Two-Family Duplex with
13 70th St, Brooklyn, NY 11209
For Sale
New
$1,200,000
Two separate apartments are delivered vacant, with a private garage and driveway serving the property.
Property Size1,606 SF
Lot Size0.05 Acres
Price / SF$747.20
Days on Market4
Property Features for 13 70th St
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Road Access
Public Transit
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
backyard
washer/dryer
Building Details
Building Size
Year Built
Units
Listing Agency:
Compass
Listed By:
Jeff M Reyngach · License NY #10301215104
(917) 533-8540
Source:
Elliman
Added: Nov 10
Last Checked: Nov 12 at 9:03AM
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 Compass
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Investment Insights
Based on property information with market context.
This two-family duplex contains approximately 1,606 square feet of living space on a 2,100-square-foot lot measuring 21 by 100 feet. The two apartments offer three bedrooms and two full bathrooms in total. The upper apartment has two bedrooms, while the lower apartment has one. Additional features include a washer and dryer, a private garage, a driveway, and a backyard with lawn, planting beds, mature lilac trees, and a two-zone sprinkler system. Built in 1945, the property is delivered vacant.
The property is at 13 70th St in Brooklyn’s Bay Ridge neighborhood. Express buses X27 and X37 stop one block away, and the R subway is a 10-minute walk. Manhattan-bound ferry service departs from the 69th Street pier. Third Avenue shops and cafes are also within walking distance.
The property is at 13 70th St in Brooklyn’s Bay Ridge neighborhood. Express buses X27 and X37 stop one block away, and the R subway is a 10-minute walk. Manhattan-bound ferry service departs from the 69th Street pier. Third Avenue shops and cafes are also within walking distance.
Key Highlights
- Two apartments with three bedrooms and two full bathrooms combined
- Approximately 1,606 square feet of living space on a 2,100‑square‑foot lot
- Private garage and driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,245
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,124,900
$1.1M
Cap Rate 7%
$803,500
$803.5K
Cap Rate 9%
$624,944
$624.9K
Market Conditions
NOI Build-Up for 1,606 SF
Gross rent
$81.9K $51.00/SF
− Vacancy
−$1.6K −$0.97/SF
EGI
$80.3K $50.03/SF
− OpEx
−$24.1K −$15.01/SF
NOI
$56.2K $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%
$1,124,900
Cap Rate 7%
$803,500
Cap Rate 9%
$624,944
Alternative Uses
Best Use
Multifamily LT 5
$803.5K
$703.1K – $937.4K
NOI $56,245 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$700.4K
$612.9K – $817.2K
NOI $49,030 @ 7.0% cap · market cap 4.09%
Theoretical Best
Specialty Retail
$1.33M
$1.16M – $1.55M
NOI $93,084 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,760
Businesses Nearby
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Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate apartments are delivered vacant, with a private garage and driveway serving the property.
Where is this duplex located?
The property is located at 13 70th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two apartments with three bedrooms and two full bathrooms combined; Approximately 1,606 square feet of living space on a 2,100‑square‑foot lot; Private garage and driveway
