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Multifamily

1729 67th Street

1729 67th St, Brooklyn, NY 11204

Listing Price: $5,300,000

Cap Rate
10.00%
Number of Units
59
GRM
5.23
Price/Unit
$89,831
Price/Gross SF
$85.84
Gross SF
61,740

Investment Overview

Marcus & Millichap is pleased to exclusively present 1729 67th Street, a well-located multifamily investment opportunity in the heart of Bensonhurst, one of Brooklyn’s most established and resilient residential neighborhoods. The Property offers investors the opportunity to acquire a stabilized asset with strong in-place income and meaningful long-term upside within a submarket characterized by limited supply and enduring tenant demand.

Positioned just off the neighborhood’s primary commercial corridors, 1729 67th Street benefits from immediate access to an extensive mix of local retailers, neighborhood services, and public transportation options that provide seamless connectivity throughout Brooklyn and into Manhattan. The surrounding area is supported by a dense residential population, a strong sense of community, and a history of stable occupancy levels that continue to underpin the neighborhood’s investment fundamentals.

The offering presents a rare opportunity to acquire a high-quality Brooklyn multifamily asset in a proven submarket with significant barriers to entry. Supported by the area’s long-term demographic strength and consistent demand for housing, 1729 67th Street offers investors durable cash flow potential and the ability to capitalize on future appreciation within one of New York City’s most established neighborhoods.

Investment Highlights

  • 1729 67th Street, built in 1930, comprises 59 units, spanning 4 stories, approx. 61,740 SF.
  • Tax Class: 2 | Zoning: R5 | 100% Rent-Stabilized
  • The property benefits from being located just steps from the N and D subway lines, offering direct access to Manhattan and strong connectivity throughout Brooklyn.

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

    License(s): NY: 10491208207, NY: 10301215754

    New York City

  • Andrew Bronsteen

    Licensed Real Estate Salesperson

    (718) 475-4329

    Email Andrew

    License(s): NY: 10401314581

    New York City

Financing By

Multifamily

1729 67th Street

Listing Price: $5,300,000

Cap Rate
10.00%
Number of Units
59
GRM
5.23
Price/Unit
$89,831
Price/Gross SF
$85.84
Gross SF
61,740

Investment Highlights

  • 1729 67th Street, built in 1930, comprises 59 units, spanning 4 stories, approx. 61,740 SF.
  • Tax Class: 2 | Zoning: R5 | 100% Rent-Stabilized
  • The property benefits from being located just steps from the N and D subway lines, offering direct access to Manhattan and strong connectivity throughout Brooklyn.

Investment Overview

Marcus & Millichap is pleased to exclusively present 1729 67th Street, a well-located multifamily investment opportunity in the heart of Bensonhurst, one of Brooklyn’s most established and resilient residential neighborhoods. The Property offers investors the opportunity to acquire a stabilized asset with strong in-place income and meaningful long-term upside within a submarket characterized by limited supply and enduring tenant demand. Positioned just off the neighborhood’s primary commercial corridors, 1729 67th Street benefits from immediate access to an extensive mix of local retailers, neighborhood services, and public transportation options that provide seamless connectivity throughout Brooklyn and into Manhattan. The surrounding area is supported by a dense residential population, a strong sense of community, and a history of stable occupancy levels that continue to underpin the neighborhood’s investment fundamentals. The offering presents a rare opportunity to acquire a high-quality Brooklyn multifamily asset in a proven submarket with significant barriers to entry. Supported by the area’s long-term demographic strength and consistent demand for housing, 1729 67th Street offers investors durable cash flow potential and the ability to capitalize on future appreciation within one of New York City’s most established neighborhoods.

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

    License(s): NY: 10491208207, NY: 10301215754

    New York City

  • Andrew Bronsteen

    Licensed Real Estate Salesperson

    (718) 475-4329

    Email Andrew

    License(s): NY: 10401314581

    New York City

Financing By

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