Brick Duplex with Finished
For Sale
$1,599,000
1716 71st Street, Brooklyn, NY 11204
Residential, Brooklyn, NY
Property Size1,892 SF
Lot Size0.07 Acres
Price / SF$845.14
Days on Market95
Property Features for 1716 71st Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 3
Interior features
Refrigerator, Stove
Basement
Full, Finished
Subdivision
Bensonhurst
Standard status
Active
Size
1,892 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
10455
Building Details
Year built
1925
Floors in Building
2
Flooring type
Hardwood, Tile
Roof type
Flat
Listing Agency:
Tiger Realty
Listed By:
Hang (Tyler) Chen · License #HC3855
(917) 708-9966
Added: Jul 16
Changed: Oct 13
Last Checked: Oct 18 at 12:06AM
MLS# 502967
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 approximately 1,892-square-foot duplex is a solid brick, semi-detached residence constructed in 1925. The property includes two dwelling units, a full finished basement, and a private driveway. Interior features include a refrigerator and stove, with tile and hardwood flooring throughout the home. The building measures 17 feet by 37 feet and sits on a 30-foot by 100-foot lot.
The property is zoned R5 and occupies 0.0689 acres. Its Bensonhurst setting places it near shopping, restaurants, schools, and public transportation. The home has a flat roof and four bathrooms, providing a defined residential configuration for an owner-user or income property buyer.
The property is zoned R5 and occupies 0.0689 acres. Its Bensonhurst setting places it near shopping, restaurants, schools, and public transportation. The home has a flat roof and four bathrooms, providing a defined residential configuration for an owner-user or income property buyer.
Key Highlights
- Two‑family brick duplex with semi‑detached construction
- Approximately 1,892 SF on a 30' × 100' lot
- Full finished basement and private driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,261
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,325,220
$1.3M
Cap Rate 7%
$946,586
$946.6K
Cap Rate 9%
$736,233
$736.2K
Market Conditions
NOI Build-Up for 1,892 SF
Gross rent
$96.5K $51.00/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$94.7K $50.03/SF
− OpEx
−$28.4K −$15.01/SF
NOI
$66.3K $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%
$1,325,220
Cap Rate 7%
$946,586
Cap Rate 9%
$736,233
Alternative Uses
Best Use
Multifamily LT 5
$946.6K
$828.3K – $1.10M
NOI $66,261 @ 7.0% cap · market cap 4.14%
Second Best
Apartment 5plus
$825.2K
$722.0K – $962.7K
NOI $57,761 @ 7.0% cap · market cap 3.61%
Theoretical Best
Specialty Retail
$1.57M
$1.37M – $1.83M
NOI $109,660 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,843
Businesses Nearby
Explore this area
Business Placement
Demographics for 11204, NY
85,885
Population
27,498
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
53,678
Density / Sq Mi
$67,588
Median Household Income
$33,461
Median Earnings
$1,751
Median Rent
$1,097,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Semi-detached two-family home with private driveway, finished lower level, and established residential zoning.
Where is this duplex located?
The property is located at 1716 71st Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Two‑family brick duplex with semi‑detached construction; Approximately 1,892 SF on a 30' × 100' lot; Full finished basement and private driveway
