Bergen Beach Two-Family Corner
For Sale
$1,285,000
1384 E 70th St, Brooklyn, NY 11234
Two-family corner property in Bergen Beach with finished basement.
Property Size2,850 SF
Lot Size0.09 Acres
Days on Market317
Property Features for 1384 E 70th St
General Information
Standard status
Active
Size
2,850 SF
Lot size
0.09 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$9,621
Building Details
Building Size
2,850 SF
Year Built
2004
Listing Agency:
Talk of the Town Realty Corp.
Listed By:
Bella Fuzailov
(718) 251-7400
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 5
Last Checked: Oct 11 at 7:47AM
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.
Investment Insights
Based on property information with market context.
This two-family corner property is located on Avenue N in Bergen Beach. The property features an owner's apartment with 4 bedrooms and 3 bathrooms. Additionally, there is a tenant apartment with 1 bedroom and 1 full bathroom. The property also includes a full finished basement with a separate entrance.
Key Highlights
- Two‑family corner property.
- Spacious 4‑bedroom, 3‑bathroom owner's apartment.
- Includes a 1‑bedroom, 1‑bathroom tenant apartment.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,812
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,996,240
$2.0M
Cap Rate 7%
$1,425,886
$1.4M
Cap Rate 9%
$1,109,022
$1.1M
Market Conditions
NOI Build-Up for 2,850 SF
Gross rent
$145.4K $51.00/SF
− Vacancy
−$2.8K −$0.97/SF
EGI
$142.6K $50.03/SF
− OpEx
−$42.8K −$15.01/SF
NOI
$99.8K $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%
$1,996,240
Cap Rate 7%
$1,425,886
Cap Rate 9%
$1,109,022
Alternative Uses
Best Use
Multifamily LT 5
$1.43M
$1.25M – $1.66M
NOI $99,812 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$1.24M
$1.09M – $1.45M
NOI $87,008 @ 7.0% cap · market cap 6.77%
Theoretical Best
Specialty Retail
$2.36M
$2.06M – $2.75M
NOI $165,186 @ 7.0% cap · market cap 12.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,810
Businesses Nearby
Explore this area
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
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family corner property in Bergen Beach with finished basement.
Where is this duplex located?
The property is located at 1384 E 70th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,285,000.
What are key features of this property?
This property features: Two‑family corner property.; Spacious 4‑bedroom, 3‑bathroom owner's apartment.; Includes a 1‑bedroom, 1‑bathroom tenant apartment.
