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Six-Unit Apartment Building
For Sale
$1,750,000

1436 66th Street, Brooklyn, NY 11219

Residential, Brooklyn, NY

Property Size4,020 SF
Lot Size0.05 Acres
Price / SF$435.32
Days on Market83

Property Features for 1436 66th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 3, Bedroom 3, Bathroom 6, Bedroom 1, Bathroom 2, Bathroom 5, Bedroom 2, Bedroom 6, Bedroom 4, Bathroom 4, Bedroom 5, Bathroom 1
Interior features Refrigerator, Stove
Basement Unfinished
Subdivision Dyker Heights
Standard status Active
Size 4,020 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 11176

Building Details

Year built 1920
Floors in Building 3
Number of units 6
Flooring type Hardwood, Tile
Building materials Brick
Roof type Rubber
Listing Agency: RE/MAX Edge · RE/MAX International
Listed By: Michelle J. Zhang · License #MZ4172
Added: Jul 18 Changed: Sep 16 Last Checked: Oct 8 at 8:06PM
MLS# 503127

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 4,020-square-foot brick apartment building, constructed in 1920, contains five one-bedroom apartments and one studio. Several units have been upgraded with modern interiors, while three apartments are expected to be delivered vacant at closing, subject to the contract. Interior features include refrigerators, stoves, hardwood flooring, and tile.

The property is near subway transportation, supermarkets, restaurants, delis, shopping, schools, and other neighborhood services. Its Brooklyn location provides access to daily retail and transit conveniences while supporting a six-apartment residential configuration. The building occupies a 0.0459-acre lot and has a rubber roof.

Key Highlights

  • Five one‑bedroom apartments and one studio apartment
  • 4,020 square feet on a 0.0459‑acre lot
  • Three apartments expected vacant at closing, subject to contract

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$104,212
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,084,240 $2.1M
Cap Rate 7%
$1,488,743 $1.5M
Cap Rate 9%
$1,157,911 $1.2M
Market Conditions
NOI Build-Up for 4,020 SF
Gross rent
$197.8K $49.20/SF
− Vacancy
−$8.3K −$2.07/SF
EGI
$189.5K $47.13/SF
− OpEx
−$85.3K −$21.21/SF
NOI
$104.2K $25.92/SF
Area
ZIP 11219
Vacancy
4.20%
Lease Rate
$49.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,084,240
Cap Rate 7%
$1,488,743
Cap Rate 9%
$1,157,911

Alternative Uses

Best Use
Apartment 5plus
$1.49M
$1.30M – $1.74M (±1% cap)
NOI $104,212 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.61M
$2.28M – $3.04M (±1% cap)
NOI $182,424 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Bar & Pub Hotel & Motel Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

4,126
Businesses Nearby

Demographics for 11219, NY

103,447
Population
27,973
Households
3.7
Avg Household Size
27
Median Age
21%
College-Educated
70%
High-School Grad
1.5 sq mi
ZIP Area
68,965
Density / Sq Mi
$55,685
Median Household Income
$30,647
Median Earnings
$1,678
Median Rent
$1,086,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick multifamily property with a varied apartment mix, updated interiors, and convenient access to subway transportation and neighborhood services.
Where is this apartment building located?
The property is located at 1436 66th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Five one‑bedroom apartments and one studio apartment; 4,020 square feet on a 0.0459‑acre lot; Three apartments expected vacant at closing, subject to contract
More about this property
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