Semi-Attached Two-Family Home with Detached
New
For Sale
$1,180,000
8561 67th Avenue, Rego Park, NY 11374
MULTI_FAMILY - Rego Park, NY
Property Size1,360 SF
Lot Size0.07 Acres
Price / SF$867.65
Days on Market2
Property Features for 8561 67th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Basement, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 3
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
Wall/Window Unit(s), 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
(718) 321-2800
Listed By:
Huanyan Li
(347) 885-8668
Added: Jul 31
Last Checked: Aug 1 at 12:06AM
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.
Investment Insights
Based on property information with market context.
This semi-attached two-family residence at 85-61 67th Ave offers residential living plus additional basement space. The home features approximately 1,360 sqft of residential living space and includes a basement providing additional usable space. Construction materials include brick and stucco, with natural gas heating and wall/window unit cooling. Interior features include ceiling fan(s), and the home is served by public water with public sewer.
A detached 2-car garage provides private parking and additional storage. The property sits on a 3,069 sqft lot and was built in 1932. The home is described as conveniently located near shopping, dining, schools, parks, and public transportation.
With its two-family configuration, the property can support end-user occupancy while also offering an opportunity for rental use.
A detached 2-car garage provides private parking and additional storage. The property sits on a 3,069 sqft lot and was built in 1932. The home is described as conveniently located near shopping, dining, schools, parks, and public transportation.
With its two-family configuration, the property can support end-user occupancy while also offering an opportunity for rental use.
Key Highlights
- Approximately 1,360 sqft of residential living space
- Semi‑attached two‑family layout with basement additional usable space
- Detached 2‑car garage for private parking and storage
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.8k | $46.20 |
| − Vacancy | −$2.4k | −$1.76 |
| EGI | $60.4k | $44.44 |
| − OpEx | −$27.2k | −$20.00 |
| NOI | $33.2k | $24.44 |
1,360 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
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.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,413
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Semi-attached two-family home with a basement, natural gas heat, and a detached 2-car garage in Rego Park.
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 sqft of residential living space; Semi‑attached two‑family layout with basement additional usable space; Detached 2‑car garage for private parking and storage
