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Six-Unit Brick Apartment Building
For Sale
$1,670,000

1312 66th Street, Brooklyn, NY 11219

Commercial Sale, Brooklyn, NY

Property Size4,200 SF
Lot Size0.05 Acres
Price / SF$397.62
Days on Market102

Property Features for 1312 66th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R6B
Rooms Basement
Basement Full
Elementary school district Brooklyn 13
Middle school district Brooklyn 13
High school district Brooklyn 13
Standard status Active
APN 05761-0011
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 16473

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Steam
Water source Public

Building Details

Year built 1931
Floors in Building 3
Number of units 6
Building materials Brick
Listing Agency: EXP Realty
Listed By: Rong Xu Yu
Added: Jul 15 Changed: Oct 5 Last Checked: Oct 24 at 8:06PM
MLS# 1017180

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1931 brick apartment building contains 4,200 square feet across three stories and is configured as a legal six-family property. The unit mix includes five two-bedroom apartments and one one-bedroom apartment. Four units are vacant, while two are occupied. The building has a north-facing orientation, a basement, steam heat, a new water heater, and a roof described as being in great condition. Public water and public sewer serve the property, with natural gas available.

Located at 1312 66th Street in Brooklyn, the property is within a close 5-minute walk of the 62nd Street station serving the D train. The parcel measures 20 X 100, and the building footprint is 20 X 70. The property is zoned R6B and has no HPD or DOB violations reported in the available information.

Key Highlights

  • Legal six‑family property with five 2‑bedroom units and one 1‑bedroom unit
  • 4 vacant units and 2 occupied units
  • 4,200 square feet on a 20 X 100 lot; building measures 20 X 70

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$108,879
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,177,580 $2.2M
Cap Rate 7%
$1,555,414 $1.6M
Cap Rate 9%
$1,209,767 $1.2M
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$206.6K $49.20/SF
− Vacancy
−$8.7K −$2.07/SF
EGI
$198.0K $47.13/SF
− OpEx
−$89.1K −$21.21/SF
NOI
$108.9K $25.92/SF
Area
ZIP 11219
Vacancy
4.20%
Lease Rate
$49.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,177,580
Cap Rate 7%
$1,555,414
Cap Rate 9%
$1,209,767

Alternative Uses

Best Use
Apartment 5plus
$1.56M
$1.36M – $1.81M (±1% cap)
NOI $108,879 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.72M
$2.38M – $3.18M (±1% cap)
NOI $190,593 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

4,405
Businesses Nearby

Demographics for 11219, NY

103,447
Population
27,973
Households
3.7
Avg Household Size
27
Median Age
21%
College-Educated
70%
High-School Grad
1.5 sq mi
ZIP Area
68,965
Density / Sq Mi
$55,685
Median Household Income
$30,647
Median Earnings
$1,678
Median Rent
$1,086,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Three-story multifamily property with a six-unit layout, public utilities, and a mix of one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 1312 66th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,670,000.
What are key features of this property?
This property features: Legal six‑family property with five 2‑bedroom units and one 1‑bedroom unit; 4 vacant units and 2 occupied units; 4,200 square feet on a 20 X 100 lot; building measures 20 X 70
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