Two-Family Brick Home with
1716 71st Street Brooklyn, NY 11204
New
1716 71st Street, Brooklyn, NY, 11204
$1,599,000
For Sale
$1,599,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,892 SF
Lot Size0.07 Acres
Price / SF$845.14
Days on Market1
Property Features for 1716 71st Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1
- Interior features
- Refrigerator, Stove
- Basement
- Full, Finished
- 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
- Tile, Hardwood
- Roof type
- Flat
Listing Agency
Tiger Realty
(917) 708-9966
1484 86th Street, Brooklyn, NY
Listed by
Hang (Tyler) Chen
(917) 708-9966
Added: Jul 16 Checked: Jul 16 at 6:06 pm
MLS# 502967
Listing URL
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.
Introducing 1716 71st Street, a solid brick 2-family semi-detached home. The property includes a private driveway and a full finished basement, providing additional interior space. Built in 1925, the home is arranged on a small lot and is zoned R5.
The building is approximately 17 feet by 37 feet on a 30 feet by 100 feet lot, for an estimated total of 1,892 square feet. The listing also notes convenient access to nearby shopping, restaurants, schools, and public transportation.
This is a residential income property configured as a duplex, offering two-family living under R5 zoning.
The building is approximately 17 feet by 37 feet on a 30 feet by 100 feet lot, for an estimated total of 1,892 square feet. The listing also notes convenient access to nearby shopping, restaurants, schools, and public transportation.
This is a residential income property configured as a duplex, offering two-family living under R5 zoning.
Key Highlights
- Solid brick 2‑family semi‑detached home with private driveway
- Approximately 1,892 SF; building size 17' x 37' on a 30' x 100' lot
- Full finished basement
Local 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 | $96.5k | $51.00 |
| − Vacancy | −$1.8k | −$0.97 |
| EGI | $94.7k | $50.03 |
| − OpEx | −$28.4k | −$15.01 |
| NOI | $66.3k | $35.02 |
1,892 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Solid brick 2-family semi-detached home includes a private driveway and a full finished basement.
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: Solid brick 2‑family semi‑detached home with private driveway; Approximately 1,892 SF; building size 17' x 37' on a 30' x 100' lot; Full finished basement
