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    Brooklyn Two-Family Home with Parking Title is generated by Realmo AI

    1581 74th Street, Brooklyn, NY 11228

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    Claim this Listing
    For Sale
    $1,580,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    2,960 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $533/SF
    Added:
    Feb 9, 2026
    Days on Market:
    119
    Last Refresh:
    Jun 8 at 9:06 pm

    Property Features for 1581 74th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R5
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 1, Bathroom 2
    Parking features
    Garage
    Interior features
    Refrigerator, Stove
    Basement
    Finished, Full
    Standard status
    Active
    Size
    2,960 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    10816

    Building Details

    Year built
    1935
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Hardwood, Tile
    Building materials
    Brick
    Roof type
    Flat

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    Listing Contact
    Hui Bin (Sky) Wu

    Listing agent Hui Bin (Sky) Wu

    Listing office Tiger Realty 1484 86th Street, Brooklyn, NY

    Listing date Feb 9, 2026

    MLS# 498885 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

    • Two‑family home in desirable Dyker Heights.
    • Private drive and built‑in garage with 2 parking spaces.
    • Spacious layout with approx. 2,960 sqft, 6 bedrooms, and 3 full baths.
    • Finished basement with open space and high ceilings.
    • Hardwood and tile flooring throughout.
    • Brick construction.

    Overview

    This well-maintained, attached 3-story, 2-family residence is located in the Dyker Heights neighborhood of Brooklyn. The property offers approximately 2,960 square feet of living space on a 20' x 100' lot. The building dimensions are 20' x 52'. The layout includes 6 bedrooms and 3 full bathrooms within a total of 9 rooms. A finished basement with open space and high ceilings provides flexible usage options. The property includes a private drive and a built-in garage, accommodating 2 parking spaces. The zoning is R5.

    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 $151.0k $51.00
    − Vacancy −$2.9k −$0.97
    EGI $148.1k $50.03
    − OpEx −$44.4k −$15.01
    NOI $103.7k $35.02
    2,960 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.48M
    $1.30M – $1.73M (±1% cap)
    NOI $103,664 @ 7.0% cap · market cap 6.56%
    Second Best
    Apartment 5plus
    $1.29M
    $1.13M – $1.51M (±1% cap)
    NOI $90,366 @ 7.0% cap · market cap 5.72%
    Theoretical Best
    Specialty Retail
    $2.45M
    $2.14M – $2.86M (±1% cap)
    NOI $171,562 @ 7.0% cap · market cap 10.86%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.000222
    Latitude
    40.617203

    FAQs

    What type of property is this?
    Duplex - Well-maintained 2-family in Dyker Heights with parking.
    Where is this duplex located?
    The property is located at 1581 74th Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,580,000.
    What are key features of this property?
    This property features: Two‑family home in desirable Dyker Heights.; Private drive and built‑in garage with 2 parking spaces.; Spacious layout with approx. 2,960 sqft, 6 bedrooms, and 3 full baths.
    More about this property
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