Two-Family Home in Rego
8561 67th Avenue Rego Park, NY 11374
For Sale
$1,180,000
MULTI_FAMILY - Rego Park, NY
Property Size1,360 SF
Lot Size0.07 Acres
Price / SF$867.65
Days on Market66
Property Features for 8561 67th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 3, Basement, Bathroom 2, Bathroom 3
Parking features
Garage
Interior features
Ceiling Fan(s)
Basement
Full
Standard status
Active
APN
03144-0017
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9401
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Year built
1932
Number of units
2
Building materials
Brick, Stucco
Listing Agency:
Prospes Real Estate Corp
(718) 321-2800
Listed By:
Huanyan Li
(347) 885-8668
Added: May 26
Changed: Jul 17
Last Checked: Jul 30 at 1:06AM
MLS# 1003067
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.
Located in Rego Park, NY, the semi-attached two-family home at 85-61 67th Avenue offers approximately 1,360 square feet of residential living space on a 3,069 square foot lot. The property includes a basement providing additional usable space and a detached two-car garage for private parking and storage. The property is located near shopping, dining, schools, parks, and public transportation. This property presents opportunities for both end-users and investors.
Key Highlights
- Semi‑attached 2‑family home with approximately 1,360 SF of residential living space
- 2, 2‑family living layout plus basement for additional usable space
- Detached 2‑car garage provides private parking and storage
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 | $62.8k | $46.20 |
| − Vacancy | −$2.4k | −$1.76 |
| EGI | $60.4k | $44.44 |
| − OpEx | −$27.2k | −$20.00 |
| NOI | $33.2k | $24.44 |
1,360 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$474.9K
$415.6K – $554.1K
NOI $33,244 @ 7.0% cap · market cap 2.82%
Second Best
Multifamily LT 5
$321.6K
$281.4K – $375.2K
NOI $22,510 @ 7.0% cap · market cap 1.91%
Theoretical Best
Office A
$1.00M
$877.3K – $1.17M
NOI $70,183 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-family home with garage near amenities in Rego Park.
Where is this duplex located?
The property is located at 8561 67th Avenue Rego Park, NY.
What is the asking price?
The asking price for this property is $1,180,000.
What are key features of this property?
This property features: Semi‑attached 2‑family home with approximately 1,360 SF of residential living space; 2, 2‑family living layout plus basement for additional usable space; Detached 2‑car garage provides private parking and storage