1153 71st Street, Brooklyn, NY 11228
MULTI_FAMILY - Brooklyn, NY
- Added:
- Jun 8, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 10 at 10:06 pm
Property Features for 1153 71st Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5B
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bedroom 7, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2
- Basement
- Finished
- Standard status
- Active
- Size
- 3,660 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5458
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Tile
- Building materials
- Brick
- Roof type
- Flat
Listing agent Filomena D'Agnese (718) 236-1800
Listing office Brooklyn4U Rltyof DykerHeights 7505 13th Ave, Brooklyn, NY (718) 236-1800
Listing date Jun 8, 2026
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
- 3‑family brick home with tile flooring and a flat roof, built in 1920
- Two 2‑bedroom apartments plus one 3‑bedroom apartment
- Shared driveway with 2 parking spots in the backyard
- Property delivered vacant at closing
Overview
The home sits on a 0.0574-acre lot and is zoned R5B. Parking is handled via a shared driveway with two parking spots in the backyard, supporting resident and tenant vehicle needs.
For buyers looking for a multi-unit residential building, the unit mix offers flexible tenant targeting, with both 2-bedroom and 3-bedroom configurations in place. Because the property is delivered vacant at closing, an owner has the ability to set occupancy and lease-up timing without relying on existing tenant transitions. The shared driveway and limited on-site parking are practical considerations for tenant fit and everyday operations.
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 | $186.7k | $51.00 |
| − Vacancy | −$3.5k | −$0.97 |
| EGI | $183.1k | $50.03 |
| − OpEx | −$54.9k | −$15.01 |
| NOI | $128.2k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.007879
- Latitude
- 40.624568
