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86-61 77th Street, Woodhaven, NY, 11421
Attached Two-Family Brick Home

86-61 77th Street Woodhaven, NY 11421

For Sale
$799,000

MULTI_FAMILY - Woodhaven, NY

Property Size1,600 SF
Lot Size0.03 Acres
Price / SF$499.38
Days on Market115

Property Features for 86-61 77th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2
Interior features Refrigerator, Stove
Basement Full
Standard status Active
Size 1,600 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 5973

Building Details

Year built 1940
Floors in Building 2
Number of units 2
Flooring type Hardwood
Building materials Brick
Roof type Rubber
Listing Agency: RE/MAX Edge
Listed By: Michelle J. Zhang · License #MZ4172
Added: Apr 7 Changed: Jun 8 Last Checked: Jul 30 at 12:06AM
MLS# 500274

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.

Investment Insights

Based on property information with market context.

This fully brick, attached two-family home in Woodhaven, Queens offers a practical live-and-rent configuration. The property totals four bedrooms and two full bathrooms, with a layout suited to either an owner-occupant or a rental-focused buyer. At 1,600 square feet, the home provides straightforward unit-ready living space for a range of residential income needs.

The property is located just minutes from Jamaica Avenue, placing everyday shopping, dining, and supermarkets within close reach. It is also close to the J & Z subway lines for commuting options toward Manhattan and surrounding areas. In addition, Forest Park is nearby, along with Franklin K. Lane Educational Campus.

From a tenant and operator standpoint, the attached two-family structure supports straightforward occupancy planning, with multiple bedrooms and full baths already in place. The property’s R6A zoning district may be relevant for buyers evaluating their intended residential use and future options within the local zoning framework. Offered for sale at 86-61 77th Street, Woodhaven, this is a residential income property well-suited to an end-user looking to offset costs with rental income.

Key Highlights

  • Fully brick two‑family attached home built in 1940
  • Four bedrooms and two full bathrooms total
  • Hardwood flooring throughout

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 $73.9k $46.20
− Vacancy −$2.8k −$1.76
EGI $71.1k $44.44
− OpEx −$32.0k −$20.00
NOI $39.1k $24.44
1,600 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$558.7K
$488.9K – $651.9K (±1% cap)
NOI $39,111 @ 7.0% cap · market cap 4.89%
Second Best
Multifamily LT 5
$378.3K
$331.0K – $441.4K (±1% cap)
NOI $26,483 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,568 @ 7.0% cap · market cap 10.33%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Cafe & Coffee Shop Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Brick two-family with four bedrooms and two full baths in Woodhaven, offered in an R6A zoning district.
Where is this duplex located?
The property is located at 86-61 77th Street Woodhaven, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Fully brick two‑family attached home built in 1940; Four bedrooms and two full bathrooms total; Hardwood flooring throughout
More about this property
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