details
    • $1,180,000
      1,360 SF

      Two-Family Home in Rego Park

      Two-family home with garage near amenities in Rego Park.
      8561 67th Avenue, Rego Park, NY 11374
      View Details
    • $1,629,000
      1,300 SF

      Spacious Two-Family Home, Rego Park

      Oversized 6-bedroom, 3-bath home on a 43x100 lot.
      65-31 Fitchett Street, Rego Park, NY 11374
      View Details
    • $759,000

      Medical Office in Forest Hills

      Impeccably maintained medical office in prime Forest Hills location.
      99-45 67th Road, Rego Park, NY 11374
      View Details
    • $250,000

      Commercial Units on Queens Boulevard

      Unique commercial units in prewar building with high visibility.
      98-120 Queens Boulevard, Rego Park, NY 11374
      View Details
    • $399,000

      Rego Park Commercial Office Unit

      Commercial office unit for sale in prime Rego Park location.
      92-29 Queens Boulevard, Rego Park, NY 11374
      View Details
    • $1,050,000

      Rego Park Two-Family Home

      Two-family home in the historic Rego Park Crescents area.
      6204 Ellwell Crescent, Rego Park, NY 11374
      View Details
    • $3,000,000

      Established Tire Shop in Rego

      Profitable tire shop in a prime Rego Park location.
      8924 Metropolitan Avenue, Rego Park, NY 11374
      View Details
    • $1,468,000

      Rego Park Two-Family Home

      Semi-detached corner two-family home in prime Rego Park location.
      85-45 67th Road, Rego Park, NY 11374
      View Details
    • $1,300,000
      1,200 SF

      Established Dental Business Condo For Sale

      Dental business condo in Rego Park, NY, with equipment.
      59-04 Junction Boulevard, Rego Park, NY 11374
      View Details
    • $1,499,999

      Two-Family Home in Rego Park

      Two-family brick home in the heart of Rego Park.
      66-11 Burns Street, Rego Park, NY 11374
      View Details
    • $1,469,000

      Rego Park Two-Family Residence

      Well-maintained two-family home in desirable Rego Park location.
      65-19 Dieterle Crescent, Rego Park, NY 11374
      View Details

    FAQs

    What type of property is this?
    Duplex - Renovated, move-in ready two-family home in Rego Park.
    Where is this duplex located?
    The property is located at 6207 Alderton Street Rego Park, NY.
    What is the asking price?
    The asking price for this property is $1,360,000.
    (347) 536-0888
    We can help!
    Listing Contact
    Wenrou Chen
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6207 Alderton Street, Rego Park, NY 11374
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!