Three-Story
61-51 84th Street, Middle Village, NY 11379
For Sale
$1,499,999
Residential, Middle Village, NY
Property Size2,541 SF
Lot Size0.05 Acres
Price / SF$590.32
Days on Market140
Property Features for 61-51 84th Street
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Parking features
Interior features
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Ashford Homes LLC
Listed By:
ShuYu (Linda) Zeng
(929) 364-1301
Added: Jun 22
Changed: Nov 6
Last Checked: Nov 8 at 12:06AM
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.
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Investment Insights
Based on property information with market context.
This 2,541-square-foot brick duplex occupies three stories on a 0.051-acre lot and was built in 1950. The primary level includes an additional room, full bathroom, and wet bar. The two upper floors are arranged similarly, with three bedrooms, a full bathroom, living room, and eat-in kitchen on each level. Interior finishes include hardwood, carpet, tile, and laminate flooring, with wall-unit A/C, refrigerator, and stove equipment. A flat roof and garage provide additional functional features.
The property is located at 61-51 84th Street in Middle Village, NY 11379, within Queens. Shopping, dining, supermarkets, restaurants, and cafes are nearby, along with Rego Center and Queens Center Mall. Access to the M and R subway lines, bus routes, Long Island Expressway, Grand Central Parkway, and Brooklyn-Queens Expressway supports travel throughout New York City. The property is zoned R4-1.
The property is located at 61-51 84th Street in Middle Village, NY 11379, within Queens. Shopping, dining, supermarkets, restaurants, and cafes are nearby, along with Rego Center and Queens Center Mall. Access to the M and R subway lines, bus routes, Long Island Expressway, Grand Central Parkway, and Brooklyn-Queens Expressway supports travel throughout New York City. The property is zoned R4-1.
Key Highlights
- Three‑story, two‑family duplex configuration
- 2,541 square feet on a 0.051‑acre lot
- R4‑1 zoning and 1950 construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,113
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,242,260
$1.2M
Cap Rate 7%
$887,329
$887.3K
Cap Rate 9%
$690,144
$690.1K
Market Conditions
NOI Build-Up for 2,541 SF
Gross rent
$117.4K $46.20/SF
− Vacancy
−$4.5K −$1.76/SF
EGI
$112.9K $44.44/SF
− OpEx
−$50.8K −$20.00/SF
NOI
$62.1K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,242,260
Cap Rate 7%
$887,329
Cap Rate 9%
$690,144
Alternative Uses
Best Use
Apartment 5plus
$887.3K
$776.4K – $1.04M
NOI $62,113 @ 7.0% cap · market cap 4.14%
Second Best
Multifamily LT 5
$600.8K
$525.7K – $701.0K
NOI $42,058 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$1.87M
$1.64M – $2.19M
NOI $131,128 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,169
Businesses Nearby
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Business Placement
Demographics for 11379, NY
37,906
Population
15,237
Households
2.5
Avg Household Size
44
Median Age
35%
College-Educated
84%
High-School Grad
2.2 sq mi
ZIP Area
17,230
Density / Sq Mi
$92,509
Median Household Income
$54,109
Median Earnings
$1,989
Median Rent
$886,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Middle Village, NY
Properties on Market for Duplexes in Middle Village
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Brick two-family property with private driveway, separate living areas, and proximity to shopping, transit, and major roadways.
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 $1,499,999.
What are key features of this property?
This property features: Three‑story, two‑family duplex configuration; 2,541 square feet on a 0.051‑acre lot; R4‑1 zoning and 1950 construction
