Renovated Two-Family
1763 74th St Brooklyn, NY 11204
For Sale
$1,490,000
Fully renovated two-family home with new plumbing, electrical, and gas systems, plus three hot water heaters.
Property Size2,354 SF
Lot Size0.04 Acres
Price / SF$632.97
Days on Market77
Property Features for 1763 74th St
General Information
- Standard status
- Active
- Size
- 2,354 SF
- Lot size
- 0.04 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Franklin Shan
(917) 708-9966
Source:
Elliman
Added: May 9
Changed: Jul 21
Last Checked: Jul 23 at 8:22AM
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.
Fully renovated two-family home delivered vacant and move-in ready. The property includes brand new plumbing, electrical, and gas systems, along with three hot water heaters and two heating systems. The building is approximately 17 by 50, totaling about 2,354 square feet, situated on a lot approximately 17 by 100, or about 1,700 square feet.
Located at 1763 74th St in Brooklyn, the home is described as only a moment to the D Train Station. It is also noted to be just minutes from the Salvation Army Center and a senior activity center.
This configuration supports straightforward end-user occupancy or rental income use, with the added benefit of vacancy at delivery.
Located at 1763 74th St in Brooklyn, the home is described as only a moment to the D Train Station. It is also noted to be just minutes from the Salvation Army Center and a senior activity center.
This configuration supports straightforward end-user occupancy or rental income use, with the added benefit of vacancy at delivery.
Key Highlights
- Fully renovated 2‑family home with brand new plumbing, electrical, and gas systems
- Building size approx. 2,354 SF (17 x 50) on an approx. 1,700 SF lot (17 x 100)
- Delivered vacant, move‑in ready
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 | $120.1k | $51.00 |
| − Vacancy | −$2.3k | −$0.97 |
| EGI | $117.8k | $50.03 |
| − OpEx | −$35.3k | −$15.01 |
| NOI | $82.4k | $35.02 |
2,354 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.18M
$1.03M – $1.37M
NOI $82,441 @ 7.0% cap · market cap 5.53%
Second Best
Apartment 5plus
$1.03M
$898.3K – $1.20M
NOI $71,865 @ 7.0% cap · market cap 4.82%
Theoretical Best
Specialty Retail
$1.95M
$1.71M – $2.27M
NOI $136,438 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully renovated two-family home with new plumbing, electrical, and gas systems, plus three hot water heaters.
Where is this duplex located?
The property is located at 1763 74th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: Fully renovated 2‑family home with brand new plumbing, electrical, and gas systems; Building size approx. 2,354 SF (17 x 50) on an approx. 1,700 SF lot (17 x 100); Delivered vacant, move‑in ready
