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Duplex With Separate Apartment
For Sale
$925,000

2246 E 70th Street, Brooklyn, NY 11234

Residential, Duplex, Brooklyn, NY

Property Size1,836 SF
Lot Size0.06 Acres
Price / SF$503.81
Days on Market48

Property Features for 2246 E 70th Street

General Information

Property type Residential
Property subtype Duplex
Zoning r3-1
Bedrooms 4
Bathrooms 3
Full bathrooms 1
Half bathrooms 1
Rooms Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Patio and Porch features Deck, Patio
Interior features Central Air, Deck, Dishwasher, Laundry Area, Microwave, Patio Garden, Refrigerator, Stove, Washer
Subdivision Bergen Beach
Standard status Active
Size 1,836 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 7872

Amenities

central AC
private backyard
porch

Building Details

Year built 1965
Floors in Building 3
Flooring type Hardwood
Roof type Shingle
Architectural style Other
Listing Agency: Re Max Team
Listed By: Gennadiy Gershanovich
Added: Sep 8 Changed: Oct 20 Last Checked: Oct 25 at 9:06PM
MLS# 504347

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 1,836-square-foot duplex is a semi-attached residential property with a renovated interior, four bedrooms, and a separate-entry walk-in apartment. The main living area features an open kitchen with dishwasher, microwave, refrigerator, and stove, along with hardwood flooring and central air conditioning. Laundry equipment is also included. Outdoor features include a deck, patio, and private backyard, while the front provides parking for two cars.

Constructed in 1965, the property occupies a 25-by-100-foot lot and is zoned R3-1. The address is in Brooklyn’s 11234 ZIP code, with schools, shops, and neighborhood services identified nearby. The separate apartment entrance and duplex configuration provide distinct areas within the overall residential layout.

Key Highlights

  • 1,836 square feet on a 25 x 100 lot
  • Duplex layout with a separate‑entrance walk‑in apartment
  • Four bedrooms with renovated interior finishes

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$64,300
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,286,000 $1.3M
Cap Rate 7%
$918,571 $918.6K
Cap Rate 9%
$714,444 $714.4K
Market Conditions
NOI Build-Up for 1,836 SF
Gross rent
$93.6K $51.00/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$91.9K $50.03/SF
− OpEx
−$27.6K −$15.01/SF
NOI
$64.3K $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%
$1,286,000
Cap Rate 7%
$918,571
Cap Rate 9%
$714,444

Alternative Uses

Best Use
Multifamily LT 5
$918.6K
$803.8K – $1.07M (±1% cap)
NOI $64,300 @ 7.0% cap · market cap 6.95%
Second Best
Apartment 5plus
$800.7K
$700.6K – $934.2K (±1% cap)
NOI $56,051 @ 7.0% cap · market cap 6.06%
Theoretical Best
Specialty Retail
$1.52M
$1.33M – $1.77M (±1% cap)
NOI $106,415 @ 7.0% cap · market cap 11.50%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Location Intelligence

Trade Area within ½ mile

731
Businesses Nearby

Demographics for 11234, NY

92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
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

Frequently Asked Questions

What type of property is this?
Duplex - Renovated semi-attached home includes a private yard, two-car front parking, and central air.
Where is this duplex located?
The property is located at 2246 E 70th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 1,836 square feet on a 25 x 100 lot; Duplex layout with a separate‑entrance walk‑in apartment; Four bedrooms with renovated interior finishes
More about this property
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