Renovated 2-Family Brick
1574 E 66th Street Brooklyn, NY 11234
For Sale
$1,080,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,636 SF
Lot Size0.05 Acres
Price / SF$660.15
Days on Market49
Property Features for 1574 E 66th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3-2
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 5, Bedroom 2
- Parking features
- Carport
- Interior features
- Refrigerator, Stove
- Standard status
- Active
- Size
- 1,636 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6931
Building Details
- Year built
- 1945
- Number of units
- 2
- Flooring type
- Hardwood, Tile
- Building materials
- Brick
- Roof type
- Flat
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Jindan Cao
(917) 708-9966
Added: Jun 8
Changed: Jul 17
Last Checked: Jul 26 at 7:06PM
MLS# 502089
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.
Renovated 2-family brick duplex offering two separate apartments, each with three bedrooms and one bathroom. Both units include spacious living rooms with new hardwood floors and brand-new kitchens with marbled tile floors. Kitchen appointments include full-sized stainless-steel appliances with a gas range, soft-close cabinetry, and a dining nook. The bathrooms provide storage through medicine cabinets, vanities, and linen closets. All six bedrooms have closets and ceiling fans, with recessed lighting throughout and updated electrical systems. For heating and cooling, the home includes a digital thermostat and through-the-wall air conditioning units serving both apartments. Outside, the property offers a private porch and a backyard for outdoor dining or gatherings.
Located in Brooklyn, the home is described as being in the heart of Mill Basin and is convenient to transportation, shopping, and schools.
This configuration can suit owner-occupants or investors seeking a move-in-ready rental setup with two self-contained 3-bedroom/1-bath apartments. The combination of new kitchen finishes, hardwood floors, and updated systems provides a practical foundation for tenants who want in-unit comfort and contemporary finishes.
Located in Brooklyn, the home is described as being in the heart of Mill Basin and is convenient to transportation, shopping, and schools.
This configuration can suit owner-occupants or investors seeking a move-in-ready rental setup with two self-contained 3-bedroom/1-bath apartments. The combination of new kitchen finishes, hardwood floors, and updated systems provides a practical foundation for tenants who want in-unit comfort and contemporary finishes.
Key Highlights
- Renovated 2‑family brick home with two separate 3‑bedroom, 1‑bath apartments
- Total of 6 bedrooms and 2 bathrooms across both units
- New hardwood floors in spacious living rooms plus tile flooring in kitchens
Financial Insights For Multifamily LT 5
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 | $83.4k | $51.00 |
| − Vacancy | −$1.6k | −$0.97 |
| EGI | $81.9k | $50.03 |
| − OpEx | −$24.6k | −$15.01 |
| NOI | $57.3k | $35.02 |
1,636 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$818.5K
$716.2K – $954.9K
NOI $57,296 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$713.5K
$624.3K – $832.4K
NOI $49,945 @ 7.0% cap · market cap 4.62%
Theoretical Best
Specialty Retail
$1.35M
$1.19M – $1.58M
NOI $94,823 @ 7.0% cap · market cap 8.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Updated duplex features two 3-bedroom units with brand-new kitchens and modern electrical, plus a private porch and backyard.
Where is this duplex located?
The property is located at 1574 E 66th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: Renovated 2‑family brick home with two separate 3‑bedroom, 1‑bath apartments; Total of 6 bedrooms and 2 bathrooms across both units; New hardwood floors in spacious living rooms plus tile flooring in kitchens
