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Three-Story Duplex With Parking
New
For Sale
$1,299,999

1866 70th St, Brooklyn, NY 11204

Attached two-family home with private off-street parking and flexible living arrangements.

Property Size2,424 SF
Days on Market6

Property Features for 1866 70th St

General Information

Standard status Active
Size 2,424 SF
Total Parking Spaces 2
Property subtype Multi Family

Building Details

Building Size 2,424 SF
Stories 3
Tenancy Multi
Listing Agency: DiTommaso Real Estate
Listed By: Lori Ficarra · License #10401318951
Source: Elliman
Added: Jul 30 Changed: Jul 31 Last Checked: Aug 4 at 7:34AM

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 DiTommaso Real Estate

Investment Insights

Based on property information with market context.

Located at 1866 70th Street in Bensonhurst, Brooklyn, this attached two-family home offers three stories of living space and a versatile layout. The main residence includes three bedrooms with generous room sizes, while the overall configuration supports extended-family or multigenerational living and rental income potential. Private off-street parking for two cars adds a notable feature for the property.

The home is near shopping, restaurants, schools, parks, and public transportation. Walk Score is 96, designated Walker's Paradise; Transit Score is 84, designated Excellent Transit; and Bike Score is 56, designated Bikeable.

Key Highlights

  • Two‑family attached home with three stories of living space
  • Three‑bedroom main residence with generous room sizes
  • Private off‑street parking for two cars

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 $123.6k $51.00
− Vacancy −$2.3k −$0.97
EGI $121.3k $50.03
− OpEx −$36.4k −$15.01
NOI $84.9k $35.02
2,424 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,893 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$1.06M
$925.0K – $1.23M (±1% cap)
NOI $74,002 @ 7.0% cap · market cap 5.69%
Theoretical Best
Specialty Retail
$2.01M
$1.76M – $2.34M (±1% cap)
NOI $140,495 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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.

Lease Details

Multi-tenant
Tenancy

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

Market

Properties on Market for Duplexes in Brooklyn

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Attached two-family home with private off-street parking and flexible living arrangements.
Where is this duplex located?
The property is located at 1866 70th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: Two‑family attached home with three stories of living space; Three‑bedroom main residence with generous room sizes; Private off‑street parking for two cars
More about this property
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