3707 Nautilus Ave Brooklyn, NY 11224
Two-story, two-family house in gated Seagate community.
Property Features for 3707 Nautilus Ave
General Information
- Standard status
- Active
- Size
- 1,851 SF
- Lot size
- 0.04 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1945
Listing office Gillani Homes Inc. (718) 442-4400
Listing date Mar 11, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- Private gated community of Seagate with private beach access.
- Two‑family brick house offering rental income potential.
- Attached 1‑car garage and private backyard.
Local Financial Insights For Apartment 5plus
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 | $104.8k | $56.64 |
| − Vacancy | −$2.1k | −$1.13 |
| EGI | $102.7k | $55.51 |
| − OpEx | −$46.2k | −$24.98 |
| NOI | $56.5k | $30.53 |