Two-Family Brick with Private
1735 70th Street Brooklyn, NY 11204
1735 70th Street, Brooklyn, NY, 11204
$1,850,000
For Sale
$1,850,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,940 SF
Lot Size0.05 Acres
Price / SF$469.54
Days on Market20
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 Agency
RE/MAX Edge
(718) 612-3088
1812 Bath Ave, Brooklyn, NY
Listed by
Jason Zhou · License #10301217017
(718) 612-3088
Added: Jun 29 Checked: Jul 18 at 11:06 am
MLS# 502648
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.
This rare-find two-family brick residence offers three stories above grade plus a basement, with a private driveway and built-in garage. The top floor features an oversized three-bedroom apartment that can be converted into a four-bedroom configuration. The middle floor includes a spacious two-bedroom apartment that can be converted into a three-bedroom setup, along with a front porch and rear deck.
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.
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.
Key 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
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 |
3,940 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.97M
$1.72M – $2.30M
NOI $137,985 @ 7.0% cap · market cap 7.46%
Second Best
Apartment 5plus
$1.72M
$1.50M – $2.00M
NOI $120,284 @ 7.0% cap · market cap 6.50%
Theoretical Best
Specialty Retail
$3.26M
$2.85M – $3.81M
NOI $228,362 @ 7.0% cap · market cap 12.34%
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 - A versatile two-family brick home with separate basement access and built-in garage, designed for flexible bedroom layouts.
Where is this duplex located?
The property is located at 1735 70th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 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
