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Impeccable Brooklyn Three-Family Home

1717 78th Street Brooklyn, NY 11214

1717 78th Street, Brooklyn, NY, 11214

$1,398,000

For Sale

$1,398,000

MULTI_FAMILY - Brooklyn, NY

Property Size2,600 SF

Lot Size0.05 Acres

Price / SF$537.69

AddedApr 11, 2025

Days on Market462

Last RefreshJul 16 at 1:06 pm

Property Features for 1717 78th Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R5
Bedrooms: 5
Bathrooms: 6
Rooms: Bedroom 4, Bathroom 6, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 4, Bathroom 5, Bathroom 1, Bedroom 5
Parking features: On Street
Basement: Unfinished, Full
Standard status: Active
APN: 06248-0078
Size: 2,600 SF
Lot size: 0.05 Acres

Taxes and HOA fees

Tax Annual Amount: 8135

Utilities

Sewer type: Public Sewer
Heating system: Natural Gas, Hot Water(Heating)

Building Details

Year built: 1915
Floors in Building: 3
Number of units: 3
Building materials: Aluminum Siding, Stone, Vinyl Siding

Listing agent Ann Lopa

Listing office Anne Lopa Real Estate 4010 Hylan Blvd, staten island, NY

Listing date Apr 11, 2025

MLS# 2502004 Listing URL

Copyright © 2026 Staten Island Board of Realtors. 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.

This large, three-family home in Brooklyn offers income investment opportunities. Situated on a convenient block, it provides access to local amenities and is located a short distance from trains and buses, facilitating commutes to New York City and other destinations. The property is near parks, shopping, restaurants, and schools. Two of the apartments were renovated 5 and 9 years ago and feature stainless steel appliances, while the third has been well-maintained with a retro aesthetic. All units offer open spaces with sunlight and large closets. The first floor includes an entrance from the kitchen to a large yard with a garden and patio, suitable for gatherings, as well as a door to the basement with washer and dryer hookups. The basement also has a second entrance leading to the front. The electric and wiring in each apartment and electrical boxes, along with the windows, have been replaced within the past 2 to 15 years. The roof is approximately 4 years old. The property includes 4 gas and 3 electric meters, and features gas heat. Hardwood floors are present throughout. The 2,600 square foot property sits on a 0.05-acre lot. The property is zoned R5. Two apartments are currently vacant. This home offers opportunities for owner-occupancy or investment, with potential for rental income.

Key Highlights

Income‑generating 3‑family home with potential to cover mortgage expenses.
Convenient location: steps to local amenities and half a block to trains/buses for easy commuting to NYC.
Two renovated apartments with stainless steel appliances; third unit well‑maintained.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$106.1k	$40.80
− Vacancy	−$4.8k	−$1.84
EGI	$101.3k	$38.96
− OpEx	−$30.4k	−$11.69
NOI	$70.9k	$27.27

2,600 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$1.01M

$886.4K – $1.18M (±1% cap)

NOI $70,914 @ 7.0% cap · market cap 5.07%

Second Best

Apartment 5plus

$907.9K

$794.4K – $1.06M (±1% cap)

NOI $63,555 @ 7.0% cap · market cap 4.55%

Theoretical Best

Office A

$1.52M

$1.33M – $1.77M (±1% cap)

NOI $106,170 @ 7.0% cap · market cap 7.59%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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For sale
Triplexes
NY
Brooklyn
11214
1717 78th Street

What type of property is this?

Triplex - Three-family home with income potential near transportation and amenities.

Where is this triplex located?

The property is located at 1717 78th Street Brooklyn, NY.

What is the asking price?

The asking price for this property is $1,398,000.

What are key features of this property?

This property features: Income‑generating 3‑family home with potential to cover mortgage expenses.; Convenient location: steps to local amenities and half a block to trains/buses for easy commuting to NYC.; Two renovated apartments with stainless steel appliances; third unit well‑maintained.

1717 78th Street Brooklyn, NY 11214

MULTI_FAMILY - Brooklyn, NY

Property Features for 1717 78th Street

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

New Retail Condo with Indoor Parking

Retail Storefront with Operating Dry Cleaner

First-Floor and Cellar Commercial Condo

NNN Retail Strip with Parking

Storefront Condo with Parking

Retail and Office Building

Corner Medical Suite with Private Entrance

Turn-Key Supermarket Business Opportunity

Established Supermarket Business For Sale

Brooklyn Mixed-Use Investment Opportunity

Move-In Ready Medical Office Condo

Incomplete Renovation Church Conversion

FAQs