Renovated Two-Family
1742 70th Street, Brooklyn, NY 11204
For Sale
$1,388,000
Residential, Duplex, Brooklyn, NY
Property Size1,768 SF
Lot Size0.05 Acres
Price / SF$785.07
Days on Market107
Property Features for 1742 70th Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Basement
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Momentum Real Estate LLC
Listed By:
Meijuan (Minnie) Lin · License NY MJL6058
(718) 382-0001
Added: Jul 27
Changed: Oct 28
Last Checked: Nov 10 at 6:06PM
MLS# 503325
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.
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Investment Insights
Based on property information with market context.
This two-family duplex at 1742 70th Street includes 1,768 square feet of living space on a 0.0459-acre lot. The primary residence occupies the first and second floors and contains three bedrooms and one full bathroom. A separate rear unit adds one bedroom and one full bathroom, creating a distinct two-unit layout. The finished basement has been renovated, while hardwood flooring, wood-frame construction, and a flat roof are among the property’s physical features. Built in 1920, the home is zoned R5.
The property is located in Brooklyn’s Bensonhurst area, within ZIP Code 11204. The D and N subway lines, B8 bus service, shopping, supermarkets, restaurants, schools, and everyday services are located nearby.
The property is located in Brooklyn’s Bensonhurst area, within ZIP Code 11204. The D and N subway lines, B8 bus service, shopping, supermarkets, restaurants, schools, and everyday services are located nearby.
Key Highlights
- Two‑family duplex with 1,768 square feet of living space
- Main residence offers 3 bedrooms and 1 full bathroom
- Separate rear unit includes 1 bedroom and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,918
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,238,360
$1.2M
Cap Rate 7%
$884,543
$884.5K
Cap Rate 9%
$687,978
$688.0K
Market Conditions
NOI Build-Up for 1,768 SF
Gross rent
$90.2K $51.00/SF
− Vacancy
−$1.7K −$0.97/SF
EGI
$88.5K $50.03/SF
− OpEx
−$26.5K −$15.01/SF
NOI
$61.9K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,238,360
Cap Rate 7%
$884,543
Cap Rate 9%
$687,978
Alternative Uses
Best Use
Multifamily LT 5
$884.5K
$774.0K – $1.03M
NOI $61,918 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$771.1K
$674.7K – $899.6K
NOI $53,975 @ 7.0% cap · market cap 3.89%
Theoretical Best
Specialty Retail
$1.46M
$1.28M – $1.71M
NOI $102,473 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,843
Businesses Nearby
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Business Placement
Demographics for 11204, NY
85,885
Population
27,498
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
53,678
Density / Sq Mi
$67,588
Median Household Income
$33,461
Median Earnings
$1,751
Median Rent
$1,097,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with a three-bedroom main residence, separate one-bedroom unit, and finished basement.
Where is this duplex located?
The property is located at 1742 70th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,388,000.
What are key features of this property?
This property features: Two‑family duplex with 1,768 square feet of living space; Main residence offers 3 bedrooms and 1 full bathroom; Separate rear unit includes 1 bedroom and 1 full bathroom
