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Brooklyn Two-Family Home with Yard

1471 E 68th Street Brooklyn, NY 11234

Claim this Listing
Pending
$1,198,000

MULTI_FAMILY - Brooklyn, NY

Property size:
2,236 SF
Lot size:
0.08 Acres
Added:
Apr 24, 2026
Days on Market:
81
Last Refresh:
Jul 13 at 9:06 pm

Property Features for 1471 E 68th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R3-1
Bedrooms
5
Bathrooms
5
Rooms
Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 5, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 1
Parking features
Garage, Driveway, On Street
Basement
Finished, Full
Standard status
Pending
Size
2,236 SF
Lot size
0.08 Acres

Taxes and HOA fees

Tax Annual Amount
9997

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air

Building Details

Year built
1986
Floors in Building
2
Number of units
2
Building materials
Aluminum Siding, Brick

Listing agent Ann Marie Guerra

Listing office Robert DeFalco Realty, Inc. 1678 Hylan Blvd., STATEN ISLAND, NY

Listing date Apr 24, 2026

MLS# 2602218 Listing URL

Copyright © 2026 Staten Island Board of Realtors. 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 two-family, semi-attached home is located in Brooklyn, NY. The property includes a full, finished basement that is semi above ground with windows and side access. The main living quarters feature 3 bedrooms, including a master bath, and an additional 2 full baths. A family room/den leads to a deck and a large yard on the 120-foot deep lot. The home has a new furnace and central air system for the main apartment. The tenant is responsible for their own gas, heat, and electric. In addition to a garage, the driveway provides space for 3 off-street parking spots. The property, zoned R3-1, is suitable for multi-generational family living or as an investment property. The property size is 2236 square feet and the lot size is 0.08 acres.

Key Highlights

  • Two‑family semi‑attached home with a fully finished, semi above‑ground basement
  • Main living quarters offer 3 bedrooms with a master bath and additional 2 full baths
  • Family room/den opens to a deck and a large yard on a 120' deep lot

Local Financial Insights For Multifamily LT 5

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 $114.0k $51.00
− Vacancy −$2.2k −$0.97
EGI $111.9k $50.03
− OpEx −$33.6k −$15.01
NOI $78.3k $35.02
2,236 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.12M
$978.9K – $1.31M (±1% cap)
NOI $78,309 @ 7.0% cap · market cap 6.54%
Second Best
Apartment 5plus
$975.2K
$853.3K – $1.14M (±1% cap)
NOI $68,263 @ 7.0% cap · market cap 5.70%
Theoretical Best
Specialty Retail
$1.85M
$1.62M – $2.16M (±1% cap)
NOI $129,599 @ 7.0% cap · market cap 10.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Spa & Massage Center Hair Salon Acupuncture Skin Care Clinic Barber Shop Computer & Electronic Repair Bar & Pub

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

FAQs

What type of property is this?
Duplex - Two-family home with finished basement, yard, and parking.
Where is this duplex located?
The property is located at 1471 E 68th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,198,000.
What are key features of this property?
This property features: Two‑family semi‑attached home with a fully finished, semi above‑ground basement; Main living quarters offer 3 bedrooms with a master bath and additional 2 full baths; Family room/den opens to a deck and a large yard on a 120' deep lot
Contact an agent
More about this property
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