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    Brooklyn Six-Family Home For Sale Title is generated by Realmo AI

    1748 79th Street, Brooklyn, NY 11214

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    Claim this Listing
    For Sale
    $1,750,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    5,250 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $333/SF
    Added:
    Jul 15, 2025
    Days on Market:
    343
    Last Refresh:
    Jun 22 at 12:06 am

    Property Features for 1748 79th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R5
    Bathrooms
    6
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bathroom 6
    Interior features
    Refrigerator
    Basement
    Unfinished
    Standard status
    Active
    Size
    5,250 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    19267

    Building Details

    Year built
    1931
    Floors in Building
    3
    Number of units
    6
    Flooring type
    Hardwood, Tile
    Building materials
    Brick
    Roof type
    Flat

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    Listing Contact
    Yuexin Chen

    Listing agent Yuexin Chen

    Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY

    Listing date Jul 15, 2025

    MLS# 494234 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

    • Solid brick six‑family home (25' x 70') on a 25' x 100' lot, built in 1931
    • Three full stories plus a basement, with six units total
    • Each unit is 2 bed / 1 bath, with a gas boiler/furnace and water heater
    • Recent brick repointing and roof replacement completed within the past few years
    • Interior features include refrigerator; flooring includes hardwood and tile
    • Flat roof

    Overview

    This solid brick six-family home measures 25 feet by 70 feet and is situated on a 25 foot by 100 foot lot. The building spans three full stories plus a basement, offering a commanding and spacious layout. Each of the six units contains two bedrooms and one bathroom, featuring sunny, well-designed floorplans. Each unit is equipped with its own gas boiler/furnace and water heater, enabling tenant-level control, eliminating shared-utility disputes, and allowing for efficient submetering. The property has been meticulously maintained, with recent brick repointing and a roof replacement completed within the past few years, significantly reducing deferred maintenance and capital expenditure obligations. Located in a high-demand, transit-rich neighborhood in Brooklyn, New York, the building offers immediate access to high-performing schools, supermarkets, and train lines. The property contains 5,250 square feet and is zoned R5.

    Local Financial Insights For Apartment 5plus

    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 $242.6k $46.20
    − Vacancy −$9.2k −$1.76
    EGI $233.3k $44.44
    − OpEx −$105.0k −$20.00
    NOI $128.3k $24.44
    5,250 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.83M
    $1.60M – $2.14M (±1% cap)
    NOI $128,333 @ 7.0% cap · market cap 7.33%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.06M
    $2.68M – $3.57M (±1% cap)
    NOI $214,381 @ 7.0% cap · market cap 12.25%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -73.999681
    Latitude
    40.611635

    FAQs

    What type of property is this?
    Apartment building - Spacious six-family home in a transit-rich Brooklyn neighborhood.
    Where is this apartment building located?
    The property is located at 1748 79th Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Solid brick six‑family home (25' x 70') on a 25' x 100' lot, built in 1931; Three full stories plus a basement, with six units total; Each unit is 2 bed / 1 bath, with a gas boiler/furnace and water heater
    More about this property
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