Modern Two-Family Brick
1715 70th Street Brooklyn, NY 11204
For Sale
Contact for pricing
Built in 2018, this two-unit brick home features a flexible layout, stainless appliance kitchens, and a private backyard.
Property Size2,262 SF
Lot Size0.07 Acres
Price / SF$831.12
Days on Market115
Property Features for 1715 70th Street
General Information
- Standard status
- Active
- Size
- 2,262 SF
- Lot size
- 0.07 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 2018
Listing Agency:
Reliance Realty One
(917) 332-8987
Listed By:
Tsun Ming Lau · License #10301216684
Source:
Crexi
Added: Apr 1
Changed: Jul 22
Last Checked: Jul 22 at 6:42PM
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 Reliance Realty One
Investment Insights
Based on property information with market context.
Located at 1715 70th Street in Brooklyn’s Bensonhurst, this modern two-family brick residence was fully constructed in 2018. Set on a 30' x 100' lot, the building offers an approximately 22' x 62' footprint with living space laid out across two floors and currently configured as a flexible two-unit layout. Interiors include soaring ceilings, hardwood flooring, and abundant natural light.
Both kitchens are appointed with stainless steel appliances and custom cabinetry. Outside, the property includes a private backyard and garden area.
The home’s overall footprint and configuration provide a turnkey option for owners seeking a contemporary multi-unit setup within the newer construction inventory.
Both kitchens are appointed with stainless steel appliances and custom cabinetry. Outside, the property includes a private backyard and garden area.
The home’s overall footprint and configuration provide a turnkey option for owners seeking a contemporary multi-unit setup within the newer construction inventory.
Key Highlights
- Brick two‑family residence fully built in 2018
- 30' x 100' lot with a private backyard and garden area
- Approx. 2,728 sq. ft. living space across two floors in a 22' x 62' building footprint
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 | $115.4k | $51.00 |
| − Vacancy | −$2.2k | −$0.97 |
| EGI | $113.2k | $50.03 |
| − OpEx | −$34.0k | −$15.01 |
| NOI | $79.2k | $35.02 |
2,262 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.13M
$990.2K – $1.32M
NOI $79,219 @ 7.0% cap · market cap 4.21%
Second Best
Apartment 5plus
$986.5K
$863.2K – $1.15M
NOI $69,057 @ 7.0% cap · market cap 3.67%
Theoretical Best
Specialty Retail
$1.87M
$1.64M – $2.19M
NOI $131,106 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Vvs Cleaning Group
Carpet Cleaning Service
Dimex10
Marketing & Advertising
FAQs
What type of property is this?
Duplex - Built in 2018, this two-unit brick home features a flexible layout, stainless appliance kitchens, and a private backyard.
Where is this duplex located?
The property is located at 1715 70th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,880,000.
What are key features of this property?
This property features: Brick two‑family residence fully built in 2018; 30' x 100' lot with a private backyard and garden area; Approx. 2,728 sq. ft. living space across two floors in a 22' x 62' building footprint
