1746 Gerritsen Ave, Brooklyn, NY 11229
Multi-Unit (2-4) - Brooklyn, NY
- Added:
- Oct 1, 2025
- Days on Market:
- 254
- Last Refresh:
- Jun 11 at 8:06 am
Property Features for 1746 Gerritsen Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Living Room
- Parking features
- Garage
- Appliances
- Refrigerator
- Standard status
- Active
- Size
- 1,705 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7853
Utilities
- Heating system
- Natural Gas, Steam
Building Details
- Year built
- 1945
- Year renovated
- 1945
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Other
Listing agent Delton Cheng (718) 252-6060
Listing office CENTURY 21 HOMEFRONT 3048 NOSTRAND AVE, BROOKLYN, NY (718) 252-6060
Listing date Oct 1, 2025
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Spacious three‑bedroom duplex with one and a half baths.
- Two‑family home offering rental income potential from the studio garden apartment.
- Private driveway with garage and private rear yard.
- Excellent location in Marine Park near transportation (B44, B100, B2, B31 bus lines, B and Q trains).
- Features both front and rear patios for outdoor enjoyment.
- Solid brick construction.
Overview
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 | $87.0k | $51.00 |
| − Vacancy | −$1.7k | −$0.97 |
| EGI | $85.3k | $50.03 |
| − OpEx | −$25.6k | −$15.01 |
| NOI | $59.7k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.942905
- Latitude
- 40.608452
