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1569 70th St 5 Unit Apartment Building $3,542,288 CAD ($708,458 CAD/Unit) Brooklyn, NY 11228
Executive Summary
Wonderful 5-family free-market rental located in desirable Dyker Heights. The building has been fully renovated throughout and is in excellent, move-in-ready condition. Each apartment features separate utilities, with tenants paying their own cooking gas and electric. There are 5 individual boilers and heating systems, fully separate for each unit—making the landlord’s only responsibilities water, taxes, and insurance. Unit configuration includes 1 three-bedroom duplex with 2 full bathrooms, 1 three-bedroom/1-bath apartment, and 3 two-bedroom/1-bath apartments. All units are vacant, offering immediate income potential or flexible use. A rare opportunity to own a turn-key, free-market investment property in a prime Brooklyn location. Don’t miss this exceptional offering.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,542,288 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $708,458 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| No. Units | 5 | Building Size | 4,680 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1925 |
| Zoning | R5 - Medium density district with a height limit of 40 feet | ||
| Price | $3,542,288 CAD |
| Price Per Unit | $708,458 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 4,680 SF |
| No. Stories | 3 |
| Year Built | 1925 |
| Zoning | R5 - Medium density district with a height limit of 40 feet |
Amenities
Unit Amenities
- Tile Floors
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 06158-0034 | Improvements Assessment | $389,858 CAD |
| Land Assessment | $187,206 CAD | Total Assessment | $577,063 CAD |
Property Taxes
Parcel Number
06158-0034
Land Assessment
$187,206 CAD
Improvements Assessment
$389,858 CAD
Total Assessment
$577,063 CAD
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1569 70th St
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