Six-Unit Apartment
1436 66th Street Brooklyn, NY 11219
For Sale
$1,750,000
MULTI_FAMILY - Brooklyn, NY
Property Size4,020 SF
Lot Size0.05 Acres
Price / SF$435.32
Days on Market8
Property Features for 1436 66th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 6, Bathroom 5, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 3, Bathroom 6
- Interior features
- Refrigerator, Stove
- Basement
- Unfinished
- Standard status
- Active
- Size
- 4,020 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11176
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Number of units
- 6
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Rubber
Listing Agency:
RE/MAX Edge
(718) 612-3088
Listed By:
Michelle J. Zhang · License #MZ4172
(718) 612-3088
Added: Jul 18
Changed: Jul 22
Last Checked: Jul 25 at 6:06PM
MLS# 503127
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.
Investment Insights
Based on property information with market context.
This six-unit apartment building is configured with five one-bedroom apartments and one studio apartment. The property presents a unit mix designed for rental income, with three apartments expected to be delivered vacant at closing, subject to the terms of the contract. Several units have been upgraded with clean, modern, move-in-ready interiors, offering flexibility for an owner to lease, improve, or reposition vacant units after purchase.
Located in Brooklyn near subway transportation and everyday neighborhood services, the building is described as convenient to supermarkets, restaurants, delis, shopping, schools, and other essentials. This accessibility supports consistent tenant demand for nearby residential amenities.
The offering is presented as an income-producing residential asset with existing units and potential for refreshed occupancy through the available vacant apartments at closing.
Located in Brooklyn near subway transportation and everyday neighborhood services, the building is described as convenient to supermarkets, restaurants, delis, shopping, schools, and other essentials. This accessibility supports consistent tenant demand for nearby residential amenities.
The offering is presented as an income-producing residential asset with existing units and potential for refreshed occupancy through the available vacant apartments at closing.
Key Highlights
- Building configured with five 1‑bedroom apartments and one studio apartment
- Three apartments are expected to be delivered vacant at closing, subject to contract terms
- Brick construction and rubber roof
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $197.8k | $49.20 |
| − Vacancy | −$8.3k | −$2.07 |
| EGI | $189.5k | $47.13 |
| − OpEx | −$85.3k | −$21.21 |
| NOI | $104.2k | $25.92 |
4,020 SF · lease $49.20/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.49M
$1.30M – $1.74M
NOI $104,212 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.61M
$2.28M – $3.04M
NOI $182,424 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Six-unit building with five one-bedrooms and one studio; three units are expected vacant at closing.
Where is this apartment building located?
The property is located at 1436 66th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Building configured with five 1‑bedroom apartments and one studio apartment; Three apartments are expected to be delivered vacant at closing, subject to contract terms; Brick construction and rubber roof
