Brick Duplex with Finished
For Sale
$1,860,000
873 60th Street, Brooklyn, NY 11220
Residential, Brooklyn, NY
Property Size2,748 SF
Lot Size0.04 Acres
Price / SF$676.86
Days on Market667
Property Features for 873 60th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bedroom 8, Bedroom 1, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 7, Bedroom 5, Bathroom 1
Interior features
Refrigerator, Stove
Basement
Finished, Full
Subdivision
Sunset Park
Standard status
Active
Size
2,748 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
7168
Building Details
Year built
1899
Floors in Building
2
Number of units
2
Flooring type
Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
Tiger Realty
Listed By:
Hang (Tyler) Chen · License #HC3855
(917) 708-9966
Added: Dec 13, 2024
Changed: Oct 10
Last Checked: Oct 11 at 9:06AM
MLS# 488051
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 Brooklyn duplex is a brick two-family residence with 2,748 square feet of interior space. The layout includes 8 bedrooms and 4 bathrooms, along with a finished basement. Interior features include a refrigerator and stove, while tile flooring and a flat roof complement the existing construction. The property was built in 1899.
The building occupies a 20x80-foot lot and measures 20x50 feet. Located at 873 60th Street in Brooklyn, the property carries R6 zoning and is positioned near transportation and restaurants. Its residential configuration and existing room count provide a substantial footprint for multifamily use.
The building occupies a 20x80-foot lot and measures 20x50 feet. Located at 873 60th Street in Brooklyn, the property carries R6 zoning and is positioned near transportation and restaurants. Its residential configuration and existing room count provide a substantial footprint for multifamily use.
Key Highlights
- Two‑family brick residence with 2,748 square feet of interior space
- 8 bedrooms and 4 bathrooms
- Finished basement included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,821
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,636,420
$1.6M
Cap Rate 7%
$1,168,871
$1.2M
Cap Rate 9%
$909,122
$909.1K
Market Conditions
NOI Build-Up for 2,748 SF
Gross rent
$122.0K $44.40/SF
− Vacancy
−$5.1K −$1.86/SF
EGI
$116.9K $42.54/SF
− OpEx
−$35.1K −$12.76/SF
NOI
$81.8K $29.77/SF
Area
ZIP 11220
Vacancy
4.20%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,636,420
Cap Rate 7%
$1,168,871
Cap Rate 9%
$909,122
Alternative Uses
Best Use
Multifamily LT 5
$1.17M
$1.02M – $1.36M
NOI $81,821 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$1.05M
$916.0K – $1.22M
NOI $73,280 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,702 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
6,788
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family residence with a finished basement, R6 zoning, and a brick exterior.
Where is this duplex located?
The property is located at 873 60th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,860,000.
What are key features of this property?
This property features: Two‑family brick residence with 2,748 square feet of interior space; 8 bedrooms and 4 bathrooms; Finished basement included
