Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    611 Beach 67th Street Arverne, NY 11692

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $765,000

    Two-family home with ample space, close to the beach.

    Type:Multi Family
    Lot size:
    0.08 Acres
    Added:
    Mar 24, 2026
    Days on Market:
    9
    Last Refresh:
    Mar 25 at 10:41 pm

    Property Features for 611 Beach 67th Street

    General Information

    Standard status
    Active
    Lot size
    0.08 Acres
    Property subtype
    Multi Family

    Building Details

    Year Built
    1996

    We can help!

    Listing Contact
    Rafael Ching

    Listing agent Rafael Ching License #10401231105

    Listing office Keller Williams Realty Greater

    Listing date Mar 24, 2026

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Greater

    Overview

    Spacious Two-Family Home Near Beach

    This two-family home features a total of 10 rooms, including 6 bedrooms and 2.5 bathrooms. The layout includes two kitchens, suitable for rental opportunities or accommodating guests. The property provides 2 parking spaces. Located three blocks from the beach and one block from Jamaica Bay, the property offers proximity to recreational areas.
    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 Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Arverne
    County
    Queens
    State
    New York
    Longitude
    -73.797022
    Latitude
    40.598003

    Nearby Similar for Sale

    • $989,000

      Ocean View Two-Dwelling Home

      Two-dwelling home with ocean views, near Rockaway Beach.
      605 Barbadoes Drive, Arverne, NY 11692
      View Details
    • $899,000

      Arverne Multi-Family Income Property

      Three-unit property near the beach with strong rental income.
      423 Beach 66th Street, Arverne, NY 11692
      View Details
    • $899,000

      Newer Construction Two-Family Home

      Two-family home in growing Queens neighborhood, built in 2022.
      72-31 Hillmeyer Avenue, Arverne, NY 11692
      View Details
    • $919,000

      Arverne Two-Family Home with Views

      Recently built two-family home with income potential and water views.
      74-13 Hillmeyer Avenue, Arverne, NY 11692
      View Details
    • $899,999

      Arverne Two-Family Home with Expansion Potential

      Legal two-family home with expansion potential in Arverne, New York.
      552 Beach 68th Street, Arverne, NY 11692
      View Details
    • $1,178,000

      Ocean View Two-Family Home

      Two-family home with ocean views in a vibrant beach community.
      6910 Beach Front Road, Arverne, NY 11692
      View Details
    • $675,000

      Arverne Two-Family Home For Sale

      Two-family home in Arverne, close to amenities and the beach.
      72-36 Almeda Avenue, Arverne, NY 11692
      View Details
    • $504,900

      Two-Family Home in Arverne, NY

      Spacious two-family home with corner parcel and exceptional potential.
      156 Beach 60th Street, Arverne, NY 11692
      View Details
    • $1,070,000

      Arverne Multifamily Property For Sale

      Multifamily property available for sale in Arverne, New York.
      161 Sea Grass Lane, Arverne, NY 11692
      View Details
    • $1,220,000

      Arverne Multifamily Property for Sale

      Multifamily property in Arverne, NY, available for purchase.
      132 Meridian Boulevard, Arverne, NY 11692
      View Details
    • $1,010,000

      Arverne Multifamily House For Sale

      Multifamily house featuring a garage, backyard, and driveway.
      205 Beach Breeze Place, Arverne, NY 11692
      View Details
    • $789,999

      Arverne Two-Family Home

      Two-family home in Arverne by the Sea area.
      560 Beach 68th Street, Arverne, NY 11692
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-family home with ample space, close to the beach.
    Where is this duplex located?
    The property is located at 611 Beach 67th Street Arverne, NY.
    What is the asking price?
    The asking price for this property is $765,000.
    What are key features of this property?
    This property features: Close proximity to the beach (3 blocks) and Jamaica Bay (1 block).; Two kitchens, suitable for rental income or guest accommodation.; Six bedrooms and 2.5 bathrooms.
    (516) 873-7100
    We can help!
    Listing Contact
    Rafael Ching
    Real Estate License ID: 10401231105
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!