Renovated 2-Unit Brick
New
For Sale
$1,080,000
1574 E 66th Street, Brooklyn, NY 11234
Residential, Brooklyn, NY
Property Size1,636 SF
Lot Size0.05 Acres
Price / SF$660.15
Days on Market1
Property Features for 1574 E 66th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2-2
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 1
Parking features
Carport
Interior features
A/C Unit - Wall, Microwave, Refrigerator, Stove
Subdivision
Mill Basin
Standard status
Active
Size
1,636 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
7233
Amenities
new hardwood floors
brand-new kitchens
marbled tile floors
stainless-steel appliances
dining nook
closets
ceiling fans
recessed lighting
updated electrical systems
digital thermostat
wall air conditioning units
private porch
backyard
Building Details
Year built
1945
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Tile
Building materials
Brick
Listing Agency:
Bergen Basin Realty LLC
Listed By:
Julia Usach
(718) 763-4110
Added: Nov 3
Last Checked: Nov 3 at 8:06PM
MLS# 505782
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.
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Investment Insights
Based on property information with market context.
This renovated brick duplex contains two apartments, each configured with three bedrooms and one bathroom. Across 1,636 square feet, the interiors include living rooms with hardwood flooring, kitchens with tile floors and dining nooks, and bedrooms with closets and ceiling fans. Stainless-steel appliances, recessed lighting, updated electrical systems, digital thermostats, and wall-mounted air-conditioning units serve the apartments. A private porch, backyard, and carport add exterior amenities. The property was built in 1945 and is zoned R2-2.
Key Highlights
- Two apartments, each with 3 bedrooms and 1 bathroom
- 1,636 square feet of building area on a 0.0459‑acre lot
- Renovated brick construction; built in 1945
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,296
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,145,920
$1.1M
Cap Rate 7%
$818,514
$818.5K
Cap Rate 9%
$636,622
$636.6K
Market Conditions
NOI Build-Up for 1,636 SF
Gross rent
$83.4K $51.00/SF
− Vacancy
−$1.6K −$0.97/SF
EGI
$81.9K $50.03/SF
− OpEx
−$24.6K −$15.01/SF
NOI
$57.3K $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 Rate 5%
$1,145,920
Cap Rate 7%
$818,514
Cap Rate 9%
$636,622
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 authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,513
Businesses Nearby
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Business Placement
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate apartments each offer three bedrooms, a full bath, and updated kitchens.
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: Two apartments, each with 3 bedrooms and 1 bathroom; 1,636 square feet of building area on a 0.0459‑acre lot; Renovated brick construction; built in 1945
