Howard Beach Two-Family
15620 76th Street Howard Beach, NY 11414
For Sale
$1,600,000
MULTI_FAMILY - Howard Beach, NY
Property Size2,438 SF
Lot Size0.07 Acres
Price / SF$656.28
Days on Market149
Property Features for 15620 76th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bathroom 1
Interior features
Refrigerator, Stove
Basement
Full
Standard status
Active
Size
2,438 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
9892
Building Details
Year built
1998
Floors in Building
2
Number of units
2
Flooring type
Hardwood
Building materials
Brick
Listing Agency:
Real Broker NY LLC
(718) 256-4000
Listed By:
Mina Abusafe · License #MA4397
(718) 269-4598
Added: Mar 3
Changed: Jun 8
Last Checked: Jul 30 at 4:06AM
MLS# 499314
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 two-family home is located in Howard Beach and features a 3-bedroom over 3-bedroom layout. Each unit includes a spacious living room, a formal dining area, an eat-in kitchen, three bedrooms, and a full bathroom. The layout provides natural light and closet space. The property includes a full finished basement with potential for storage or additional usable space, private outdoor space, and parking. It is located near shopping, transportation, and offers easy access to the Belt Parkway. The property offers flexibility for homeowners and investors. It can be used to generate rental income or as an investment opportunity.
Key Highlights
- Two‑family home built in 1998 with a 3‑bedroom over 3‑bedroom layout
- Each unit includes a spacious living room, formal dining area, eat‑in kitchen, three bedrooms, and a full bathroom
- Hardwood flooring and brick construction
Financial Insights For Apartment 5plus
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 | $112.6k | $46.20 |
| − Vacancy | −$4.3k | −$1.76 |
| EGI | $108.4k | $44.44 |
| − OpEx | −$48.8k | −$20.00 |
| NOI | $59.6k | $24.44 |
2,438 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$851.4K
$744.9K – $993.3K
NOI $59,595 @ 7.0% cap · market cap 3.72%
Second Best
Multifamily LT 5
$576.5K
$504.4K – $672.6K
NOI $40,353 @ 7.0% cap · market cap 2.52%
Theoretical Best
Office A
$1.80M
$1.57M – $2.10M
NOI $125,813 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-family home in Howard Beach with flexible living spaces.
Where is this duplex located?
The property is located at 15620 76th Street Howard Beach, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Two‑family home built in 1998 with a 3‑bedroom over 3‑bedroom layout; Each unit includes a spacious living room, formal dining area, eat‑in kitchen, three bedrooms, and a full bathroom; Hardwood flooring and brick construction
