Brooklyn Four-Family Brick
1530 71st Street, Brooklyn, NY 11228
MULTI_FAMILY - Brooklyn, NY
Property size:
3,250 SFLot size:
0.06 AcresPrice / SF:
$522/SF- Added:
- Dec 31, 2025
- Days on Market:
- 149
- Last Refresh:
- May 29 at 12:06 pm
Property Features for 1530 71st Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 8, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 7, Bedroom 6
- Interior features
- Refrigerator, Stove
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 3,250 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 12661
Building Details
- Year built
- 1905
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing agent Hang (Tyler) Chen (917) 708-9966
Listing office Tiger Realty 1484 86th Street, Brooklyn, NY (917) 708-9966
Listing date Dec 31, 2025
MLS# 498075
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.
HighLights
- Four spacious 2‑bedroom apartments offer strong income potential.
- Convenient location near shopping, transportation, and schools.
- Durable brick construction.
- Features tile and hardwood flooring.
- Includes essential appliances: Refrigerator and Stove.
- Four‑family property.
Overview
Located in Brooklyn, New York, this brick four-family property at 1530 71st Street features four apartments, each with two bedrooms. The property, zoned R5, offers income potential and is situated in a location convenient to shopping, transportation, and schools. The property size is 3250 square feet, situated on a lot of 0.0574 acres.
Local 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 | $165.8k | $51.00 |
| − Vacancy | −$3.1k | −$0.97 |
| EGI | $162.6k | $50.03 |
| − OpEx | −$48.8k | −$15.01 |
| NOI | $113.8k | $35.02 |
3,250 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.63M
$1.42M – $1.90M
NOI $113,821 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$1.42M
$1.24M – $1.65M
NOI $99,219 @ 7.0% cap · market cap 5.84%
Theoretical Best
Specialty Retail
$2.69M
$2.35M – $3.14M
NOI $188,370 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.000062
- Latitude
- 40.61929
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four 2-bedroom apartments in Brooklyn, close to amenities.
Where is this quadplex located?
The property is located at 1530 71st Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Four spacious 2‑bedroom apartments offer strong income potential.; Convenient location near shopping, transportation, and schools.; Durable brick construction.
