Duplex with Finished
For Sale
$1,050,000
1630 73rd Street, Brooklyn, NY 11204
Residential, Duplex, Brooklyn, NY
Property Size1,280 SF
Lot Size0.04 Acres
Price / SF$820.31
Days on Market11
Property Features for 1630 73rd Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R5
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 1
Patio and Porch features
Deck
Interior features
Deck, Refrigerator, Stove, Washer
Basement
Full
Subdivision
Bensonhurst
Standard status
Active
Size
1,280 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
6461
Amenities
rear deck
finished basement
Building Details
Year built
1920
Floors in Building
2
Flooring type
Hardwood
Building materials
Masonry
Roof type
Flat
Architectural style
Other
Listing Agency:
Momentum Real Estate LLC
Listed By:
Priscilla Tran
(718) 382-0001
Added: Aug 30
Changed: Sep 8
Last Checked: Sep 9 at 6:06PM
MLS# 504095
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 1,280-square-foot duplex in Brooklyn was built in 1920 and features masonry construction, hardwood flooring, a flat roof, and three full bathrooms. The first floor includes living space, an eat-in kitchen, two bedrooms, and deck access. The upper level measures 16 x 26 and contains two bedrooms and a full bathroom. A finished basement with its own front entry adds flexible interior space. Included appliances are a refrigerator, stove, and washer.
The property occupies 0.0367 acres and carries R5 zoning. Located at 1630 73rd Street in Brooklyn’s Bensonhurst area, it is close to shopping, dining, and transportation.
The property occupies 0.0367 acres and carries R5 zoning. Located at 1630 73rd Street in Brooklyn’s Bensonhurst area, it is close to shopping, dining, and transportation.
Key Highlights
- 1,280‑square‑foot duplex on a 0.0367‑acre lot
- Finished basement with separate front entrance
- Three full bathrooms and two‑story interior layout
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,828
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$896,560
$896.6K
Cap Rate 7%
$640,400
$640.4K
Cap Rate 9%
$498,089
$498.1K
Market Conditions
NOI Build-Up for 1,280 SF
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.
Gross rent
$65.3K $51.00/SF
− Vacancy
−$1.2K −$0.97/SF
EGI
$64.0K $50.03/SF
− OpEx
−$19.2K −$15.01/SF
NOI
$44.8K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$896,560
Cap Rate 7%
$640,400
Cap Rate 9%
$498,089
Alternative Uses
Best Use
Multifamily LT 5
$640.4K
$560.4K – $747.1K
NOI $44,828 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$558.2K
$488.5K – $651.3K
NOI $39,077 @ 7.0% cap · market cap 3.72%
Theoretical Best
Specialty Retail
$1.06M
$927.4K – $1.24M
NOI $74,189 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,772
Businesses Nearby
Explore this area
Business Placement
Demographics for 11204, NY
85,885
Population
27,498
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
53,678
Density / Sq Mi
$67,588
Median Household Income
$33,461
Median Earnings
$1,751
Median Rent
$1,097,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Masonry duplex with hardwood floors, a rear deck, and household appliances.
Where is this duplex located?
The property is located at 1630 73rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 1,280‑square‑foot duplex on a 0.0367‑acre lot; Finished basement with separate front entrance; Three full bathrooms and two‑story interior layout
