Two-Bedroom Residential Income
For Sale
$475,000
170 72ND Street 536, Brooklyn, NY 11209
A windowed kitchen and original architectural details complement the apartment’s practical two-bedroom layout.
Property Size825 SF
Price / SF$575.76
Days on Market14
Property Features for 170 72ND Street 536
General Information
Standard status
Active
Size
825 SF
Elevators
Yes
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Additional Details
HOA Fee
$1,654
Public Transit
Yes
Amenities
intercom-locked entry
elegant lobbies
intercom system
live-in super
laundry rooms
courtyard garden
storage units
on-site parking
Building Details
Building Size
825 SF
Year Built
1932
Listing Agency:
Revived Residential
Listed By:
Candice Ficalora · License #CF0492
(347) 517-8152
Source:
Carlinwright
Added: Oct 13
Changed: Oct 25
Last Checked: Oct 24 at 11:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Revived Residential
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Investment Insights
Based on property information with market context.
This 825-square-foot cooperative residence has two bedrooms and one bathroom in a pre-war elevator building completed in 1932. Each room, including the kitchen and bathroom, has a window. Interior details include original molding, hardwood floors, four closets, and an open-plan kitchen with stainless steel appliances and a dishwasher.
Building features include a live-in superintendent, laundry rooms, a landscaped courtyard, storage units, and on-site parking. Entry is secured by an intercom system. The cooperative permits pets and subletting after two years. The residence is two blocks from Owl’s Head Park, with the 77th Street R train station and B37 and B63 bus routes nearby; the Manhattan Express Bus is also accessible by a short walk.
Building features include a live-in superintendent, laundry rooms, a landscaped courtyard, storage units, and on-site parking. Entry is secured by an intercom system. The cooperative permits pets and subletting after two years. The residence is two blocks from Owl’s Head Park, with the 77th Street R train station and B37 and B63 bus routes nearby; the Manhattan Express Bus is also accessible by a short walk.
Key Highlights
- 825‑square‑foot cooperative residence with two bedrooms and one bathroom
- Windows in every room, including the kitchen and bathroom
- Pre‑war elevator building constructed in 1932
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,186
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,720
$503.7K
Cap Rate 7%
$359,800
$359.8K
Cap Rate 9%
$279,844
$279.8K
Market Conditions
NOI Build-Up for 825 SF
Gross rent
$46.7K $56.64/SF
− Vacancy
−$935 −$1.13/SF
EGI
$45.8K $55.51/SF
− OpEx
−$20.6K −$24.98/SF
NOI
$25.2K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,720
Cap Rate 7%
$359,800
Cap Rate 9%
$279,844
Alternative Uses
Best Use
Apartment 5plus
$359.8K
$314.8K – $419.8K
NOI $25,186 @ 7.0% cap · market cap 5.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$683.1K
$597.7K – $797.0K
NOI $47,817 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,056
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
Frequently Asked Questions
What type of property is this?
Residential income property - A windowed kitchen and original architectural details complement the apartment’s practical two-bedroom layout.
Where is this residential income property located?
The property is located at 170 72ND Street 536 Brooklyn, NY.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 825‑square‑foot cooperative residence with two bedrooms and one bathroom; Windows in every room, including the kitchen and bathroom; Pre‑war elevator building constructed in 1932
