Brick Duplex with Attached
New
For Sale
$1,350,000
52 74th Street, Brooklyn, NY 11209
Residential, Duplex, Brooklyn, NY
Property Size1,485 SF
Lot Size0.04 Acres
Price / SF$909.09
Days on Market1
Property Features for 52 74th Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R4A
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3
Parking features
Garage - Attached
Interior features
Central Air - Split, Refrigerator, Stove
Basement
Full, Finished
Subdivision
Bay Ridge
Standard status
Active
Size
1,485 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
9802
Amenities
hardwood floors
split A/C units
granite countertops
stainless steel appliances
Building Details
Year built
1940
Floors in Building
2
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Flat
Architectural style
Other
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Jason Zhou · License #10301217017
(718) 612-3088
Added: Aug 28
Last Checked: Aug 28 at 8:06PM
MLS# 504089
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.
This brick duplex at 52 74th Street provides 1,485 square feet of residential space on a 0.0406-acre lot. The upper level contains three bedrooms and one full bathroom, while the main floor includes a living room, dining area, eat-in kitchen, and half bathroom. A finished basement adds another full bathroom and a separate rear entrance.
The property was built in 1940 and includes an attached garage with a shared driveway. Interior details include hardwood and tile flooring, granite countertops, stainless steel appliances, a refrigerator, stove, and split A/C units. The home is located in Brooklyn's 11209 ZIP code, near shopping, restaurants, schools, parks, and public transportation.
The property was built in 1940 and includes an attached garage with a shared driveway. Interior details include hardwood and tile flooring, granite countertops, stainless steel appliances, a refrigerator, stove, and split A/C units. The home is located in Brooklyn's 11209 ZIP code, near shopping, restaurants, schools, parks, and public transportation.
Key Highlights
- 1,485 square feet on a 0.0406‑acre lot
- R4A zoning in Brooklyn, NY 11209
- Three‑bedroom upper level with one full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$52,007
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,040,140
$1.0M
Cap Rate 7%
$742,957
$743.0K
Cap Rate 9%
$577,856
$577.9K
Market Conditions
NOI Build-Up for 1,485 SF
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.
Gross rent
$75.7K $51.00/SF
− Vacancy
−$1.4K −$0.97/SF
EGI
$74.3K $50.03/SF
− OpEx
−$22.3K −$15.01/SF
NOI
$52.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,040,140
Cap Rate 7%
$742,957
Cap Rate 9%
$577,856
Alternative Uses
Best Use
Multifamily LT 5
$743.0K
$650.1K – $866.8K
NOI $52,007 @ 7.0% cap · market cap 3.85%
Second Best
Apartment 5plus
$647.7K
$566.7K – $755.6K
NOI $45,336 @ 7.0% cap · market cap 3.36%
Theoretical Best
Specialty Retail
$1.23M
$1.08M – $1.43M
NOI $86,071 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,355
Businesses Nearby
Explore this area
Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - R4A-zoned duplex with three bedrooms, a finished basement, hardwood floors, and split air conditioning.
Where is this duplex located?
The property is located at 52 74th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 1,485 square feet on a 0.0406‑acre lot; R4A zoning in Brooklyn, NY 11209; Three‑bedroom upper level with one full bathroom
