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Brooklyn Multifamily Investment Opportunity
For Sale
$1,780,000

1738 79th St, Brooklyn, NY 11214

Six-family building near schools, supermarkets, and trains.

Property Size5,250 SF
Lot Size0.06 Acres
Price / SF$1,017
Days on Market205

Property Features for 1738 79th St

General Information

Standard status Active
Size 5,250 SF
Lot size 0.06 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $19,274

Building Details

Building Size 5,250 SF
Year Built 1931
Stories 3
Listing Agency: Tiger Realty
Listed By: Hang (Tyler) Chen · License #HC3855
Source: Elliman
Added: Mar 11 Changed: Sep 22 Last Checked: Oct 1 at 12:03PM

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 Tiger Realty

Investment Insights

Based on property information with market context.

This three-story multifamily building contains six apartments, each featuring two bedrooms and layouts designed to maximize sunlight. The building has been maintained and is located near schools, supermarkets, and trains. The building dimensions are 25 x 70 feet, situated on a 25 x 100 foot lot. Recent maintenance includes brick re-pointing and roof replacement within the last few years. The property generates a yearly gross income of $139,140, making it suitable for investors.

Key Highlights

  • High yearly gross income of $139,140.
  • Six‑family building ideal for investors, especially with 1031 exchange.
  • Excellent location near schools, supermarkets, and trains.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Hotel & Motel Bar & Pub Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,085
Businesses Nearby

Demographics for 11214, NY

96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-family building near schools, supermarkets, and trains.
Where is this apartment building located?
The property is located at 1738 79th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,780,000.
What are key features of this property?
This property features: High yearly gross income of $139,140.; Six‑family building ideal for investors, especially with 1031 exchange.; Excellent location near schools, supermarkets, and trains.
More about this property
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