Brick Duplex with Private
New
For Sale
$1,390,000
1776 79th Street, Brooklyn, NY 11214
Residential, Brooklyn, NY
Property Size1,880 SF
Lot Size0.05 Acres
Price / SF$739.36
Days on Market2
Property Features for 1776 79th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 4
Parking features
Garage
Interior features
Refrigerator, Stove
Subdivision
Bensonhurst
Standard status
Active
Size
1,880 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
8737
Building Details
Year built
1930
Floors in Building
1
Number of units
2
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Flat
Buildings
1
Listing Agency:
Tiger Realty
Listed By:
Franklin Shan · License #FS1500
(917) 708-9966
Added: Nov 3
Last Checked: Nov 4 at 2:06AM
MLS# 505816
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.
At 1776 79th Street, this brick two-family property contains 1,880 square feet on a 0.0497-acre lot. Built in 1930, the building has R5 zoning and a flat roof. Its first-floor residence has two bedrooms, while the upper residence has three. Separate heating and hot water systems serve the two households, and the property includes a garage for private parking. Tile and hardwood flooring are among the interior finishes; a refrigerator and stove are also listed.
The property is half a block from the 79th Street D train station. Shopping, restaurants, supermarkets, and recreation are described as nearby, with a park two blocks away and J Mart three blocks away.
The property is half a block from the 79th Street D train station. Shopping, restaurants, supermarkets, and recreation are described as nearby, with a park two blocks away and J Mart three blocks away.
Key Highlights
- Brick two‑family building with 1,880 square feet on a 0.0497‑acre lot
- Two‑bedroom first‑floor residence and three‑bedroom upper residence
- Separate heating and hot water systems for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,277
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,025,540
$1.0M
Cap Rate 7%
$732,529
$732.5K
Cap Rate 9%
$569,744
$569.7K
Market Conditions
NOI Build-Up for 1,880 SF
Gross rent
$76.7K $40.80/SF
− Vacancy
−$3.5K −$1.84/SF
EGI
$73.3K $38.96/SF
− OpEx
−$22.0K −$11.69/SF
NOI
$51.3K $27.27/SF
Area
ZIP 11214
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,025,540
Cap Rate 7%
$732,529
Cap Rate 9%
$569,744
Alternative Uses
Best Use
Multifamily LT 5
$732.5K
$641.0K – $854.6K
NOI $51,277 @ 7.0% cap · market cap 3.69%
Second Best
Apartment 5plus
$656.5K
$574.5K – $765.9K
NOI $45,956 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$1.10M
$959.6K – $1.28M
NOI $76,769 @ 7.0% cap · market cap 5.52%
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
4,085
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences have independent heating and hot water systems, with a garage providing on-site parking.
Where is this duplex located?
The property is located at 1776 79th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Brick two‑family building with 1,880 square feet on a 0.0497‑acre lot; Two‑bedroom first‑floor residence and three‑bedroom upper residence; Separate heating and hot water systems for each residence
