Semi-Detached 6-Family Brick
1253 70th Street Brooklyn, NY 11228
For Sale
$1,425,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,575 SF
Lot Size0.07 Acres
Price / SF$904.76
Days on Market318
Property Features for 1253 70th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5B
- Bedrooms
- 9
- Bathrooms
- 6
- Rooms
- Bedroom 6, Bedroom 9, Bathroom 1, Bedroom 7, Bathroom 2, Bathroom 4, Bathroom 6, Bathroom 5, Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 3, Bedroom 8, Bedroom 3
- Interior features
- Refrigerator, Stove
- Standard status
- Active
- Size
- 1,575 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 19823
Building Details
- Number of units
- 6
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Shingle
Listing Agency:
Re/Max Real Estate Professiona
(718) 872-5522
Listed By:
Li Juan (Lili) Li
(718) 872-5522
Added: Sep 9, 2025
Changed: Jul 23
Last Checked: Jul 23 at 8:06PM
MLS# 495620
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.
Semi-detached brick 6-family property in Dyker Heights with three floors. The building includes a wide shared driveway and a large 2-car garage, with two heating zones in place. According to the provided information, the property contains 9 bedrooms and 6 baths.
There are close connections to 13th Ave and a busy shopping area, with bus stops and N & D train stations nearby. The listing notes that two apartments can be delivered vacant if needed, and that two tenants are scheduled to leave in about 2 to 3 years.
The property is identified with R5B zoning, and it is offered for sale as a residential income building suitable for investor or self-use, per the remarks.
There are close connections to 13th Ave and a busy shopping area, with bus stops and N & D train stations nearby. The listing notes that two apartments can be delivered vacant if needed, and that two tenants are scheduled to leave in about 2 to 3 years.
The property is identified with R5B zoning, and it is offered for sale as a residential income building suitable for investor or self-use, per the remarks.
Key Highlights
- Semi‑detached 6‑family brick building with 3 floors and 3,780 building SF
- 9 bedrooms and 6 bathrooms across the building, with 2 heating zones
- Wide shared driveway with large 2‑car garage
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 | $89.2k | $56.64 |
| − Vacancy | −$1.8k | −$1.13 |
| EGI | $87.4k | $55.51 |
| − OpEx | −$39.3k | −$24.98 |
| NOI | $48.1k | $30.53 |
1,575 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$686.9K
$601.0K – $801.4K
NOI $48,083 @ 7.0% cap · market cap 3.37%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.30M
$1.14M – $1.52M
NOI $91,287 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Semi-detached brick 6-family with wide shared driveway, large 2-car garage, and two heating zones across three floors.
Where is this apartment building located?
The property is located at 1253 70th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Semi‑detached 6‑family brick building with 3 floors and 3,780 building SF; 9 bedrooms and 6 bathrooms across the building, with 2 heating zones; Wide shared driveway with large 2‑car garage
