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Brick Duplex with Detached Garage
For Sale
$1,180,000

8561 67th Avenue, Rego Park, NY 11374

Residential Income, Rego Park, NY

Property Size1,360 SF
Lot Size0.07 Acres
Price / SF$867.65
Days on Market93

Property Features for 8561 67th Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Basement
Parking features Garage
Interior features Ceiling Fan(s)
Basement Full
Elementary school Ps 174 William Sidney Mount
Middle school Jhs 190 Russell Sage
High school Queens Metropolitan High School
Elementary school district Queens 28
Middle school district Queens 28
High school district Queens 28
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 Window Unit(s), Wall/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
Listed By: Huanyan Li · License #10401267841
Added: Jul 31 Changed: Oct 28 Last Checked: Oct 31 at 9:06PM
MLS# 1033346

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.

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Investment Insights

Based on property information with market context.

Located at 8561 67th Avenue in Rego Park, this semi-attached duplex contains approximately 1,360 square feet of residential living area on a 3,069-square-foot lot. The layout includes two family residences, a basement, four bedrooms, and three bathrooms. Brick and stucco construction, natural-gas heating, ceiling fans, and wall or window cooling units are documented. A detached two-car garage adds private parking and storage capacity.

The property is near shopping, dining, schools, parks, and public transportation in Rego Park, Queens. Public water and public sewer serve the property, with water available listed among the utilities. Built in 1932, the home offers a two-family configuration with additional basement space and garage improvements.

Key Highlights

  • Approximately 1,360 square feet of residential living space
  • 3,069‑square‑foot lot totaling 0.07 acres
  • Semi‑attached two‑family duplex with basement

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 (±1% cap)
NOI $33,244 @ 7.0% cap · market cap 2.82%
Second Best
Multifamily LT 5
$321.6K
$281.4K – $375.2K (±1% cap)
NOI $22,510 @ 7.0% cap · market cap 1.91%
Theoretical Best
Office A
$1.00M
$877.3K – $1.17M (±1% cap)
NOI $70,183 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,413
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Semi-attached two-family property with basement space, private parking, and residential income potential.
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: Approximately 1,360 square feet of residential living space; 3,069‑square‑foot lot totaling 0.07 acres; Semi‑attached two‑family duplex with basement
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