Brick Duplex With Finished
For Sale
$1,379,000
1269 E 70th St, Brooklyn, NY 11234
Two-apartment brick residence with renovated kitchens, central air, and a finished lower level.
Property Size3,448 SF
Lot Size0.12 Acres
Days on Market64
Property Features for 1269 E 70th St
General Information
Standard status
Active
Size
3,448 SF
Lot size
0.12 Acres
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$11,939
Amenities
finished basement
refrigerator
dishwasher
stove
oven
central air
newer boiler and hot water tank
French doors
glass shower enclosures
huge pantry/laundry option
window treatments
brand-new 20' x 20' Trex deck with sprinklers
camera system
Building Details
Building Size
3,448 SF
Year Built
1970
Buildings
1
Stories
2
Construction
brick
Listing Agency:
Talk of the Town Realty Corp.
Listed By:
Arlene Peldman
(718) 251-7400
Source:
Elliman
Added: Aug 25
Changed: Oct 25
Last Checked: Oct 26 at 5:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Talk of the Town Realty Corp.
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Investment Insights
Based on property information with market context.
This semi-detached brick duplex, built in 1970, contains two apartments with a combined 7 bedrooms, 5 full bathrooms, and a finished basement with an additional half bath. Each unit has a renovated kitchen with a refrigerator, dishwasher, stove, and oven. The property also includes central air, a newer boiler and hot water tank, French doors, glass shower enclosures, window treatments, and a substantial pantry or laundry area.
The parcel measures 31' x 170' and includes a new 20' x 20' Trex deck, sprinkler system, and cameras throughout the property. Located at 1269 E 70th St in Brooklyn, the home has a walk score of 93, a transit score of 79, and a bike score of 58.
The parcel measures 31' x 170' and includes a new 20' x 20' Trex deck, sprinkler system, and cameras throughout the property. Located at 1269 E 70th St in Brooklyn, the home has a walk score of 93, a transit score of 79, and a bike score of 58.
Key Highlights
- Two‑apartment brick duplex built in 1970
- 7 bedrooms, 5 full bathrooms, and an additional half bath in the finished basement
- 31' x 170' property with a new 20' x 20' Trex deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$120,755
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,415,100
$2.4M
Cap Rate 7%
$1,725,071
$1.7M
Cap Rate 9%
$1,341,722
$1.3M
Market Conditions
NOI Build-Up for 3,448 SF
Gross rent
$175.8K $51.00/SF
− Vacancy
−$3.3K −$0.97/SF
EGI
$172.5K $50.03/SF
− OpEx
−$51.8K −$15.01/SF
NOI
$120.8K $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%
$2,415,100
Cap Rate 7%
$1,725,071
Cap Rate 9%
$1,341,722
Alternative Uses
Best Use
Multifamily LT 5
$1.73M
$1.51M – $2.01M
NOI $120,755 @ 7.0% cap · market cap 8.76%
Second Best
Apartment 5plus
$1.50M
$1.32M – $1.75M
NOI $105,264 @ 7.0% cap · market cap 7.63%
Theoretical Best
Specialty Retail
$2.85M
$2.50M – $3.33M
NOI $199,846 @ 7.0% cap · market cap 14.49%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,242
Businesses Nearby
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Business Placement
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-apartment brick residence with renovated kitchens, central air, and a finished lower level.
Where is this duplex located?
The property is located at 1269 E 70th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,379,000.
What are key features of this property?
This property features: Two‑apartment brick duplex built in 1970; 7 bedrooms, 5 full bathrooms, and an additional half bath in the finished basement; 31' x 170' property with a new 20' x 20' Trex deck
