1735 70th Street, Brooklyn, NY 11204
MULTI_FAMILY - Brooklyn, NY
- Added:
- Jun 29, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 8 at 10:06 pm
Property Features for 1735 70th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2
- Parking features
- Garage
- Patio and Porch features
- Deck, Porch
- Interior features
- A/C Unit - Window, Deck, Dishwasher, Dryer, Porch, Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 3,940 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4444
Building Details
- Year built
- 1956
- Floors in Building
- 3
- Flooring type
- Hardwood, Tile
- Building materials
- Brick
- Roof type
- Flat
Listing agent Jason Zhou License #10301217017 (718) 612-3088
Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY (718) 612-3088
Listing date Jun 29, 2026
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.
HighLights
- Brick 2‑family home built in 1956 with 3 stories above grade plus a basement
- 20' x 60' building size on a 20' x 100' lot
- Private driveway and built‑in garage, with rear access to the backyard
- Top‑floor oversized 3‑bedroom apartment with a front porch and potential to convert to a 4‑bedroom
- Middle‑floor 2‑bedroom apartment with potential to convert to a 3‑bedroom, plus rear deck
- Basement has a separate entrance, built‑in front garage, recreation room, laundry area, and 2 extra rooms
Overview
The basement has its own separate entrance and includes a built-in front garage, two additional rooms, a spacious recreation room, a laundry area, and abundant storage. Rear access to the backyard further supports daily convenience and flexible use. The building measures approximately 20' by 60' on a 20' by 100' lot, and was built in 1956. Zoning is listed as R5.
For owners or investors seeking income flexibility, the property’s unit design allows bedroom count adjustments across the top and middle floors. The basement’s separate entrance and dedicated spaces may also support practical expansion or utility beyond standard apartment layouts. The home is described as being located near shopping, restaurants, schools, parks, and public transportation, supporting everyday tenant needs and accessibility.
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 | $200.9k | $51.00 |
| − Vacancy | −$3.8k | −$0.97 |
| EGI | $197.1k | $50.03 |
| − OpEx | −$59.1k | −$15.01 |
| NOI | $138.0k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.994293
- Latitude
- 40.617276
