Two-Family
963 70th Street Brooklyn, NY 11228
963 70th Street, Brooklyn, NY, 11228
$1,650,000
Pending
MULTI_FAMILY - Brooklyn, NY
Property Size2,777 SF
Lot Size0.06 Acres
AddedMay 22
Days on Market55
Last RefreshJul 15 at 6:06 pm
Property Features for 963 70th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 3, Dining Room, Bedroom 7, Bedroom 6, Bathroom 2, Basement, Bedroom 4, Bedroom 3
- Parking features
- On Street
- Patio and Porch features
- Patio
- Interior features
- First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s), Crown Molding, Entrance Foyer, Formal Dining, Granite Counters, High Ceilings, Open Kitchen, Quartz/Quartzite Counters, Recessed Lighting
- Exterior features
- Rain Gutters
- Fencing
- Fenced
- Basement
- Walk-Out Access, Full, Finished
- Standard status
- Pending
- APN
- 05879-0063
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 9053
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1901
- Number of units
- 2
- Flooring type
- Tile, Hardwood
- Building materials
- Brick, Brownstone, Vinyl Siding
Listing agent Doris Rose Piazza (917) 440-0505
Listing office Coldwell Banker American Homes 1016A Park Blvd, East Meadow, NY (516) 798-4100
Listing date May 22, 2026
MLS# 1005452
Listing URL
Copyright © 2026 OneKey MLS. 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 two-family brownstone has been completely renovated and offers a total of seven bedrooms and three full bathrooms. The ground and first floor unit features four bedrooms, two full bathrooms, a living room, dining room, and kitchen with access to a sunroom and a backyard patio. The second floor unit includes three bedrooms, one full bathroom, along with a living room, dining room, and kitchen. The lower level provides front and back walk-out access. Interior finishes include hardwood flooring and newer tile floors, and the property includes laundry and a PVC-fenced yard. Reported updates include a newer roof, gas heat, a newer electric 200-amp system (2 meters), a central air condenser (approximately four years), updated leaders and gutters, and a newer sewer line.
The home sits on a 20' x 100' lot with a building size of 20' x 52'. It is described as being on a tree-lined block in Dyker Heights, with access to Dyker Beach Park and Golf Course, as well as the Fort Hamilton Parkway and 13th Avenue shopping and dining strip. Public transportation access is noted via B4, B64, B16, B70 bus routes and the N train.
For buyers seeking residential income or multi-generational flexibility, the property provides two distinct apartment configurations within one building, allowing one unit to be owner-occupied while the other supports rental income. The scope of reported building and systems improvements also supports a more turnkey ownership experience, subject to buyer verification.
The home sits on a 20' x 100' lot with a building size of 20' x 52'. It is described as being on a tree-lined block in Dyker Heights, with access to Dyker Beach Park and Golf Course, as well as the Fort Hamilton Parkway and 13th Avenue shopping and dining strip. Public transportation access is noted via B4, B64, B16, B70 bus routes and the N train.
For buyers seeking residential income or multi-generational flexibility, the property provides two distinct apartment configurations within one building, allowing one unit to be owner-occupied while the other supports rental income. The scope of reported building and systems improvements also supports a more turnkey ownership experience, subject to buyer verification.
Key Highlights
- Two‑family brownstone with 7 bedrooms and 3 full bathrooms, offering ground/1st and 2nd floor apartments
- 2777 SF of living space in a 20' x 52' building on a 20' x 100' lot
- Central A/C plus hardwood floors and newer tile flooring throughout
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 | $141.6k | $51.00 |
| − Vacancy | −$2.7k | −$0.97 |
| EGI | $138.9k | $50.03 |
| − OpEx | −$41.7k | −$15.01 |
| NOI | $97.3k | $35.02 |
2,777 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.39M
$1.22M – $1.62M
NOI $97,255 @ 7.0% cap · market cap 5.89%
Second Best
Apartment 5plus
$1.21M
$1.06M – $1.41M
NOI $84,779 @ 7.0% cap · market cap 5.14%
Theoretical Best
Specialty Retail
$2.30M
$2.01M – $2.68M
NOI $160,955 @ 7.0% cap · market cap 9.75%
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 - Completely renovated two-family layout with separate units, updated systems, and a backyard patio for flexible owner or rental use.
Where is this duplex located?
The property is located at 963 70th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Two‑family brownstone with 7 bedrooms and 3 full bathrooms, offering ground/1st and 2nd floor apartments; 2777 SF of living space in a 20' x 52' building on a 20' x 100' lot; Central A/C plus hardwood floors and newer tile flooring throughout
