# 1565 70th Street, Brooklyn, NY 11228

> **TL;DR:** 18bd/7ba residential multi family, $1,988,000 ($425/sqft), built 1926, 4,680 sqft.
> Hardwood, A/C. Est. $10,632/mo. Listed 131 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,988,000 |
| Price/sqft | $425 |
| Bedrooms | 18 |
| Bathrooms | 6 full |
| Square Feet | 4,680 |
| Year Built | 1926 |
| Lot Size | 1,999 sqft (0.05 acres) |
| Stories | 3 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 131 |

## Why This Home Stands Out

- **Hardwood Floors** - Hardwood flooring listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $10,052 |
| Estimated Insurance | $580 |
| **Total** | **$10,632** |

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- Built in 1926
- 0.05 acre lot
- 3 stories

## Description

### Agent Description
Excellent investment opportunity! This well-maintained 6-family property underwent a complete gut renovation in 2011 and has been meticulously maintained ever since. The extensive renovation included structural steel beam reinforcement, all new plumbing and sewer lines, a fully updated electrical system, separate heating and hot water systems for each unit, all new windows, a new metal staircase, and complete reconfiguration of the apartments with new kitchens, bathrooms, and flooring throughout. The property consists of six residential units, including two spacious 3-bedroom, 1-living room apartments and four 3-bedroom apartments with large eat-in kitchens, plus a basement currently rented as storage for additional income that can be delivered vacant at closing. Current rental income totals $13,626 per month ($163,512 annually), including basement income. Annual operating expenses are approximately $32,093, consisting of property taxes of $20,973, water and sewer charges of $5,400, insurance of $5,000, and electric of approximately $720, resulting in a strong Net Operating Income (NOI) of approximately $131,419 per year. With stable cash flow, separate utilities, low maintenance requirements, and significant long-term upside potential, this property presents an outstanding opportunity for investors seeking a turnkey income-producing asset.

## Location

- **Address:** 1565 70th Street, Brooklyn, NY 11228
- **County:** Kings (Brooklyn)
- **Coordinates:** 40.619648, -73.998234
- **Google Maps:** https://www.google.com/maps?q=40.619648,-73.998234

## Listing Agent

- **Name:** Emily Hui Chen-Liang
- **Brokerage:** Tiger Realty
- **Broker Phone:** (917) 708-9966
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1565-70th-St_Brooklyn_NY_11228_M45242-56385?f=listhub&s=BMLSNY&m=502527&c=propsimple)

## Photos

![1565 70th Street - Photo 1](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f1199392368r.jpg)

![1565 70th Street - Photo 2](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f1199392368r.jpg)

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![1565 70th Street - Photo 8](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f3225818648r.jpg)

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![1565 70th Street - Photo 26](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f1993135505r.jpg)

![1565 70th Street - Photo 27](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f909769631r.jpg)

![1565 70th Street - Photo 28](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f2496360365r.jpg)

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![1565 70th Street - Photo 34](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f2126870394r.jpg)

![1565 70th Street - Photo 35](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f3338741141r.jpg)

![1565 70th Street - Photo 36](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f4011737776r.jpg)

![1565 70th Street - Photo 37](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f232344143r.jpg)

![1565 70th Street - Photo 38](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f3445565851r.jpg)

![1565 70th Street - Photo 39](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f2448579308r.jpg)

![1565 70th Street - Photo 40](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f47553722r.jpg)

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![1565 70th Street - Photo 42](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f1426641582r.jpg)

![1565 70th Street - Photo 43](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f3718826364r.jpg)

![1565 70th Street - Photo 44](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f66115300r.jpg)

![1565 70th Street - Photo 45](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f1160389832r.jpg)

![1565 70th Street - Photo 46](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f3725919679r.jpg)

![1565 70th Street - Photo 47](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f709683390r.jpg)

![1565 70th Street - Photo 48](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f171993339r.jpg)

![1565 70th Street - Photo 49](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f3955744865r.jpg)

![1565 70th Street - Photo 50](http://lh.rdcpix.com/beca65f3de876e2ccbdce8d23c6d90c1l-f871755670r.jpg)

---

**MLS#:** 502527 | **Updated:** 2026-10-30
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1565-70th-street-brooklyn-ny-11228-922371f42c7e4dabae1fab63fb9ae939)

---

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