Brick Two-Family
1524 79th Street Brooklyn, NY 11228
For Sale
$1,695,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,034 SF
Lot Size0.06 Acres
Price / SF$833.33
Days on Market13
Property Features for 1524 79th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 3, Bedroom 5
- Parking features
- Garage - Detached
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 2,034 SF
- Lot size
- 0.06 Acres
Building Details
- Year built
- 1935
- Floors in Building
- 2
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing Agency:
E House Realty & Mgt. Inc.
(718) 680-2776
Listed By:
Jin Ning (Vincent) Huang · License #JH5476
(718) 680-2776
Added: Jul 11
Changed: Jul 19
Last Checked: Jul 23 at 11:06PM
MLS# 502957
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.
Solid brick two-family semi-detached home arranged for comfortable separate living. The first floor includes a formal living room, formal dining room, eat-in kitchen with access to the backyard, one full bathroom, and two generously sized bedrooms. The second floor features a three-bedroom unit with a living room, dining room, kitchen, one full bath, and a private balcony.
A fully finished basement adds additional usable space and includes a separate, rare entrance. The property also offers a 10-foot shared driveway and a detached two-car garage. Conveniently located near shopping, restaurants, schools, and public transportation.
The approximate building footprint is 19.5 by 62, and the lot is approximately 25 by 100.
A fully finished basement adds additional usable space and includes a separate, rare entrance. The property also offers a 10-foot shared driveway and a detached two-car garage. Conveniently located near shopping, restaurants, schools, and public transportation.
The approximate building footprint is 19.5 by 62, and the lot is approximately 25 by 100.
Key Highlights
- Solid brick two‑family semi‑detached home built in 1935
- First‑floor unit layout: formal living room, formal dining room, eat‑in kitchen, full bath, and 2 bedrooms
- Second‑floor unit layout: 3 bedrooms, living room, dining room, kitchen, full bath, and private balcony
Financial Insights For Multifamily LT 5
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 | $103.7k | $51.00 |
| − Vacancy | −$2.0k | −$0.97 |
| EGI | $101.8k | $50.03 |
| − OpEx | −$30.5k | −$15.01 |
| NOI | $71.2k | $35.02 |
2,034 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$890.4K – $1.19M
NOI $71,234 @ 7.0% cap · market cap 4.20%
Second Best
Apartment 5plus
$887.1K
$776.2K – $1.03M
NOI $62,096 @ 7.0% cap · market cap 3.66%
Theoretical Best
Specialty Retail
$1.68M
$1.47M – $1.96M
NOI $117,891 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Solid brick two-family semi-detached home with a private balcony, finished basement, driveway access, and a detached two-car garage.
Where is this duplex located?
The property is located at 1524 79th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Solid brick two‑family semi‑detached home built in 1935; First‑floor unit layout: formal living room, formal dining room, eat‑in kitchen, full bath, and 2 bedrooms; Second‑floor unit layout: 3 bedrooms, living room, dining room, kitchen, full bath, and private balcony
