6-Unit Brick Apartment
For Sale
$1,670,000
1312 66th Street, Brooklyn, NY 11219
Three-story residential property with R6B zoning and a six-unit legal configuration.
Property Size4,200 SF
Lot Size0.05 Acres
Price / SF$397.62
Days on Market102
Property Features for 1312 66th Street
General Information
Standard status
Active
Size
4,200 SF
Lot size
0.05 Acres
Property subtype
Commercial
Zoning
R6B
Units
Unit Mix
5 x 2BR, 1 x 1BR
Multifamily Units
6
Additional Details
Public Transit
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$16,473
Building Details
Building Size
4,200 SF
Year Built
1931
Stories
3
Units
6
Construction
brick
Listing Agency:
EXP Realty
(888) 276-0630
Listed By:
Rong Xu Yu
(917) 807-4088
Source:
Croninreale
Added: Jul 15
Changed: Oct 23
Last Checked: Oct 23 at 5:31PM
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 EXP Realty
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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. Its 20-by-70-foot footprint sits on a 20-by-100-foot lot, and the legal six-unit layout comprises five two-bedroom apartments and one one-bedroom apartment. Four units are vacant and two are occupied. Building features include a roof described as being in great condition, a functioning boiler, and a recently installed water heater.
The property is in Dyker Heights, Brooklyn, and the 62nd Street station serving the D train is a five-minute walk away. The building is zoned R6B.
The property is in Dyker Heights, Brooklyn, and the 62nd Street station serving the D train is a five-minute walk away. The building is zoned R6B.
Key Highlights
- Legal six‑family configuration with four vacant units and two occupied units
- 4,200‑square‑foot building on a 20‑by‑100‑foot lot
- Five two‑bedroom apartments and one one‑bedroom apartment
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
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
NOI $190,593 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
4,405
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Three-story residential property with R6B zoning and a six-unit legal configuration.
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 configuration with four vacant units and two occupied units; 4,200‑square‑foot building on a 20‑by‑100‑foot lot; Five two‑bedroom apartments and one one‑bedroom apartment
