Semidetached Duplex with Private
2427 72nd Street Brooklyn, NY 11234
For Sale
$699,000
Pending
Semidetached three-bedroom duplex with 2.5 baths, private rear yard, and terrace off the living room; needs TLC.
Property Size1,672 SF
Days on Market592
Property Features for 2427 72nd Street
General Information
- Standard status
- Pending
- Size
- 1,672 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1970
Listing Agency:
Century 21 Homefront Realty
(718) 252-6060
Listed By:
Delton Cheng · License #31CH0928260
(718) 252-6060
Source:
Exitrealty
Added: Dec 9, 2024
Changed: Jul 22
Last Checked: Jul 23 at 6:01AM
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 Century 21 Homefront Realty
Investment Insights
Based on property information with market context.
Subject to short sale approval, this semidetached one-family three-bedroom duplex offers 2.5 baths and a flexible layout that the remarks describe as well-suited for hosting guests or functioning as a home office. The home includes a private rear garden yard and a back terrace accessed off the living room.
Located at 2427 72nd Street in Brooklyn, NY 11234, the property is being presented as a renovation opportunity. The interior and overall condition are described as requiring a touch of tender loving care, providing a renovation canvas for a buyer looking to personalize and enhance the residence.
For buyers who can accommodate updates, the combination of an outdoor private rear yard and an interior living-room terrace creates practical indoor-outdoor options for everyday use and entertaining.
Located at 2427 72nd Street in Brooklyn, NY 11234, the property is being presented as a renovation opportunity. The interior and overall condition are described as requiring a touch of tender loving care, providing a renovation canvas for a buyer looking to personalize and enhance the residence.
For buyers who can accommodate updates, the combination of an outdoor private rear yard and an interior living-room terrace creates practical indoor-outdoor options for everyday use and entertaining.
Key Highlights
- Semidetached 3‑bedroom duplex with 2.5 baths
- Private rear garden yard
- Back terrace off the living room
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 | $85.3k | $51.00 |
| − Vacancy | −$1.6k | −$0.97 |
| EGI | $83.7k | $50.03 |
| − OpEx | −$25.1k | −$15.01 |
| NOI | $58.6k | $35.02 |
1,672 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$836.5K
$732.0K – $975.9K
NOI $58,556 @ 7.0% cap · market cap 8.38%
Second Best
Apartment 5plus
$729.2K
$638.1K – $850.7K
NOI $51,044 @ 7.0% cap · market cap 7.30%
Theoretical Best
Specialty Retail
$1.38M
$1.21M – $1.62M
NOI $96,909 @ 7.0% cap · market cap 13.86%
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 - Semidetached three-bedroom duplex with 2.5 baths, private rear yard, and terrace off the living room; needs TLC.
Where is this duplex located?
The property is located at 2427 72nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Semidetached 3‑bedroom duplex with 2.5 baths; Private rear garden yard; Back terrace off the living room
