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Duplex with Private Parking
New
For Sale
$1,680,000

1852 70TH Street, Brooklyn, NY 11204

Residential, Brooklyn, NY

Property Size3,275 SF
Lot Size0.04 Acres
Price / SF$512.98
Days on Market2

Property Features for 1852 70TH Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5
Bathrooms 5
Full bathrooms 4
Half bathrooms 1
Rooms Bathroom 3, Bathroom 1, Bathroom 4, Bathroom 5, Bathroom 2
Basement Full, Finished
Subdivision Bensonhurst
Standard status Active
Size 3,275 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 7576

Building Details

Year built 1901
Number of units 2
Flooring type Hardwood, Tile
Building materials Brick, Masonry
Roof type Flat
Listing Agency: E House Realty & Mgt. Inc.
Listed By: MeiJuan (Mandy) Jiang
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 10 at 3:06AM
MLS# 505227

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.

Investment Insights

Based on property information with market context.

This 3,275-square-foot duplex was built in 1901 and sits on an 18.5' x 100' lot. Brick and masonry construction, a flat roof, and tile and hardwood flooring are among its recorded features. Windows are present in every room, and the property includes five bathrooms. It is scheduled for delivery vacant at closing, with private parking for up to two cars.

The property is near the 18th Avenue commercial corridor and the N subway line. Nearby conveniences cited include supermarkets, restaurants, banks, and everyday services. The site is zoned R5.

Key Highlights

  • 3,275 square feet of building area
  • 18.5' x 100' lot; 0.0425 acres
  • Private parking accommodates up to 2 cars

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$114,696
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,293,920 $2.3M
Cap Rate 7%
$1,638,514 $1.6M
Cap Rate 9%
$1,274,400 $1.3M
Market Conditions
NOI Build-Up for 3,275 SF
Gross rent
$167.0K $51.00/SF
− Vacancy
−$3.2K −$0.97/SF
EGI
$163.9K $50.03/SF
− OpEx
−$49.2K −$15.01/SF
NOI
$114.7K $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%
$2,293,920
Cap Rate 7%
$1,638,514
Cap Rate 9%
$1,274,400

Alternative Uses

Best Use
Multifamily LT 5
$1.64M
$1.43M – $1.91M (±1% cap)
NOI $114,696 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $99,982 @ 7.0% cap · market cap 5.95%
Theoretical Best
Specialty Retail
$2.71M
$2.37M – $3.16M (±1% cap)
NOI $189,819 @ 7.0% cap · market cap 11.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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

3,853
Businesses Nearby

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
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?
Duplex - The property will be vacant at closing and includes on-site parking for up to two cars.
Where is this duplex located?
The property is located at 1852 70TH Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,680,000.
What are key features of this property?
This property features: 3,275 square feet of building area; 18.5' x 100' lot; 0.0425 acres; Private parking accommodates up to 2 cars
More about this property
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