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Two-Family Duplex with Private Driveway
New
For Sale
$2,188,888

1030 73rd Street, Brooklyn, NY 11228

MULTI_FAMILY - Brooklyn, NY

Property Size2,437 SF
Lot Size0.07 Acres
Price / SF$898.19
Days on Market4

Property Features for 1030 73rd Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4-1
Bedrooms 5
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 3, Bedroom 4
Patio and Porch features Porch, Deck
Interior features A/C Unit - Wall, A/C Unit - Window, Central Air - Split, Deck, Dishwasher, Dryer, Laundry Area, Microwave, Porch, Refrigerator, Stove, Terrace, Washer
Basement Finished
Subdivision Bensonhurst
Standard status Active
Size 2,437 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 11374

Amenities

hardwood floors
split ductless A/C and heating units
front porch
second-floor front and rear terraces
rear patio
finished paver backyard
finished tiled basement
electric car charger

Building Details

Year built 1905
Floors in Building 3
Flooring type Ceramic, Hardwood
Building materials Brick, Wood Frame
Architectural style Victorian
Listing Agency: Ben Bay Rlty Co of Ave U LLC
Listed By: Joseph F. Girgenti
Added: Jul 28 Changed: Jul 30 Last Checked: Jul 31 at 11:06PM
MLS# 503024

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.

1030 73rd Street is a well-maintained two-family duplex on a 0.0717-acre lot, built in 1905. The home is currently delivered vacant and offers 5 bedrooms across three levels, including 3 bedrooms on the second floor and 2 bedrooms on the third floor. There are 2 full tiled bathrooms on the upper levels plus a convenient half bath on the main floor. Interior finishes include hardwood floors in the main living areas and ceramic flooring in select spaces.

The first floor features a living room, formal dining room, and a spacious eat-in kitchen. Upstairs, split ductless A/C and heating units provide year-round comfort on the second and third floors, supported by four-zone heating covering the basement, first, second, and third floors. A finished tiled basement adds flexible recreation or additional space.

Outdoor living is a highlight, with a front porch, second-floor front and rear terraces, a rear patio, and a finished paver backyard. Off-street parking is available via a private driveway accommodating up to three cars, plus an electric car charger. The home also includes split central air and a wall/window A/C unit, along with appliances and laundry area.

Key Highlights

  • 0.0717‑acre lot and 2,437 SF two‑family duplex built in 1905
  • 5 bedrooms with 3 bedrooms on the second floor and 2 bedrooms on the third floor
  • 2 full tiled bathrooms plus a half bath on the main floor

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 $124.3k $51.00
− Vacancy −$2.4k −$0.97
EGI $121.9k $50.03
− OpEx −$36.6k −$15.01
NOI $85.3k $35.02
2,437 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.22M
$1.07M – $1.42M (±1% cap)
NOI $85,348 @ 7.0% cap · market cap 3.90%
Second Best
Apartment 5plus
$1.06M
$930.0K – $1.24M (±1% cap)
NOI $74,399 @ 7.0% cap · market cap 3.40%
Theoretical Best
Specialty Retail
$2.02M
$1.77M – $2.35M (±1% cap)
NOI $141,249 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Hotel & Motel Gym & Fitness Center Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,439
Businesses Nearby

Demographics for 11228, NY

45,906
Population
16,336
Households
2.8
Avg Household Size
41
Median Age
37%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
30,604
Density / Sq Mi
$80,737
Median Household Income
$47,062
Median Earnings
$1,828
Median Rent
$1,131,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - R4-1 zoned two-family duplex with terraces, finished basement, and a private driveway for up to three cars.
Where is this duplex located?
The property is located at 1030 73rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,188,888.
What are key features of this property?
This property features: 0.0717‑acre lot and 2,437 SF two‑family duplex built in 1905; 5 bedrooms with 3 bedrooms on the second floor and 2 bedrooms on the third floor; 2 full tiled bathrooms plus a half bath on the main floor
More about this property
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