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Semi-Attached Corner Two-Story Home
For Sale
$880,000

62-68 60th Avenue, Queens, NY 11378

Residential, Duplex, Queens, NY

Property Size1,848 SF
Lot Size0.03 Acres
Price / SF$476.19
Days on Market213

Property Features for 62-68 60th Avenue

General Information

Property type Residential
Property subtype Duplex
Zoning R4-1
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2
Parking features Garage
Patio and Porch features Porch
Interior features Laundry Area, Porch, Stove
Basement Finished
Subdivision Maspeth
Standard status Active
Size 1,848 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 6819

Building Details

Year built 1935
Floors in Building 2
Flooring type Hardwood, Tile
Building materials Brick
Roof type Flat
Architectural style Other
Listing Agency: Brooklyn Real Property, Inc
Listed By: Jean Paul Ho · License #JPH8888
Added: Mar 18 Changed: Oct 15 Last Checked: Oct 16 at 7:06PM
MLS# 499798

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.

Semi-attached brick one-family home located on an irregular corner lot. The property includes a spacious layout with bedrooms, a formal dining room, and an eat-in kitchen, along with an updated modern kitchen and a full bath. Interior features include wood floors and abundant windows and closets. A finished, high-ceiling basement offers a separate entrance and includes a laundry room that can be finished for accessory use.

An additional top-floor level is included, along with additional attic and second-floor finished space with windows and unobstructed views of the Manhattan skyline. The configuration also offers the possibility of conversion to a two-family or three-family layout, subject to applicable requirements.

A detached two-car brick garage is part of the offering, along with an outdoor space on the oversized corner lot. Parking is supported by the detached garage and the site’s corner-lot configuration. The home is being sold as-is, and all showings require an appointment.

Key Highlights

  • Semi‑attached brick 1‑family home built in 1935 on an irregular corner lot
  • Approx. 22' x 42' building (1,848 SF) with 4 bedrooms and 2 bathrooms
  • Updated modern kitchen and full bath, with wood floors and abundant windows/closets

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,173
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,460 $903.5K
Cap Rate 7%
$645,329 $645.3K
Cap Rate 9%
$501,922 $501.9K
Market Conditions
NOI Build-Up for 1,848 SF
Gross rent
$85.4K $46.20/SF
− Vacancy
−$3.2K −$1.76/SF
EGI
$82.1K $44.44/SF
− OpEx
−$37.0K −$20.00/SF
NOI
$45.2K $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%
$903,460
Cap Rate 7%
$645,329
Cap Rate 9%
$501,922

Alternative Uses

Best Use
Apartment 5plus
$645.3K
$564.7K – $752.9K (±1% cap)
NOI $45,173 @ 7.0% cap · market cap 5.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M (±1% cap)
NOI $95,366 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Single family properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Dental Office Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,904
Businesses Nearby

Demographics for 11378, NY

38,288
Population
14,522
Households
2.6
Avg Household Size
40
Median Age
26%
College-Educated
83%
High-School Grad
2.4 sq mi
ZIP Area
15,953
Density / Sq Mi
$84,762
Median Household Income
$52,281
Median Earnings
$1,932
Median Rent
$832,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Single family property - Semi-attached single-family home on an irregular corner lot with a finished basement and additional top-floor level.
Where is this single family property located?
The property is located at 62-68 60th Avenue Queens, NY.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: Semi‑attached brick 1‑family home built in 1935 on an irregular corner lot; Approx. 22' x 42' building (1,848 SF) with 4 bedrooms and 2 bathrooms; Updated modern kitchen and full bath, with wood floors and abundant windows/closets
More about this property
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