Single-Family Residence with Terrace
633 71st Street Brooklyn, NY 11209
633 71st Street, Brooklyn, NY, 11209
$1,150,000
For Sale
$1,150,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,257 SF
Lot Size0.02 Acres
Price / SF$914.88
Days on Market20
Property Features for 633 71st Street
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R4-1
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
- Parking features
- Carport
- Interior features
- Dryer, Refrigerator, Stove, Terrace, Washer
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 1,257 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6742
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Other
Listing Agency
Re/Max Real Estate Professiona
(718) 872-5522
6423 11th Ave, Brooklyn, NY
Listed by
Huizhen (Rose) Li
(718) 532-2000
Added: Jun 29 Checked: Jul 18 at 10:06 pm
MLS# 502646
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.
This well-maintained single-family residence offers flexible living space across two floors plus a fully finished basement. The first floor includes a spacious living room that can also serve as a home office or formal dining area, along with hardwood floors and an updated kitchen. The second floor features two large bedrooms, a full bathroom, and one bedroom with access to a private terrace. A fully finished basement includes a separate entrance for added convenience, and washer and dryer units are available on two floors.
The property is located in the Bay Ridge neighborhood and is described as conveniently near schools, shopping, banks, restaurants, parks, the R train, buses, and I-278, supporting easy access to Manhattan. The home is identified under zoning R4-1.
Overall, the layout is designed to support day-to-day comfort with multi-level laundry convenience and a basement setup that can function independently thanks to the separate entrance.
The property is located in the Bay Ridge neighborhood and is described as conveniently near schools, shopping, banks, restaurants, parks, the R train, buses, and I-278, supporting easy access to Manhattan. The home is identified under zoning R4-1.
Overall, the layout is designed to support day-to-day comfort with multi-level laundry convenience and a basement setup that can function independently thanks to the separate entrance.
Key Highlights
- Brick single‑family home built in 1930 with hardwood floors and a flat roof
- Updated kitchen with a spacious first‑floor living room that can serve as a home office or formal dining room
- Second floor offers two large bedrooms plus a full bathroom, and one bedroom with access to a private terrace
Local 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 | $64.1k | $51.00 |
| − Vacancy | −$1.2k | −$0.97 |
| EGI | $62.9k | $50.03 |
| − OpEx | −$18.9k | −$15.01 |
| NOI | $44.0k | $35.02 |
1,257 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$628.9K
$550.3K – $733.7K
NOI $44,022 @ 7.0% cap · market cap 3.83%
Second Best
Apartment 5plus
$548.2K
$479.7K – $639.6K
NOI $38,375 @ 7.0% cap · market cap 3.34%
Theoretical Best
Specialty Retail
$1.04M
$910.7K – $1.21M
NOI $72,856 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained home with a private terrace, updated kitchen, and fully finished basement with a separate entrance.
Where is this duplex located?
The property is located at 633 71st Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Brick single‑family home built in 1930 with hardwood floors and a flat roof; Updated kitchen with a spacious first‑floor living room that can serve as a home office or formal dining room; Second floor offers two large bedrooms plus a full bathroom, and one bedroom with access to a private terrace
