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Bensonhurst Four-Family Brick Home

1737 71st St Brooklyn, NY 11204

Claim this Listing
For Sale
$1,990,000

Four-family brick home in prime Bensonhurst, delivered vacant.

Type:Multi Family
Property size:
3,000 SF
Lot size:
0.06 Acres
Price / SF:
$663/SF
Added:
Mar 26, 2026
Days on Market:
108
Last Refresh:
Jul 3 at 3:51 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 office Venezia Realty Group LLC

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


Investment Insights

Based on property information with market context.

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.

Key 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.

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 $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 Uses

Best Use
Multifamily LT 5
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $105,065 @ 7.0% cap · market cap 5.28%
Second Best
Apartment 5plus
$1.31M
$1.14M – $1.53M (±1% cap)
NOI $91,587 @ 7.0% cap · market cap 4.60%
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.90M (±1% cap)
NOI $173,880 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Bar & Pub Gym & Fitness Center Bed & Breakfast Nursing Home Storage Facility Nursing Home

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

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 $1,990,000.
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.
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