Updated Duplex with Finished
For Sale
$830,000
2063 E 71st Street, Brooklyn, NY 11234
Residential, Duplex, Brooklyn, NY
Property Size2,106 SF
Lot Size0.05 Acres
Price / SF$394.11
Days on Market63
Property Features for 2063 E 71st Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 2, Bathroom 1
Interior features
Refrigerator, Stove
Basement
Full, Finished
Subdivision
Bergen Beach
Standard status
Active
Size
2,106 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
6928
Amenities
private backyard
rear porch
private parking
split A/C system
laundry area
Building Details
Year built
1960
Floors in Building
2
Flooring type
Tile, Hardwood
Architectural style
Other
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Michelle J. Zhang · License #MZ4172
(646) 937-2188
Added: Aug 7
Changed: Oct 3
Last Checked: Oct 8 at 8:06PM
MLS# 503604
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 semi-detached duplex offers 2,106 square feet of residential space on a 0.0528-acre lot. The home includes three bedrooms and three bathrooms, with hardwood and tile flooring throughout. The main level provides living and dining areas, an updated kitchen with refrigerator and stove, a half bathroom, and access to a rear porch and private backyard. The upper floor contains three bedrooms and a full bathroom.
A finished basement adds a separate entrance, open recreation area, bathroom, laundry area, and adaptable space for an office, gym, entertainment room, or storage. The property also includes private parking, an updated heating system, and split A/C. Built in 1960 and zoned R3-1, the residence is located at 2063 E 71st Street in Brooklyn, near B3 bus service, subway connections, Belt Parkway access, Bergen Beach Park, shopping, dining, and neighborhood amenities.
A finished basement adds a separate entrance, open recreation area, bathroom, laundry area, and adaptable space for an office, gym, entertainment room, or storage. The property also includes private parking, an updated heating system, and split A/C. Built in 1960 and zoned R3-1, the residence is located at 2063 E 71st Street in Brooklyn, near B3 bus service, subway connections, Belt Parkway access, Bergen Beach Park, shopping, dining, and neighborhood amenities.
Key Highlights
- 2,106 square feet on a 0.0528‑acre lot
- Three bedrooms and three bathrooms across the home
- Finished basement with separate entrance, bathroom, laundry area, and open recreation space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,756
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,475,120
$1.5M
Cap Rate 7%
$1,053,657
$1.1M
Cap Rate 9%
$819,511
$819.5K
Market Conditions
NOI Build-Up for 2,106 SF
Gross rent
$107.4K $51.00/SF
− Vacancy
−$2.0K −$0.97/SF
EGI
$105.4K $50.03/SF
− OpEx
−$31.6K −$15.01/SF
NOI
$73.8K $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 Rate 5%
$1,475,120
Cap Rate 7%
$1,053,657
Cap Rate 9%
$819,511
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$922.0K – $1.23M
NOI $73,756 @ 7.0% cap · market cap 8.89%
Second Best
Apartment 5plus
$918.5K
$803.7K – $1.07M
NOI $64,294 @ 7.0% cap · market cap 7.75%
Theoretical Best
Specialty Retail
$1.74M
$1.53M – $2.03M
NOI $122,064 @ 7.0% cap · market cap 14.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,215
Businesses Nearby
Explore this area
Business Placement
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
Median Home Value
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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 - Semi-detached duplex with private parking, outdoor space, updated interiors, and flexible lower-level area.
Where is this duplex located?
The property is located at 2063 E 71st Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: 2,106 square feet on a 0.0528‑acre lot; Three bedrooms and three bathrooms across the home; Finished basement with separate entrance, bathroom, laundry area, and open recreation space
