Detached Duplex With Private
For Sale
$3,698,000
152 76th Street, Brooklyn, NY 11209
Two-family configuration provides flexible living space with a finished basement and substantial outdoor areas.
Property Size3,318 SF
Lot Size0.15 Acres
Price / SF$1,114
Days on Market50
Property Features for 152 76th Street
General Information
Standard status
Active
Size
3,318 SF
Total Parking Spaces
5
Lot size
0.15 Acres
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$18,817
Building Details
Building Size
3,318 SF
Year Built
1920
Buildings
1
Listing Agency:
Century 21 Awaye Realty
Listed By:
Arlene T Waye · License #49WA1006845
(718) 488-0800
Source:
Carlinwright
Added: Aug 4
Changed: Sep 21
Last Checked: Sep 21 at 6:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Awaye Realty
Investment Insights
Based on property information with market context.
This detached duplex at 152 76th Street offers approximately 3,318 square feet across 11 rooms, including 7 bedrooms and 5 bathrooms. Built in 1920, the residence features hardwood floors, high ceilings, original architectural details, updated elements, and a finished basement. Its current arrangement functions as a spacious single-family home while retaining flexibility for two-family occupancy or multigenerational living.
The property sits on a 60' x 109' lot with a private driveway accommodating up to five vehicles. Outdoor improvements include an oversized backyard, large deck, and mature landscaping. The Bay Ridge setting is near Ridge Boulevard, Shore Road's waterfront promenade, Owl's Head Park, Third Avenue dining and shopping, R train service, express buses to Manhattan, and major roadways.
The property sits on a 60' x 109' lot with a private driveway accommodating up to five vehicles. Outdoor improvements include an oversized backyard, large deck, and mature landscaping. The Bay Ridge setting is near Ridge Boulevard, Shore Road's waterfront promenade, Owl's Head Park, Third Avenue dining and shopping, R train service, express buses to Manhattan, and major roadways.
Key Highlights
- Approximately 3,318 square feet with 11 rooms, 7 bedrooms, and 5 bathrooms
- Detached two‑family residence on a 60' x 109' lot
- Private driveway with parking for up to five vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$116,202
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,324,040
$2.3M
Cap Rate 7%
$1,660,029
$1.7M
Cap Rate 9%
$1,291,133
$1.3M
Market Conditions
NOI Build-Up for 3,318 SF
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.
Gross rent
$169.2K $51.00/SF
− Vacancy
−$3.2K −$0.97/SF
EGI
$166.0K $50.03/SF
− OpEx
−$49.8K −$15.01/SF
NOI
$116.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,324,040
Cap Rate 7%
$1,660,029
Cap Rate 9%
$1,291,133
Alternative Uses
Best Use
Multifamily LT 5
$1.66M
$1.45M – $1.94M
NOI $116,202 @ 7.0% cap · market cap 3.14%
Second Best
Apartment 5plus
$1.45M
$1.27M – $1.69M
NOI $101,295 @ 7.0% cap · market cap 2.74%
Theoretical Best
Specialty Retail
$2.75M
$2.40M – $3.21M
NOI $192,311 @ 7.0% cap · market cap 5.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,411
Businesses Nearby
Explore this area
Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family configuration provides flexible living space with a finished basement and substantial outdoor areas.
Where is this duplex located?
The property is located at 152 76th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,698,000.
What are key features of this property?
This property features: Approximately 3,318 square feet with 11 rooms, 7 bedrooms, and 5 bathrooms; Detached two‑family residence on a 60' x 109' lot; Private driveway with parking for up to five vehicles
