Bensonhurst 5-Family Brick
1464 66th Street Brooklyn, NY 11219
1464 66th Street, Brooklyn, NY, 11219
$1,550,000
For Sale
$1,550,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,300 SF
Lot Size0.06 Acres
Price / SF$469.70
Days on Market52
Property Features for 1464 66th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bathroom 4, Bathroom 5, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 6, Bedroom 5, Bathroom 1, Bedroom 4, Bathroom 3
- Interior features
- Refrigerator, Stove
- Basement
- Full
- Standard status
- Active
- Size
- 3,300 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11485
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Number of units
- 5
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Rubber
Listing Agency
Ben Bay Realty Co
(718) 680-6442
8304 13th Ave, Brooklyn, NY
Listed by
Phoebe F. Burger · License #PFB1940
(718) 680-6442
Added: May 27 Checked: Jul 17 at 4:06 pm
MLS# 501787
Listing URL
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 semi-detached, five-family brick building is located in Bensonhurst, Brooklyn. The building dimensions are 20x55 feet, situated on a 25x100 foot lot. The property generates an annual rent of $86,568, with a projected annual rent of $114,024. Currently, only unit #3R is rent stabilized, while all other leases are set to expire on May 31, 2026. The property is zoned R5 and has property taxes of $11,485. The building contains 3,300 square feet. It is located near the N and D trains. This property presents a great investment opportunity.
Key Highlights
- 5‑family brick building, 20 x 55 building size on a 25 x 100 lot
- Annual rent $86,568; projected annual rent $114,024
- Only unit #3R is rent stabilized; all other leases expire on 5/31/26
Local 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 | $162.4k | $49.20 |
| − Vacancy | −$6.8k | −$2.07 |
| EGI | $155.5k | $47.13 |
| − OpEx | −$70.0k | −$21.21 |
| NOI | $85.5k | $25.92 |
3,300 SF · lease $49.20/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.22M
$1.07M – $1.43M
NOI $85,547 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.14M
$1.87M – $2.50M
NOI $149,751 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Semi-detached, free-market, five-family brick building in Brooklyn.
Where is this apartment building located?
The property is located at 1464 66th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 5‑family brick building, 20 x 55 building size on a 25 x 100 lot; Annual rent $86,568; projected annual rent $114,024; Only unit #3R is rent stabilized; all other leases expire on 5/31/26
