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1028 66th St, Brooklyn, NY, 11219

8beds
6baths
5,045sqft
$2,000,000
$396price/sqft
$12,659/moest. monthly cost
$506,360/yrincome needed

About This Home

Rare Dyker Heights Portfolio Opportunity- One or Two 6 Families for sale 1028 66th Street is a six-family multifamily investment property located on one of Bensonhurst's most desirable residential corridors. The property currently generates approximately $121,322 in annual gross income and offers investors immediate value-add potential through existing vacancy and below-market rental opportunities. The building consists of two free-market apartments and four rent-stabilized apartments, providing a balance of stable income and future growth potential. Two units, 1F and 1R, are currently positioned for rent increases, allowing a new owner to enhance revenue and improve returns almost immediately. This built-in upside creates a compelling opportunity to increase income without relying solely on long-term tenant turnover. Based on projected rents and current operating expenses, the property offers projected annual gross income of approximately $156,201 with estimated operating expenses of approximately $39,116, resulting in a projected NOI of approximately $117,085 and a projected cap rate of approximately 5.85%. The building benefits from strong neighborhood demand, excellent transportation access, and proximity to local shopping and dining destinations, making it an attractive long-term investment in one of Brooklyn's most established multifamily markets. For buyers looking to maximize scale and operational efficiencies, the neighboring property at 1026 66th Street is also available for purchase. Combined, the portfolio offers 12 residential units, seven free-market apartments, five rent-stabilized apartments, projected annual income exceeding $313,000, and a projected portfolio cap rate of approximately 5.87%, creating one of the most attractive multifamily investment opportunities currently available in Bensonhurst. For detailed financials, rent rolls, operating expenses, pro forma projections, or portfolio pricing, please reach out directly for additional information.

Getting Around

93
WalkingWalker's Paradise
0
TransitVery Limited Transit
56
BikeBikeable

Schools

10/10
8/10
Jhs 227 Edward B ShallowGrades 6-80.8 mi
4/10
Fort Hamilton High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1931

Type & Style

  • Home type: SingleFamily
  • Property subType: Rental Unit

Interior

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 5,045
  • Total interior livable area: 5,045 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Courtyard

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $10,113$121,356
Home Insurance *$780$9,360
Property Taxes $933$11,196
Electricity $833$10,004
Total$12,659$151,908
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$434,022/yr
40% on housing$379,770/yr
45% on housing$337,573/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$396This listing

vs Other Active Listings

Avg $/sqft

ZIP 11219$843
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11219$716
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-22Listed for sale$2,000,000

For Sale by Agent

AgentJonathan Anobian
BrokerageDouglas Elliman

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