62-08 102nd Street
About this property
*CASH ONLY! NOT MORTGAGEABLE!* RARE OPPORTUNITY IN THE HEART OF REGO PARK! Discover the incredible potential of this attached brick two-family home, ideally located near everything Rego Park has to offer. Each spacious unit features 2 generously sized bedrooms, 1 full bathroom with tub and shower, a large living room, and an eat-in kitchen. The home also offers a full finished basement with a separate outside entrance, a charming front porch, fenced backyard, oversized garage with space for up to 2 cars, and a private driveway for an additional vehicle. Separate utility meters for each unit add convenience for a multifamily setup. The property is in need of renovation and cosmetic updating, presenting a fantastic opportunity to transform it into something truly special. Conveniently located near public transportation, major highways, parks, grocery stores, shopping, dining, and everyday amenities. Whether you’re looking to live in one unit while generating rental income from the other or add a multifamily property to your investment portfolio, this home offers tremendous income-producing potential in a highly desirable location. This residence has the potential! Just bring your vision and unlock the full potential of this Rego Park multifamily home! EACH UNIT HAS: • 2 Huge Bedrooms • 1 Full Bathroom (shower & tub) • Eat-In Kitchen • Huge Living Room BUILDING HAS: • 2 Car Attached Garage • Private Driveway • Front Porch • Private Fenced Backyard • Full Finished Basement w/OSE • Oil Heat • Sep Gas (cooking) & Electric Meters • WILL BE DELIVERED VACANT!
Listing details
- Property Type
- Residential Income
- Sub-Type
- Duplex
- Year Built
- 1965
- Lot Size
- 2,000 sqft
- County
- Queens
- MLS #
- KEY1037220
- Status
- Active
Street view & aerial
Imagery © Google. Street View and satellite data may not reflect current property condition.
FMR for Rego Park, NY 11374
FY2025 · Nassau-Suffolk HUD Metro FMR Area
All bedroom sizes — ZIP 11374
| Unit Size | Monthly FMR | Annual Gross |
|---|---|---|
| Studio | $1,900 | $22,800 |
| 1 Bedroom | $2,156 | $25,872 |
| 2 Bedroom | $2,640 | $31,680 |
| 3 Bedroom | $3,324 | $39,888 |
| 4 BedroomSubject | $3,683 | $44,196 |
Source: U.S. Department of Housing & Urban Development — Nassau-Suffolk HUD Metro FMR Area, FY2025. FMR represents the 40th-percentile gross rent under the Section 8 Housing Choice Voucher program. Market rents in stable Long Island submarkets typically run 110–130% of FMR.
Mortgage calculator
Principal & interest plus taxes, insurance, and HOA. Edit any field below.
Estimate only — actual payment depends on credit, loan program, escrow, PMI/MIP, and lender fees. Not a loan offer or commitment.
Where this property sits in the foreclosure process
New York is a judicial-foreclosure state. The full process typically runs 2.5–4+ years from first missed payment to recorded deed.
- Day 0 – Day 90Pre-foreclosure (RPAPL §1304 notice)
Lender sends the 90-day pre-foreclosure notice required by NY RPAPL §1304. Homeowners may request a workout, modification, or short sale during this window.
- Month 4 – Month 6Lis pendens & summons filed
Lender files a lis pendens and complaint in Nassau or Suffolk Supreme Court. Homeowner has 20–30 days to answer (or 60 if served outside NY).
- Month 6 – Month 18+Mandatory CPLR §3408 settlement conference
NY requires a settlement conference where various resolution paths — such as a repayment plan, deed in lieu, or short sale — may be discussed.
- Month 18 – Month 36+Judgment of foreclosure & sale
If unresolved, the court issues a Judgment of Foreclosure and Sale. A referee is appointed and an auction date is set (usually 60–90 days out).
- Month 24 – Month 48+Auction & post-sale eviction
Property is auctioned on the courthouse steps. After the deed transfers, the new owner must commence a separate RPAPL Article 7 holdover proceeding to recover possession.
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Questions about this listing
Is 62-08 102nd Street in Rego Park still available?
Inventory changes daily. 62-08 102nd Street is currently listed as Active in OneKey® MLS. Contact East End Luxury Ltd. at (516) 449-2783 for the most up-to-date status, including any pending offers, auction date, or short-sale lender response.
Can I tour a foreclosure or short sale on Long Island?
Yes. Most distressed properties on Long Island, the Hamptons, and East End are available for showings by appointment. We coordinate access with the listing brokerage, asset manager, or seller's attorney and can typically schedule a tour within 24–72 hours.
How do offers work on a short sale or REO listing?
Short sales require lender approval and typically take 60–120 days from accepted offer to closing. REO/bank-owned listings follow asset-manager addenda and usually close in 30–45 days. Cash offers and pre-approved buyers receive priority. We guide you through every step.
Listings courtesy of OneKey® MLS as distributed by MLS GRID.
Listing last updated: 08/16/2026, 12:39 PM ET
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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