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Renovated Six-Unit Brick Apartment Building
New
For Sale
$2,070,000

1462 66th Street, Brooklyn, NY 11219

Residential, Brooklyn, NY

Property Size3,520 SF
Lot Size0.07 Acres
Price / SF$588.07
Days on Market4

Property Features for 1462 66th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 11
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 6, Bedroom 4, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 8, Bathroom 1, Bedroom 3, Bedroom 10, Bedroom 7, Bathroom 7, Bathroom 2, Bathroom 3, Bathroom 8, Bedroom 6, Bathroom 4, Bedroom 9, Bathroom 5, Bedroom 11
Parking features Garage - Detached
Interior features Central Air - Split
Basement Full, Finished
Subdivision Bensonhurst
Standard status Active
Size 3,520 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 17490

Amenities

private driveway
rear garage

Building Details

Number of units 5
Flooring type Hardwood
Roof type Flat
Listing Agency: Wolf Properties Inc
Listed By: Albert Zetune
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 17 at 10:06AM
MLS# 505348

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.

This three-story brick apartment building contains six residences and measures approximately 20 by 55 feet. The unit mix includes one three-bedroom, two-bath apartment and five two-bedroom apartments, with a combination of one- and two-bath layouts. A finished basement has 8-foot ceilings, and the property includes a detached rear garage and a private driveway 10 feet wide.

The building has undergone a gut renovation, including new electrical and plumbing systems, updated kitchens, and renovated bathrooms. Each apartment has its own electric meter, heating system, and hot water heater. The 3,520-square-foot property occupies a 30-by-100-foot lot in Brooklyn.

Key Highlights

  • Six apartments in a three‑story brick building
  • 3,520‑square‑foot building on a 30‑by‑100‑foot lot
  • Unit mix includes one 3‑bedroom, 2‑bath apartment and five 2‑bedroom apartments

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$91,251
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,825,020 $1.8M
Cap Rate 7%
$1,303,586 $1.3M
Cap Rate 9%
$1,013,900 $1.0M
Market Conditions
NOI Build-Up for 3,520 SF
Gross rent
$173.2K $49.20/SF
− Vacancy
−$7.3K −$2.07/SF
EGI
$165.9K $47.13/SF
− OpEx
−$74.7K −$21.21/SF
NOI
$91.3K $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%
$1,825,020
Cap Rate 7%
$1,303,586
Cap Rate 9%
$1,013,900

Alternative Uses

Best Use
Apartment 5plus
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,251 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.28M
$2.00M – $2.66M (±1% cap)
NOI $159,735 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Hotel & Motel Bar & Pub Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

4,126
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 - Separate heating systems, electric meters, and hot water heaters serve each apartment.
Where is this apartment building located?
The property is located at 1462 66th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,070,000.
What are key features of this property?
This property features: Six apartments in a three‑story brick building; 3,520‑square‑foot building on a 30‑by‑100‑foot lot; Unit mix includes one 3‑bedroom, 2‑bath apartment and five 2‑bedroom apartments
More about this property
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