Two-Family Duplex with Finished
For Sale
$1,285,000
1384 E 70th Street, Brooklyn, NY 11234
Residential, Duplex, Brooklyn, NY
Property Size2,850 SF
Lot Size0.09 Acres
Price / SF$450.88
Days on Market392
Property Features for 1384 E 70th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
r3-1
Bathrooms
5
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 5, Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 2
Parking features
Garage - Attached
Patio and Porch features
Deck, Porch
Interior features
Central Air, Deck, Dishwasher, Fireplace, Garage Door Opener(s), Laundry Area, Microwave, Porch, Refrigerator, Stove
Fireplace
1
Basement
Finished, Full
Subdivision
Bergen Beach
Standard status
Active
Size
2,850 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
9621
Building Details
Year built
2004
Number of units
2
Flooring type
Parquet Wood, Tile
Building materials
Brick, Wood Frame
Roof type
Shingle
Architectural style
Other
Listing Agency:
Talk of the Town Realty Corp.
Listed By:
Irina Koroleva-Fliorent
(718) 251-7400
Added: Oct 1, 2025
Changed: Oct 20
Last Checked: Oct 27 at 12:06PM
MLS# 496257
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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.
Built in 2004, this 2,850-square-foot duplex is configured with a four-bedroom, three-bath upper residence and a separate one-bedroom, one-bath apartment. The property also includes a fully finished basement with its own entrance, providing additional interior space and separation between areas of the home.
Construction combines brick and wood framing, with parquet wood and tile flooring. Interior features include central air, a fireplace, laundry area, dishwasher, microwave, refrigerator, and stove. An attached garage, deck, and porch are also included. The 0.0865-acre property is zoned R3-1 and is located in Brooklyn, NY 11234.
Construction combines brick and wood framing, with parquet wood and tile flooring. Interior features include central air, a fireplace, laundry area, dishwasher, microwave, refrigerator, and stove. An attached garage, deck, and porch are also included. The 0.0865-acre property is zoned R3-1 and is located in Brooklyn, NY 11234.
Key Highlights
- 2,850‑square‑foot two‑family duplex on a 0.0865‑acre lot
- Upper residence includes 4 bedrooms and 3 bathrooms
- Separate apartment offers 1 bedroom and 1 full bathroom
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.
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Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,381
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 - Brick two-family home with separate living areas, finished lower level, attached garage, and outdoor deck and porch.
Where is this duplex located?
The property is located at 1384 E 70th Street 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: 2,850‑square‑foot two‑family duplex on a 0.0865‑acre lot; Upper residence includes 4 bedrooms and 3 bathrooms; Separate apartment offers 1 bedroom and 1 full bathroom
