Duplex with Finished
For Sale
$3,648,000
152 76th Street, Brooklyn, NY 11209
Residential, Colonial, Brooklyn, NY
Property Size3,318 SF
Lot Size0.15 Acres
Price / SF$1,099
Days on Market59
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 7, Bedroom 3, Bathroom 1, Bathroom 5, Bedroom 1, Bedroom 6, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 4
Parking features
Garage - Detached
Patio and Porch features
Porch, Patio
Interior features
Central Air, Dishwasher, Dryer, Fireplace, Laundry Area, Patio Garden, Porch, Refrigerator, Stove, Terrace, Washer
Fireplace
1
Basement
Full, Finished
Subdivision
Bay Ridge
Standard status
Active
Size
3,318 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
18817
Amenities
hardwood floors
high ceilings
finished basement
private driveway
oversized backyard
large deck
mature landscaping
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 #49WA1006845
(917) 763-7265
Added: Aug 4
Changed: Sep 30
Last Checked: Oct 1 at 3:06PM
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 two-family residence contains approximately 3,318 square feet, with 11 rooms, 7 bedrooms, and 5 bathrooms. Although configured for single-family use, its two-family designation offers a distinct residential arrangement. A finished basement adds flexible interior space, while hardwood floors, a fireplace, central air, and a porch are among its features. The property also has a detached garage and driveway parking for up to five vehicles.
The home occupies a 60' x 109' lot in Brooklyn and is zoned R2. Nearby points of interest include Shore Road’s waterfront promenade, Owl’s Head Park, local shops and restaurants, and R train service. The building dates to 1920.
The home occupies a 60' x 109' lot in Brooklyn and is zoned R2. Nearby points of interest include Shore Road’s waterfront promenade, Owl’s Head Park, local shops and restaurants, and R train service. The building dates to 1920.
Key Highlights
- Approximately 3,318 square feet of interior space
- 60' x 109' lot; 0.1506 acres
- Two‑family residence currently configured for single‑family use
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
3.19%
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 3.19%
Second Best
Apartment 5plus
$1.45M
$1.27M – $1.69M
NOI $101,295 @ 7.0% cap · market cap 2.78%
Theoretical Best
Specialty Retail
$2.75M
$2.40M – $3.21M
NOI $192,311 @ 7.0% cap · market cap 5.27%
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
Check the figures for this property
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 - The detached home is currently arranged for single-family use and includes a finished basement for additional flexible 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 $3,648,000.
What are key features of this property?
This property features: Approximately 3,318 square feet of interior space; 60' x 109' lot; 0.1506 acres; Two‑family residence currently configured for single‑family use
