Semi-Attached 3-Bedroom
For Sale
$649,000
660 37th Street, Brooklyn, NY 11203
Residential property with a finished basement, detached garage, fenced yards, and formal living and dining areas.
Property Size1,144 SF
Price / SF$567.31
Days on Market569
Property Features for 660 37th Street
General Information
Standard status
Active
Size
1,144 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$5,299
Amenities
finished basement with separate entrance
detached garage
fully fenced front and back yards
Building Details
Year Built
1925
Listing Agency:
Century 21 Achievers
Listed By:
Andre Hanniford · License #HANDE791
(718) 758-0600
Source:
Exitrealty
Added: Apr 7, 2025
Changed: Oct 25
Last Checked: Oct 9 at 6:24PM
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 Century 21 Achievers
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Investment Insights
Based on property information with market context.
This 3-bedroom duplex provides 1,144 square feet of residential space in a semi-attached configuration. Interior features include formal living and dining rooms, extensive closet storage, and numerous windows that bring natural light throughout the home. A finished basement with its own entrance adds usable lower-level space.
The property also includes a detached garage, an extra-wide shared driveway, and fully fenced front and rear yards. Built in 1925, the residence is located at 660 37th Street in Brooklyn’s East Flatbush neighborhood.
The property also includes a detached garage, an extra-wide shared driveway, and fully fenced front and rear yards. Built in 1925, the residence is located at 660 37th Street in Brooklyn’s East Flatbush neighborhood.
Key Highlights
- 3‑bedroom semi‑attached duplex with 1,144 square feet
- Finished basement with separate entrance
- Detached garage and extra‑wide shared driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,065
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$801,300
$801.3K
Cap Rate 7%
$572,357
$572.4K
Cap Rate 9%
$445,167
$445.2K
Market Conditions
NOI Build-Up for 1,144 SF
Gross rent
$58.3K $51.00/SF
− Vacancy
−$1.1K −$0.97/SF
EGI
$57.2K $50.03/SF
− OpEx
−$17.2K −$15.01/SF
NOI
$40.1K $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%
$801,300
Cap Rate 7%
$572,357
Cap Rate 9%
$445,167
Alternative Uses
Best Use
Multifamily LT 5
$572.4K
$500.8K – $667.8K
NOI $40,065 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$498.9K
$436.6K – $582.1K
NOI $34,925 @ 7.0% cap · market cap 5.38%
Theoretical Best
Specialty Retail
$947.2K
$828.8K – $1.11M
NOI $66,306 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
3,047
Businesses Nearby
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Business Placement
Demographics for 11203, NY
81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Residential property with a finished basement, detached garage, fenced yards, and formal living and dining areas.
Where is this duplex located?
The property is located at 660 37th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 3‑bedroom semi‑attached duplex with 1,144 square feet; Finished basement with separate entrance; Detached garage and extra‑wide shared driveway
