Bensonhurst Four-Family Brick
1737 71st St, Brooklyn, NY 11204
Four-family brick home in prime Bensonhurst, delivered vacant.
Type:Multi Family
Property size:
3,000 SFLot size:
0.06 AcresPrice / SF:
$633/SF- Added:
- Mar 26, 2026
- Days on Market:
- 58
- Last Refresh:
- Mar 25 at 5:24 am
Property Features for 1737 71st St
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.06 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1924
Listing agent Lisa Babli
Listing office Venezia Realty Group LLC (347) 541-7253
Listing date Mar 26, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Venezia Realty Group LLC
HighLights
- Delivered Vacant: Ready for immediate occupancy or rental.
- Large Building Size: 20 x 75 building with over 3000 sq ft of living space.
- Four‑Family All Brick Home: Offers multiple income streams or multi‑generational living.
- Custom Renovated Owner's Unit: First floor features a large, renovated 7‑room apartment.
- Full Finished Basement: Provides additional living space with a separate front entrance.
- Prime Bensonhurst Location: Highly desirable neighborhood.
Overview
Located in Bensonhurst, this is a four-family all-brick home. The building has a size of 20 x 75 feet, offering over 3000 square feet of living space, situated on a 25 x 100 foot lot. The first floor features a large 7-room apartment, created by combining two units, with all-tile floors and custom renovations. The second floor contains two 4-room, 2-bedroom units, front and back. The property includes a full finished basement with a separate front entrance, covering the entire footprint of the home. Delivered vacant, this property presents a significant upside potential for investors or for use as a family home.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$1.17M
NOI $105,065 @ 9.00% cap · cautious / downside scenario
Moderate
$1.50M
NOI $105,065 @ 7.00% cap · market / base-case scenario
Aggressive
$2.10M
NOI $105,065 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $153.0k | $51.00 |
| − Vacancy | −$2.9k | −$0.97 |
| EGI | $150.1k | $50.03 |
| − OpEx | −$45.0k | −$15.01 |
| NOI | $105.1k | $35.02 |
3,000 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$1.50M
$1.31M – $1.75M
NOI $105,065 @ 7.0% cap · market cap 5.53%
Second Best
Apartment 5plus
$1.31M
$1.14M – $1.53M
NOI $91,587 @ 7.0% cap · market cap 4.82%
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.90M
NOI $173,880 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.90984
- Latitude
- 40.622076
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-family brick home in prime Bensonhurst, delivered vacant.
Where is this quadplex located?
The property is located at 1737 71st St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Delivered Vacant: Ready for immediate occupancy or rental.; Large Building Size: 20 x 75 building with over 3000 sq ft of living space.; Four‑Family All Brick Home: Offers multiple income streams or multi‑generational living.
