Brick Duplex with
1518 74th Street, Brooklyn, NY 11228
For Sale
$1,880,000
Residential, Duplex, Brooklyn, NY
Property Size2,052 SF
Lot Size0.05 Acres
Price / SF$916.18
Days on Market53
Property Features for 1518 74th Street
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Interior features
Basement
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Century 21 Realty First
Listed By:
Girolamo S. Grillo
(718) 758-5838
Added: Sep 24
Changed: Nov 14
Last Checked: Nov 15 at 4:06PM
MLS# 504852
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,052-square-foot, semi-detached brick duplex contains two apartments and was built in 1925. The first-floor residence has two bedrooms, separate living and dining areas, and tiled flooring. The upper apartment has a comparable layout with an additional bedroom and parquet hardwood floors. A finished basement adds recreation space and a three-quarter bath, with access at both the front and rear. The property also includes a shared driveway and a two-car garage. The lot measures 22.33 by 100 feet, or 0.0513 acres, and the building measures 18.33 by 57 feet. Zoning is R4.
The property is in Brooklyn, NY, near train and bus transportation, shopping areas, and schools. Interior features include a laundry area, washer, dryer, microwave, and refrigerator.
The property is in Brooklyn, NY, near train and bus transportation, shopping areas, and schools. Interior features include a laundry area, washer, dryer, microwave, and refrigerator.
Key Highlights
- Two apartments in a 2,052‑square‑foot brick building
- First‑floor apartment has 2 bedrooms and separate living and dining areas
- Upper apartment has a similar layout with an additional bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,865
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,437,300
$1.4M
Cap Rate 7%
$1,026,643
$1.0M
Cap Rate 9%
$798,500
$798.5K
Market Conditions
NOI Build-Up for 2,052 SF
Gross rent
$104.7K $51.00/SF
− Vacancy
−$2.0K −$0.97/SF
EGI
$102.7K $50.03/SF
− OpEx
−$30.8K −$15.01/SF
NOI
$71.9K $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%
$1,437,300
Cap Rate 7%
$1,026,643
Cap Rate 9%
$798,500
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$898.3K – $1.20M
NOI $71,865 @ 7.0% cap · market cap 3.82%
Second Best
Apartment 5plus
$894.9K
$783.1K – $1.04M
NOI $62,645 @ 7.0% cap · market cap 3.33%
Theoretical Best
Specialty Retail
$1.70M
$1.49M – $1.98M
NOI $118,934 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,484
Businesses Nearby
Explore this area
Business Placement
Demographics for 11228, NY
45,906
Population
16,336
Households
2.8
Avg Household Size
41
Median Age
37%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
30,604
Density / Sq Mi
$80,737
Median Household Income
$47,062
Median Earnings
$1,828
Median Rent
$1,131,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate living and dining areas serve both apartments, with additional finished recreation space below.
Where is this duplex located?
The property is located at 1518 74th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,880,000.
What are key features of this property?
This property features: Two apartments in a 2,052‑square‑foot brick building; First‑floor apartment has 2 bedrooms and separate living and dining areas; Upper apartment has a similar layout with an additional bedroom
