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Bensonhurst 5-Family Brick Building

1464 66th Street Brooklyn, NY 11219

1464 66th Street, Brooklyn, NY, 11219
$1,550,000
For Sale
Claim this Listing
$1,550,000

MULTI_FAMILY - Brooklyn, NY

Property Size3,300 SF
Lot Size0.06 Acres
Price / SF$469.70
AddedMay 27
Days on Market51
Last RefreshJul 16 at 2:06 pm

Property Features for 1464 66th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
6
Bathrooms
5
Rooms
Bathroom 4, Bathroom 5, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 6, Bedroom 5, Bathroom 1, Bedroom 4, Bathroom 3
Interior features
Refrigerator, Stove
Basement
Full
Standard status
Active
Size
3,300 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Annual Amount
11485

Building Details

Year built
1920
Floors in Building
3
Number of units
5
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Rubber

Listing agent Phoebe F. Burger License #PFB1940

Listing office Ben Bay Realty Co 8304 13th Ave, Brooklyn, NY

Listing date May 27, 2026

MLS# 501787 Listing URL

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 semi-detached, five-family brick building is located in Bensonhurst, Brooklyn. The building dimensions are 20x55 feet, situated on a 25x100 foot lot. The property generates an annual rent of $86,568, with a projected annual rent of $114,024. Currently, only unit #3R is rent stabilized, while all other leases are set to expire on May 31, 2026. The property is zoned R5 and has property taxes of $11,485. The building contains 3,300 square feet. It is located near the N and D trains. This property presents a great investment opportunity.

Key Highlights

  • 5‑family brick building, 20 x 55 building size on a 25 x 100 lot
  • Annual rent $86,568; projected annual rent $114,024
  • Only unit #3R is rent stabilized; all other leases expire on 5/31/26

Local 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 $162.4k $49.20
− Vacancy −$6.8k −$2.07
EGI $155.5k $47.13
− OpEx −$70.0k −$21.21
NOI $85.5k $25.92
3,300 SF · lease $49.20/SF/yr · vacancy 4.20% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.22M
$1.07M – $1.43M (±1% cap)
NOI $85,547 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.14M
$1.87M – $2.50M (±1% cap)
NOI $149,751 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Parking Lot & Garage Real Estate Agency Bar & Pub Hotel & Motel Gym & Fitness Center Skin Care Clinic Nursing Home (Bike/Boat/Book/etc) Store Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Semi-detached, free-market, five-family brick building in Brooklyn.
Where is this apartment building located?
The property is located at 1464 66th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 5‑family brick building, 20 x 55 building size on a 25 x 100 lot; Annual rent $86,568; projected annual rent $114,024; Only unit #3R is rent stabilized; all other leases expire on 5/31/26
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