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Sunset Park Two-Family Property
For Sale
$2,880,000

710 61st St, Brooklyn, NY 11220

Two-family property in prime Sunset Park neighborhood with development potential.

Property Size1,204 SF
Lot Size0.04 Acres
Price / SF$5,333
Days on Market182

Property Features for 710 61st St

General Information

Standard status Active
Size 1,204 SF
Lot size 0.04 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $6,054

Building Details

Building Size 1,204 SF
Year Built 1920
Stories 2
Listing Agency: REMAX EDGE
Listed By: Jason Zhou · License #10301217017
Source: Elliman
Added: Mar 11 Changed: Sep 2 Last Checked: Sep 7 at 9:52AM

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 REMAX EDGE

Investment Insights

Based on property information with market context.

Located in the prime Sunset Park neighborhood, this two-family property at 710 61st Street, Brooklyn, offers a rare opportunity. The building has dimensions of 18x30 feet and sits on an 18x100 foot lot. Zoned M1-1, the property has a FAR of 2.4, allowing for 4,320 buildable square feet. The annual property tax is approximately $6,000. This property can be packaged with the empty lot at 708 61st Street and the two-family property at 712 61st Street. Interested parties are advised to verify details with their architect regarding potential variances. This property presents huge potential.

Key Highlights

  • Prime Sunset Park location.
  • Buildable square footage of 4,320 (FAR 2.4).
  • M1‑1 zoning allows for various uses (verify with architect).

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Nursing Home Parking Lot & Garage Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,315
Businesses Nearby

Demographics for 11220, NY

105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family property in prime Sunset Park neighborhood with development potential.
Where is this duplex located?
The property is located at 710 61st St Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,880,000.
What are key features of this property?
This property features: Prime Sunset Park location.; Buildable square footage of 4,320 (FAR 2.4).; M1‑1 zoning allows for various uses (verify with architect).
More about this property
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