Move-In Ready Single-Family
For Sale
$1,150,000
1372 E 66th Street, Brooklyn, NY 11234
SINGLE_FAMILY - Brooklyn, NY
Property Size2,304 SF
Lot Size0.07 Acres
Price / SF$499.13
Days on Market310
Property Features for 1372 E 66th Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
A5
Bedrooms
3
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 4, Bedroom 1, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 3
Parking features
Carport
Patio and Porch features
Deck, Patio, Porch
Interior features
Central Air, Central Air - Split, Deck, Dishwasher, Dryer, Laundry Area, Microwave, Patio Garden, Porch, Refrigerator, Stove, Washer, Window Treatments
Basement
Finished, Full
Subdivision
Bergen Beach
Standard status
Active
Size
2,304 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
7826
Building Details
Year built
1996
Floors in Building
2
Flooring type
Hardwood
Roof type
Flat
Architectural style
Other
Listing Agency:
Tree of Life Realty & Mgmt LLC
(646) 710-0602
Listed By:
Larisa Elchananov
(646) 710-0602
Added: Oct 27, 2025
Changed: Aug 4
Last Checked: Sep 1 at 2:06AM
MLS# 496948
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.
Well-maintained single-family residence presented as move-in ready. The first floor offers a living room and dining room combination, along with a large eat-in kitchen featuring granite countertops, stainless steel appliances, and cherrywood cabinets. Sliding doors open to a large backyard deck.
The upper level includes three bedrooms, including a primary suite with a walk-in closet and a private en-suite bathroom with a full shower. A fully finished basement provides additional space and includes a separate entrance leading to the backyard.
Additional highlights include modern finishes, elegant light fixtures, and natural light throughout the home. The property is described as conveniently located near schools, shopping, and parks.
The upper level includes three bedrooms, including a primary suite with a walk-in closet and a private en-suite bathroom with a full shower. A fully finished basement provides additional space and includes a separate entrance leading to the backyard.
Additional highlights include modern finishes, elegant light fixtures, and natural light throughout the home. The property is described as conveniently located near schools, shopping, and parks.
Key Highlights
- Single‑family home built in 1996 with hardwood flooring and modern interior finishes
- Eat‑in kitchen with granite countertops, stainless steel appliances, and cherrywood cabinets
- First‑floor living room and dining room combo with sliding doors to a large backyard deck
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$70,339
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,406,780
$1.4M
Cap Rate 7%
$1,004,843
$1.0M
Cap Rate 9%
$781,544
$781.5K
Market Conditions
NOI Build-Up for 2,304 SF
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.
Gross rent
$130.5K $56.64/SF
− Vacancy
−$2.6K −$1.13/SF
EGI
$127.9K $55.51/SF
− OpEx
−$57.5K −$24.98/SF
NOI
$70.3K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,406,780
Cap Rate 7%
$1,004,843
Cap Rate 9%
$781,544
Alternative Uses
Best Use
Apartment 5plus
$1.00M
$879.2K – $1.17M
NOI $70,339 @ 7.0% cap · market cap 6.12%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.91M
$1.67M – $2.23M
NOI $133,540 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,519
Businesses Nearby
Explore this area
Business Placement
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Single family property - Single-family residence with three bedrooms, a finished basement with separate entrance, and an eat-in kitchen with deck access.
Where is this single family property located?
The property is located at 1372 E 66th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Single‑family home built in 1996 with hardwood flooring and modern interior finishes; Eat‑in kitchen with granite countertops, stainless steel appliances, and cherrywood cabinets; First‑floor living room and dining room combo with sliding doors to a large backyard deck
