Renovated Two-Family
1230 E 73rd Street Brooklyn, NY 11234
1230 E 73rd Street, Brooklyn, NY, 11234
$1,459,000
For Sale
$1,459,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,600 SF
Lot Size0.05 Acres
Price / SF$405.28
Days on Market108
Property Features for 1230 E 73rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 7
- Bathrooms
- 6
- Rooms
- Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 6, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 7, Bathroom 5, Bathroom 2
- Patio and Porch features
- Porch
- Interior features
- Central Air - Split, Dishwasher, Dryer, Garage Door Opener(s), Laundry Area, Microwave, Porch, Stove, Terrace, Washer
- Basement
- Finished
- Standard status
- Active
- Size
- 3,600 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8442
Building Details
- Year built
- 1970
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Carpet, Hardwood, Laminate
- Building materials
- Brick
- Roof type
- Flat
Listing agency
Bergen Basin Realty LLC
(718) 763-4110
Listed by
Joanna Pizzolorusso
(718) 763-4110
Added: Apr 6 Updated: Jul 11 at 6:33PM Checked: Jul 22 at 3:06PM
MLS# 500249
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 move-in ready two-family residence offers a spacious open floor plan with newly renovated kitchens and bathrooms throughout. The owner’s apartment is configured with three bedrooms and three bathrooms, and includes a finished basement with access to a private backyard for entertaining. The top-floor apartment is also newly renovated and features three bedrooms and two bathrooms, along with a private balcony.
Located in Brooklyn’s Bergen Beach/Georgetown area, the property is described as conveniently near schools, shopping, and transportation. It is zoned R5, supporting residential use consistent with a two-family setup.
For buyers seeking an owner-occupied option, the layout provides separate living spaces with dedicated outdoor areas, including the private backyard and the upstairs balcony. Investors can also consider the property’s dual-apartment configuration, with both units presented as newly renovated and move-in ready based on the information provided.
Located in Brooklyn’s Bergen Beach/Georgetown area, the property is described as conveniently near schools, shopping, and transportation. It is zoned R5, supporting residential use consistent with a two-family setup.
For buyers seeking an owner-occupied option, the layout provides separate living spaces with dedicated outdoor areas, including the private backyard and the upstairs balcony. Investors can also consider the property’s dual-apartment configuration, with both units presented as newly renovated and move-in ready based on the information provided.
Key Highlights
- 2‑family home built in 1970 with brick construction and a flat roof
- Owner’s apartment: 3 bedrooms and 3 bathrooms, plus a finished basement with access to a private backyard
- Top floor apartment: 3 bedrooms and 2 bathrooms, with a balcony
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 | $183.6k | $51.00 |
| − Vacancy | −$3.5k | −$0.97 |
| EGI | $180.1k | $50.03 |
| − OpEx | −$54.0k | −$15.01 |
| NOI | $126.1k | $35.02 |
3,600 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.80M
$1.58M – $2.10M
NOI $126,078 @ 7.0% cap · market cap 8.64%
Second Best
Apartment 5plus
$1.57M
$1.37M – $1.83M
NOI $109,904 @ 7.0% cap · market cap 7.53%
Theoretical Best
Specialty Retail
$2.98M
$2.61M – $3.48M
NOI $208,656 @ 7.0% cap · market cap 14.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - A move-in ready two-family home featuring renovated kitchens and bathrooms plus a backyard and balcony.
Where is this duplex located?
The property is located at 1230 E 73rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,459,000.
What are key features of this property?
This property features: 2‑family home built in 1970 with brick construction and a flat roof; Owner’s apartment: 3 bedrooms and 3 bathrooms, plus a finished basement with access to a private backyard; Top floor apartment: 3 bedrooms and 2 bathrooms, with a balcony
