Brooklyn Multifamily with Vacant
1250 E 69th Street, Brooklyn, NY 11234
MULTI_FAMILY - Brooklyn, NY
Property size:
3,562 SFLot size:
0.10 AcresPrice / SF:
$364/SF- Added:
- May 13, 2026
- Days on Market:
- 19
- Last Refresh:
- May 31 at 11:06 am
Property Features for 1250 E 69th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3-2
- Bedrooms
- 8
- Bathrooms
- 5
- Rooms
- Bedroom 7, Bathroom 4, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 8, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 5, Bathroom 1, Bedroom 6
- Patio and Porch features
- Porch, Patio
- Interior features
- A/C Unit - Wall, A/C Unit - Window, Dishwasher, Dryer, Garage Door Opener(s), Laundry Area, Microwave, Patio Garden, Porch, Refrigerator, Stove, Terrace, Washer, Window Treatments
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 3,562 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 12287
Building Details
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing agent Tammy Barmack (718) 763-4110
Listing office Bergen Basin Realty LLC 5817 Avenue N, Brooklyn, NY (718) 763-4110
Listing date May 13, 2026
MLS# 501396
Listing URL
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
- Delivered Vacant: Ready for immediate occupancy or renovation.
- Oversized Lot: Situated on a large 30x150 lot, offering ample outdoor space.
- Multi‑Family with Hospitality Suite: Features a 6 1/2 over 6 1/2 layout plus a separate 2‑bedroom hospitality suite, ideal for multi‑generational living or rental income.
- Private Parking: Includes private parking for up to three cars, a rare amenity in Brooklyn.
- Finished Basement: Offers a fully finished basement, providing additional usable living space.
- Prime Georgetown Location: Located in the desirable Georgetown area of Brooklyn.
Overview
This semi-detached, all-brick multi-family split-level home is located in the Georgetown area of Brooklyn. Situated on an oversized 30x150 lot, the property features a 6 1/2 over 6 1/2 layout, plus a separate 2-bedroom hospitality suite. The property can be delivered vacant. Each apartment includes three bedrooms, a large living room, a formal dining room, and one and a half baths. The fully finished basement provides additional usable space. The property includes a spacious backyard and private parking for up to three cars. The property offers flexibility for multi-generational living or investment potential. The property size is 3562 square feet and the lot size is 0.1027 acres.
Local Financial Insights For Apartment 5plus
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 | $201.8k | $56.64 |
| − Vacancy | −$4.0k | −$1.13 |
| EGI | $197.7k | $55.51 |
| − OpEx | −$89.0k | −$24.98 |
| NOI | $108.7k | $30.53 |
3,562 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.55M
$1.36M – $1.81M
NOI $108,744 @ 7.0% cap · market cap 8.37%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.95M
$2.58M – $3.44M
NOI $206,454 @ 7.0% cap · market cap 15.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.91522
- Latitude
- 40.624159
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Spacious Brooklyn multifamily home in Georgetown with investment potential.
Where is this multifamily property located?
The property is located at 1250 E 69th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Delivered Vacant: Ready for immediate occupancy or renovation.; Oversized Lot: Situated on a large 30x150 lot, offering ample outdoor space.; Multi‑Family with Hospitality Suite: Features a 6 1/2 over 6 1/2 layout plus a separate 2‑bedroom hospitality suite, ideal for multi‑generational living or rental income.
