Triplex with Private
For Sale
$2,150,000
1149 70th Street, Brooklyn, NY 11228
Residential, Brooklyn, NY
Property Size3,300 SF
Lot Size0.06 Acres
Price / SF$651.52
Days on Market292
Property Features for 1149 70th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 1, Bathroom 2
Subdivision
Dyker Heights
Standard status
Active
Size
3,300 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
11000
Building Details
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
Ashford Homes LLC
(929) 364-1301
Listed By:
Jian An (Jay) Wang · License #10401274788
(718) 382-0005
Added: Dec 23, 2025
Changed: Oct 10
Last Checked: Oct 11 at 11:06AM
MLS# 498009
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 3,300-square-foot brick triplex contains three apartments: a two-bedroom, one-bath unit on the first floor and two three-bedroom, one-bath units above. Hardwood flooring is present, and the building has a flat roof. The property sits on 0.0551 acres and includes a private driveway and garage.
Shopping along 18th Avenue, restaurants, schools, parks, and transportation options are nearby. The address is 1149 70th Street in Brooklyn, New York.
Shopping along 18th Avenue, restaurants, schools, parks, and transportation options are nearby. The address is 1149 70th Street in Brooklyn, New York.
Key Highlights
- Three apartments: one two‑bedroom unit and two three‑bedroom units, each with one bathroom
- 3,300 square feet on a 0.0551‑acre lot
- Private driveway and garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,572
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,311,440
$2.3M
Cap Rate 7%
$1,651,029
$1.7M
Cap Rate 9%
$1,284,133
$1.3M
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$168.3K $51.00/SF
− Vacancy
−$3.2K −$0.97/SF
EGI
$165.1K $50.03/SF
− OpEx
−$49.5K −$15.01/SF
NOI
$115.6K $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%
$2,311,440
Cap Rate 7%
$1,651,029
Cap Rate 9%
$1,284,133
Alternative Uses
Best Use
Multifamily LT 5
$1.65M
$1.44M – $1.93M
NOI $115,572 @ 7.0% cap · market cap 5.38%
Second Best
Apartment 5plus
$1.44M
$1.26M – $1.68M
NOI $100,746 @ 7.0% cap · market cap 4.69%
Theoretical Best
Specialty Retail
$2.73M
$2.39M – $3.19M
NOI $191,268 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,829
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - Three apartments offer a mix of two- and three-bedroom layouts, with driveway parking and a garage.
Where is this triplex located?
The property is located at 1149 70th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Three apartments: one two‑bedroom unit and two three‑bedroom units, each with one bathroom; 3,300 square feet on a 0.0551‑acre lot; Private driveway and garage
