Brick Two-Family
561 72nd Street, Brooklyn, NY 11209
For Sale
New
$1,388,000
Pending
The layout includes first-floor bedroom and full-bath features, formal dining, and a full walk-out basement.
Property Size3,240 SF
Days on Market4
Property Features for 561 72nd Street
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
Full,Walk-Out Access
Carpet,Hardwood,Vinyl
2
Yes
5
First Floor Bedroom,First Floor Full Bath,Ceiling Fan(s),Eat-in Kitchen,Formal Dining,High Ceilings,Original Details,Master Downstairs,Washer/Dryer Hookup
Full, Walk-Out Access
Back Yard,Front Yard
Public
No
3240
Building Details
Building Size
Year Built
Construction
Listing Agency:
Andron Realty Group Tulip R E
(929) 345-3889
Listed By:
Islam Jahad
Source:
Suitsre
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 13 at 2:38AM
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 Andron Realty Group Tulip R E
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Investment Insights
Based on property information with market context.
This 3,240-square-foot brick duplex was built in 1910 and is configured as a two-family home. Interior features include a full walk-out basement, first-floor bedroom and full bath, eat-in kitchen, formal dining room, and high ceilings. Original details and washer/dryer hookups are also noted.
The property is at 561 72nd Street in Brooklyn, near shopping, schools, and transportation. Front and back yards are included.
The property is at 561 72nd Street in Brooklyn, near shopping, schools, and transportation. Front and back yards are included.
Key Highlights
- 3,240‑square‑foot, two‑family brick home
- Built in 1910
- Full walk‑out basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,470
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,269,400
$2.3M
Cap Rate 7%
$1,621,000
$1.6M
Cap Rate 9%
$1,260,778
$1.3M
Market Conditions
NOI Build-Up for 3,240 SF
Gross rent
$165.2K $51.00/SF
− Vacancy
−$3.1K −$0.97/SF
EGI
$162.1K $50.03/SF
− OpEx
−$48.6K −$15.01/SF
NOI
$113.5K $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%
$2,269,400
Cap Rate 7%
$1,621,000
Cap Rate 9%
$1,260,778
Alternative Uses
Best Use
Multifamily LT 5
$1.62M
$1.42M – $1.89M
NOI $113,470 @ 7.0% cap · market cap 8.18%
Second Best
Apartment 5plus
$1.41M
$1.24M – $1.65M
NOI $98,914 @ 7.0% cap · market cap 7.13%
Theoretical Best
Specialty Retail
$2.68M
$2.35M – $3.13M
NOI $187,790 @ 7.0% cap · market cap 13.53%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,975
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
$905,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The layout includes first-floor bedroom and full-bath features, formal dining, and a full walk-out basement.
Where is this duplex located?
The property is located at 561 72nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,388,000.
What are key features of this property?
This property features: 3,240‑square‑foot, two‑family brick home; Built in 1910; Full walk‑out basement
