74 Kermit Place Brooklyn, NY 11218
MULTI_FAMILY - Brooklyn, NY
- Added:
- Jun 30, 2026
- Days on Market:
- 13
- Last Refresh:
- Jul 12 at 7:06 pm
Property Features for 74 Kermit Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5B
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 3
- Interior features
- Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 2,840 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7444
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Flat
Listing agent Hang (Tyler) Chen (917) 708-9966
Listing office Tiger Realty 1484 86th Street, Brooklyn, NY (917) 708-9966
Listing date Jun 30, 2026
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.
Located on a quiet, tree-lined block in Windsor Terrace, the home is described as moments from Prospect Park and within reach of neighborhood shops and restaurants. Public transit access is noted with the F and G trains nearby, supporting convenient day-to-day travel.
With its two-family configuration and residential R5B zoning designation, the property is practical for buyers seeking flexibility in how they occupy or lease the units. The combination of a brick, two-family building form and a location connected to local amenities and transit may appeal to owner-occupants who want income potential alongside their own living space, as well as investors evaluating a residential income asset.
Key Highlights
- Two‑family brick home with flat roof, built in 1910
- Approx. 2,840 sq ft versatile layout for end user, multi‑generational living, or investment
- Interior includes a refrigerator and stove
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 | $144.8k | $51.00 |
| − Vacancy | −$2.8k | −$0.97 |
| EGI | $142.1k | $50.03 |
| − OpEx | −$42.6k | −$15.01 |
| NOI | $99.5k | $35.02 |
