Two-Family Home in Gated Community

3707 Nautilus Avenue Brooklyn, NY 11224

Claim this Listing
For Sale
$699,000

MULTI_FAMILY - Kings, NY

Property size:
1,851 SF
Lot size:
0.04 Acres
Price / SF:
$377/SF
Added:
Nov 23, 2025
Days on Market:
232
Last Refresh:
Jul 13 at 6:06 am

Property Features for 3707 Nautilus Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R3-1
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
Parking features
Garage
Interior features
A/C Unit, A/C Unit - Window
Standard status
Active
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
5700

Building Details

Year built
1945
Floors in Building
1
Number of units
2
Flooring type
Hardwood, Laminate
Building materials
Brick
Roof type
Flat

Listing agent John Guastella

Listing office Gillani Homes Inc. 62 Sand Lane, Staten Island, NY

Listing date Nov 23, 2025

MLS# 497552 Listing URL

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.

Located in the private gated community of Seagate, this two-story, two-family brick house offers an opportunity to live in a desirable location. The home features 1,851 square feet of livable space and sits on a 22 by 100 foot lot. The ground floor contains a one-bedroom apartment with a large living room, bedroom, bathroom space, and a separate eat-in kitchen area, which requires some improvements. The second floor includes two bedrooms with closets, a large living room, an eat-in kitchen, and a full-size bathroom. Additional features include a large private backyard, a driveway leading to a one-car attached garage, and a utility room behind the garage housing a furnace and water heater, both one year old. The Seagate community provides 24-hour security with a gated entrance and private beach access. Public transportation is nearby, including city and express buses to Manhattan, with city bus connections to subway trains. Flood insurance is required.

Key Highlights

  • 2‑family brick home with 1,851 SF of livable space built in 1945
  • 22 ft x 100 lot with a large private backyard and driveway leading to a 1‑car attached garage
  • 1st‑floor rental apartment includes a spacious 1‑bedroom, large living room, bathroom, and eat‑in kitchen area

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
1,851 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$926.1K
$810.3K – $1.08M (±1% cap)
NOI $64,825 @ 7.0% cap · market cap 9.27%
Second Best
Apartment 5plus
$807.3K
$706.4K – $941.8K (±1% cap)
NOI $56,509 @ 7.0% cap · market cap 8.08%
Theoretical Best
Specialty Retail
$1.53M
$1.34M – $1.79M (±1% cap)
NOI $107,284 @ 7.0% cap · market cap 15.35%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Hair Salon Spa & Massage Center Dental Office Gym & Fitness Center Skin Care Clinic Nail Salon Cafe & Coffee Shop Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-family brick house in private gated beach community.
Where is this duplex located?
The property is located at 3707 Nautilus Avenue 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: 2‑family brick home with 1,851 SF of livable space built in 1945; 22 ft x 100 lot with a large private backyard and driveway leading to a 1‑car attached garage; 1st‑floor rental apartment includes a spacious 1‑bedroom, large living room, bathroom, and eat‑in kitchen area
Contact an agent
More about this property
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