Detached Duplex with Private
For Sale
$3,750,000
152 76th Street, Brooklyn, NY 11209
Residential, Colonial, Brooklyn, NY
Property Size3,318 SF
Lot Size0.15 Acres
Price / SF$1,130
Days on Market27
Property Features for 152 76th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
7
Bathrooms
5
Full bathrooms
1
Half bathrooms
3
Rooms
Bedroom 6, Bedroom 5, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 7, Bathroom 5, Bathroom 4, Bedroom 3, Bathroom 2
Parking features
Garage - Detached
Patio and Porch features
Patio, Porch
Interior features
Central Air, Dishwasher, Dryer, Fireplace, Laundry Area, Patio Garden, Porch, Refrigerator, Stove, Terrace, Washer
Fireplace
1
Basement
Finished, Full
Subdivision
Bay Ridge
Standard status
Active
Size
3,318 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
18817
Building Details
Year built
1920
Floors in Building
3
Number of units
1
Flooring type
Hardwood, Tile
Building materials
Wood Frame
Roof type
Shingle
Architectural style
Colonial
Listing Agency:
Century 21 Awaye Realty
(718) 488-0800
Listed By:
Arlene Waye · License #10491211892
(718) 488-0800
Added: Aug 4
Changed: Aug 27
Last Checked: Aug 30 at 12:06AM
MLS# 503512
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 detached Colonial residence is configured as a two-family property and is currently used as a spacious single-family home. The 3,318-square-foot layout includes 11 rooms, 7 bedrooms, and 5 bathrooms, with hardwood and tile flooring, high ceilings, original architectural details, and updates throughout. Central air, a fireplace, laundry area, and a finished basement add practical utility. The home was built in 1920 and sits on a 0.1506-acre lot measuring 60 feet by 109 feet.
Exterior features include a private driveway with parking for up to five vehicles, a detached garage, an oversized backyard, deck, patio, porch, and mature landscaping. The property is near Ridge Boulevard, Shore Road's waterfront promenade, bike paths, parks, recreational facilities, cafes, shopping, and Third Avenue restaurants. Nearby R train service, express buses to Manhattan, and major roadways provide additional transportation access.
Exterior features include a private driveway with parking for up to five vehicles, a detached garage, an oversized backyard, deck, patio, porch, and mature landscaping. The property is near Ridge Boulevard, Shore Road's waterfront promenade, bike paths, parks, recreational facilities, cafes, shopping, and Third Avenue restaurants. Nearby R train service, express buses to Manhattan, and major roadways provide additional transportation access.
Key Highlights
- 3,318 square feet with 11 rooms, 7 bedrooms, and 5 bathrooms
- Two‑family property currently configured and used as a single‑family residence
- 0.1506‑acre lot measuring 60' x 109'
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
3.10%
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 3.10%
Second Best
Apartment 5plus
$1.45M
$1.27M – $1.69M
NOI $101,295 @ 7.0% cap · market cap 2.70%
Theoretical Best
Specialty Retail
$2.75M
$2.40M – $3.21M
NOI $192,311 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Paved road access
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Colonial two-family residence with finished basement, backyard, and flexible living space.
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 $3,750,000.
What are key features of this property?
This property features: 3,318 square feet with 11 rooms, 7 bedrooms, and 5 bathrooms; Two‑family property currently configured and used as a single‑family residence; 0.1506‑acre lot measuring 60' x 109'
