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    Renovated Two-Family House in Brooklyn Title is generated by Realmo AI

    473 77th Street, Brooklyn, NY 11209

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    Claim this Listing
    For Sale
    $1,850,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    3,134 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $590/SF
    Added:
    Jun 17, 2024
    Days on Market:
    735
    Last Refresh:
    Jun 21 at 12:06 pm

    Property Features for 473 77th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R6B
    Bedrooms
    9
    Bathrooms
    5
    Rooms
    Bedroom 7, Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 8, Bedroom 9, Bedroom 6, Bedroom 3, Bathroom 4, Bedroom 1
    Basement
    Finished
    Standard status
    Active
    Size
    3,134 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    10550

    Building Details

    Year built
    1920
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Hardwood, Tile
    Building materials
    Wood Frame
    Roof type
    Shingle

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    Listing Contact
    Phoebe F. Burger
    Phoebe F. Burger

    Listing agent Phoebe F. Burger License #PFB1940

    Listing office Ben Bay Realty Co 8304 13th Ave, Brooklyn, NY

    Listing date Jun 17, 2024

    MLS# 483960 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

    • Newly renovated detached 2‑family home (4 stories) with 9 total bedrooms and 4.5 total bathrooms
    • Building size 25x46 on a 29x80 lot (zoned R6B)
    • Separated heating and hot water
    • Wood frame construction with shingle roof
    • Hardwood and tile flooring throughout
    • Near R train and shopping

    Overview

    This is a newly renovated detached two-family house located in Bay Ridge, Brooklyn. The building dimensions are 25x46, situated on a lot measuring 29x80. The property is zoned R6B. The building features a total of 4 stories, with 9 bedrooms and 4.5 bathrooms. It has separated heating and hot water systems. The property is located near the R train and shopping areas. It is suitable for both owner-occupancy and investment purposes. The property size is 3134 Square Feet and the lot size is 0.0536 acres.

    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 $159.8k $51.00
    − Vacancy −$3.0k −$0.97
    EGI $156.8k $50.03
    − OpEx −$47.0k −$15.01
    NOI $109.8k $35.02
    3,134 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.57M
    $1.37M – $1.83M (±1% cap)
    NOI $109,758 @ 7.0% cap · market cap 5.93%
    Second Best
    Apartment 5plus
    $1.37M
    $1.20M – $1.59M (±1% cap)
    NOI $95,678 @ 7.0% cap · market cap 5.17%
    Theoretical Best
    Specialty Retail
    $2.59M
    $2.27M – $3.03M (±1% cap)
    NOI $181,647 @ 7.0% cap · market cap 9.82%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.023568
    Latitude
    40.628406

    FAQs

    What type of property is this?
    Duplex - Newly renovated two-family house in Bay Ridge, Brooklyn.
    Where is this duplex located?
    The property is located at 473 77th Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: Newly renovated detached 2‑family home (4 stories) with 9 total bedrooms and 4.5 total bathrooms; Building size 25x46 on a 29x80 lot (zoned R6B); Separated heating and hot water
    More about this property
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