Masonry Single-Family
For Sale
$1,050,000
1630 73rd Street, Brooklyn, NY 11204
SINGLE_FAMILY - Brooklyn, NY
Property Size1,154 SF
Lot Size0.04 Acres
Price / SF$909.88
Days on Market162
Property Features for 1630 73rd Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R5
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
Patio and Porch features
Deck
Interior features
Deck, Dryer, Refrigerator, Stove, Washer
Basement
Finished, Full
Subdivision
Bensonhurst
Standard status
Active
Size
1,154 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
6461
Building Details
Year built
1920
Floors in Building
2
Flooring type
Hardwood, Tile
Building materials
Masonry
Roof type
Flat
Architectural style
Other
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Jason Zhou · License #10301217017
(718) 612-3088
Added: Mar 18
Changed: Aug 4
Last Checked: Aug 26 at 7:06AM
MLS# 499759
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 single-family masonry home is in great condition and offers flexible interior layout across multiple levels. The home includes three bedrooms plus two bonus rooms in the finished basement, along with three full bathrooms. The first floor features one bedroom, a living room, an eat-in kitchen, a full bathroom, and access to an 18-ft-deep rear deck. The second floor provides two bedrooms and a full bathroom.
A finished basement adds additional flexibility, including two bonus rooms, an additional full bathroom, and a separate front entrance. This configuration can support independent access within the home.
Zoned R5, the property is listed for sale in Brooklyn, NY 11204.
A finished basement adds additional flexibility, including two bonus rooms, an additional full bathroom, and a separate front entrance. This configuration can support independent access within the home.
Zoned R5, the property is listed for sale in Brooklyn, NY 11204.
Key Highlights
- 1‑family masonry home built in 1920 with 3 bedrooms and 3 full bathrooms
- Finished basement includes a separate front entrance, 2 bonus rooms, and an additional full bathroom
- First floor features 1 bedroom, living room, eat‑in kitchen, and a full bathroom
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
$35,230
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
3.36%
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%
$704,600
$704.6K
Cap Rate 7%
$503,286
$503.3K
Cap Rate 9%
$391,444
$391.4K
Market Conditions
NOI Build-Up for 1,154 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
$65.4K $56.64/SF
− Vacancy
−$1.3K −$1.13/SF
EGI
$64.1K $55.51/SF
− OpEx
−$28.8K −$24.98/SF
NOI
$35.2K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
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%
$704,600
Cap Rate 7%
$503,286
Cap Rate 9%
$391,444
Alternative Uses
Best Use
Apartment 5plus
$503.3K
$440.4K – $587.2K
NOI $35,230 @ 7.0% cap · market cap 3.36%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$955.5K
$836.1K – $1.11M
NOI $66,886 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Single-family masonry home with three full bathrooms, finished basement, and an 18-ft-deep rear deck.
Where is this single family property 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‑family masonry home built in 1920 with 3 bedrooms and 3 full bathrooms; Finished basement includes a separate front entrance, 2 bonus rooms, and an additional full bathroom; First floor features 1 bedroom, living room, eat‑in kitchen, and a full bathroom
