Brick Duplex with Private
For Sale
$2,300,000
Pending
971 66th St, Brooklyn, NY 11219
Separate three- and four-bedroom floors are complemented by a finished basement with its own front entrance.
Property Size3,300 SF
Lot Size0.07 Acres
Days on Market25
Property Features for 971 66th St
General Information
Standard status
Pending
Size
3,300 SF
Lot size
0.07 Acres
Property subtype
Multi Family
Units
Unit Mix
1 x 3BR, 1 x 4BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$10,648
Building Details
Building Size
3,300 SF
Year Built
1925
Buildings
1
Stories
2
Construction
full-brick
Listing Agency:
Womcore LLC dba Remax Edge
Listed By:
Michelle J. Zhang · License #MZ4172
(718) 612-3088
Source:
Elliman
Added: Sep 24
Changed: Oct 3
Last Checked: Oct 16 at 11:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Womcore LLC dba Remax Edge
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Investment Insights
Based on property information with market context.
This full-brick duplex, built in 1925, has a three-bedroom first-floor layout and a four-bedroom second-floor layout. The finished basement has high ceilings, a separate entrance at the front, and direct access to the backyard. The property occupies a 30-by-100-foot lot, with an approximately 20-by-55-foot building and a 10-foot-wide private driveway that accommodates multiple vehicles.
The property is near Fort Hamilton Parkway, with shopping, supermarkets, restaurants, parks, and public transportation in the surrounding area. Brooklyn’s 8th Avenue shopping and dining corridor is also nearby. Walk Score is 92, Transit Score is 80, and Bike Score is 55.
The property is near Fort Hamilton Parkway, with shopping, supermarkets, restaurants, parks, and public transportation in the surrounding area. Brooklyn’s 8th Avenue shopping and dining corridor is also nearby. Walk Score is 92, Transit Score is 80, and Bike Score is 55.
Key Highlights
- Full‑brick duplex built in 1925
- Three‑bedroom first‑floor layout and four‑bedroom second‑floor layout
- Finished, high‑ceiling basement with separate front entrance and backyard access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,301
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,906,020
$1.9M
Cap Rate 7%
$1,361,443
$1.4M
Cap Rate 9%
$1,058,900
$1.1M
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$142.6K $43.20/SF
− Vacancy
−$6.4K −$1.94/SF
EGI
$136.1K $41.26/SF
− OpEx
−$40.8K −$12.38/SF
NOI
$95.3K $28.88/SF
Area
ZIP 11219
Vacancy
4.50%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,906,020
Cap Rate 7%
$1,361,443
Cap Rate 9%
$1,058,900
Alternative Uses
Best Use
Multifamily LT 5
$1.36M
$1.19M – $1.59M
NOI $95,301 @ 7.0% cap · market cap 4.14%
Second Best
Apartment 5plus
$1.22M
$1.07M – $1.43M
NOI $85,547 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$2.14M
$1.87M – $2.50M
NOI $149,751 @ 7.0% cap · market cap 6.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,582
Businesses Nearby
Explore this area
Business Placement
Demographics for 11219, NY
103,447
Population
27,973
Households
3.7
Avg Household Size
27
Median Age
21%
College-Educated
70%
High-School Grad
1.5 sq mi
ZIP Area
68,965
Density / Sq Mi
$55,685
Median Household Income
$30,647
Median Earnings
$1,678
Median Rent
$1,086,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate three- and four-bedroom floors are complemented by a finished basement with its own front entrance.
Where is this duplex located?
The property is located at 971 66th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Full‑brick duplex built in 1925; Three‑bedroom first‑floor layout and four‑bedroom second‑floor layout; Finished, high‑ceiling basement with separate front entrance and backyard access
