1738 79th Street, Brooklyn, NY 11214
MULTI_FAMILY - Brooklyn, NY
- Added:
- Dec 14, 2024
- Days on Market:
- 558
- Last Refresh:
- Jun 25 at 8:06 am
Property Features for 1738 79th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 12
- Bathrooms
- 6
- Rooms
- Bedroom 10, Bedroom 8, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 11, Bedroom 4, Bathroom 2, Bedroom 7, Bedroom 3, Bedroom 6, Bedroom 12, Bathroom 5, Bathroom 6, Bedroom 5, Bedroom 9, Bedroom 1, Bedroom 2
- Interior features
- Refrigerator, Stove
- Basement
- Full
- Standard status
- Active
- Size
- 5,250 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 19274
Building Details
- Year built
- 1931
- Floors in Building
- 3
- Number of units
- 6
- Flooring type
- Tile
- Building materials
- Brick
- Roof type
- Flat
Listing agent Hang (Tyler) Chen (917) 708-9966
Listing office Tiger Realty 1484 86th Street, Brooklyn, NY (917) 708-9966
Listing date Dec 14, 2024
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 3‑story 6‑family property built in 1931
- Each apartment has two 2‑bedroom units (2 bedrooms per unit)
- Building size 25 x 70 on a lot size 25 x 100
- New roof replaced in recent years; bricks re‑pointed by the owners
- Yearly gross income of $142,860
Overview
Local Financial Insights For Apartment 5plus
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 | $242.6k | $46.20 |
| − Vacancy | −$9.2k | −$1.76 |
| EGI | $233.3k | $44.44 |
| − OpEx | −$105.0k | −$20.00 |
| NOI | $128.3k | $24.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.999964
- Latitude
- 40.611806
