1717 78th Street Brooklyn, NY 11214
MULTI_FAMILY - Brooklyn, NY
Property Features for 1717 78th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Bathroom 1
- Patio and Porch features
- Porch, Patio
- Interior features
- Laundry Area, Patio Garden, Porch, Stove, Window Treatments
- Basement
- Unfinished, Full
- Standard status
- Active
- Size
- 2,600 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8477
Building Details
- Year built
- 1915
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Tile, Hardwood, Laminate, Carpet
- Building materials
- Wood Frame, Masonry
- Roof type
- Asphalt
Listing agent Ann Lopa (718) 227-1111
Listing office Anne Lopa Real Estate 4010 Hylan Blvd, Staten Island, NY (718) 227-1111
Listing date Apr 13, 2025
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Investment Insights
Based on property information with market context.
Key Highlights
- Income‑generating 3‑family home with potential to cover mortgage expenses
- Convenient location with easy access to local amenities, trains, and buses for commuting to New York City
- 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
- 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 | $106.1k | $40.80 |
| − Vacancy | −$4.8k | −$1.84 |
| EGI | $101.3k | $38.96 |
| − OpEx | −$30.4k | −$11.69 |
| NOI | $70.9k | $27.27 |
