Two-Family Home With
For Sale
$1,180,000
8561 67th Ave, Rego Park, NY 11374
Semi-attached residential property with basement space and private parking.
Property Size1,360 SF
Lot Size0.07 Acres
Price / SF$867.65
Days on Market63
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Property Features for 8561 67th Ave
General Information
Standard status
Active
Size
1,360 SF
Total Parking Spaces
2
Lot size
0.07 Acres
Property subtype
Multi-Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Building Details
Year Built
1932
Listing Agency:
Prospes Real Estate Corp
Listed By:
Huanyan Li · License #10401267841
(347) 885-8668
Source:
Wesellhomes
Added: Aug 14
Changed: Oct 5
Last Checked: Oct 7 at 3:48PM
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 Prospes Real Estate Corp
Investment Insights
Based on property information with market context.
This semi-attached duplex provides approximately 1,360 square feet of residential living area on a 3,069-square-foot lot. The layout supports two-family occupancy and includes a basement for additional usable space. A detached two-car garage provides private parking along with storage capacity. Built in 1932, the property offers a distinct residential configuration within Rego Park.
The home is situated near shopping, dining, schools, parks, and public transportation. Its combination of two-family layout, basement area, and detached garage gives the property several practical components for residential use.
The home is situated near shopping, dining, schools, parks, and public transportation. Its combination of two-family layout, basement area, and detached garage gives the property several practical components for residential use.
Key Highlights
- Two‑family semi‑attached home in Rego Park
- Approximately 1,360 square feet of residential living space
- 3,069‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,244
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$664,880
$664.9K
Cap Rate 7%
$474,914
$474.9K
Cap Rate 9%
$369,378
$369.4K
Market Conditions
NOI Build-Up for 1,360 SF
Gross rent
$62.8K $46.20/SF
− Vacancy
−$2.4K −$1.76/SF
EGI
$60.4K $44.44/SF
− OpEx
−$27.2K −$20.00/SF
NOI
$33.2K $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%
$664,880
Cap Rate 7%
$474,914
Cap Rate 9%
$369,378
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.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,772
Businesses Nearby
Explore this area
Business Placement
Demographics for 11374, NY
47,129
Population
21,197
Households
2.2
Avg Household Size
43
Median Age
51%
College-Educated
90%
High-School Grad
0.9 sq mi
ZIP Area
52,366
Density / Sq Mi
$86,333
Median Household Income
$58,309
Median Earnings
$1,957
Median Rent
$484,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Semi-attached residential property with basement space and private parking.
Where is this duplex located?
The property is located at 8561 67th Ave 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: Two‑family semi‑attached home in Rego Park; Approximately 1,360 square feet of residential living space; 3,069‑square‑foot lot
